Traditional

10803 Otsego Street

North Hollywood , CA 91601

MLS#: 25505227

$3,699,000

Status: Active
Listing number: 25505227
Listing provided by: Nourmand & Associates-HW
Listing agent phone: None
Last update: 2 days ago
On site: 4 months ago
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Property

Beds

16

Full Baths

None

1/2 Baths

None

Year Built

1964

Sq.Footage

11,428

Welcome to Mesa Otsego, A Prime Investment Opportunity in North Hollywood! Tucked away on a quiet, tree-lined street in the heart of North Hollywood. Mesa Otsego is a well-maintained 16-unit apartment building offering stability and upside potential. Projected future income could be $27,730/mth or $332,760/year. The property consists of 14 one-bedroom, one-bathroom units, each with a covered carport parking spot, and a spacious two-bedroom, two-bathroom unit. Two vacant units provide an excellent opportunity for owner occupancy or market-rate rentals. The property has undergone key upgrades, including a completed soft-story retrofit and a newer electrical panel. Residents can enjoy a refreshing pool, on-site community laundry, and, in select units, private outdoor spaces. Beyond the property, Mesa Otsego offers unbeatable access to the best of the NOHO Arts District. Just moments away, you'll find some of the neighborhood's hottest restaurants, including The Federal, a stylish gastropub with craft cocktails; Idle Hour, the iconic barrel-shaped bar with a lively atmosphere; and The Front Yard, a local favorite serving elevated California cuisine. Enjoy world-class entertainment at The Road Theatre Company and the historic El Portal Theatre, or grab a coffee at the ever-popular Groundwork Coffee Co. with Metro access nearby, commuting is a breeze, making this an attractive location for renters. Drive by only. Do not disturb tenants. All offers are subject to interior inspection.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s)

  • Total Bedrooms

    16

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Assigned, Covered, Carport

  • Pool

    Yes

  • Pool Features

    Fenced, In Ground

Area & Lot

  • Lot Size(acres)

    0.2884

  • Property Type

    Residential Income

  • Architectural Style

    Traditional

Price

  • Sales Price

    $3,699,000

  • Sq. Footage

    11, 428

  • Price/SqFt

    $323

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

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Listing Courtesy of Gina Isaac , Nourmand & Associates-HW

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Welcome to Mesa Otsego, A Prime Investment Opportunity in North Hollywood! Tucked away on a quiet, tree-lined street in the heart of North Hollywood. Mesa Otsego is a well-maintained 16-unit apartment building offering stability and upside potential. Projected future income could be $27,730/mth or $332,760/year. The property consists of 14 one-bedroom, one-bathroom units, each with a covered carport parking spot, and a spacious two-bedroom, two-bathroom unit. Two vacant units provide an excellent opportunity for owner occupancy or market-rate rentals. The property has undergone key upgrades, including a completed soft-story retrofit and a newer electrical panel. Residents can enjoy a refreshing pool, on-site community laundry, and, in select units, private outdoor spaces. Beyond the property, Mesa Otsego offers unbeatable access to the best of the NOHO Arts District. Just moments away, you'll find some of the neighborhood's hottest restaurants, including The Federal, a stylish gastropub with craft cocktails; Idle Hour, the iconic barrel-shaped bar with a lively atmosphere; and The Front Yard, a local favorite serving elevated California cuisine. Enjoy world-class entertainment at The Road Theatre Company and the historic El Portal Theatre, or grab a coffee at the ever-popular Groundwork Coffee Co. with Metro access nearby, commuting is a breeze, making this an attractive location for renters. Drive by only. Do not disturb tenants. All offers are subject to interior inspection.

10803 Otsego Street

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