10803 Otsego St Active Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91601
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 11,428 sqft
Price per Sqft $332
MLS Listing ID 25505227
Style Traditional
Bedrooms 16
Year Built 1964
Lot Size 0.288 Acres
Acres 0.2884
Property Sub-Type Multi-Family
Property Description
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 $27,925/mth or $335,100/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 manager's unit, which is currently vacant, allowing the flexibility to choose your resident manager. Four 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.
Location
State CA
County Los Angeles
Area North Hollywood
Building/Complex Name Mesa Otsego
Zoning LARD1.5
Rooms
Other Rooms None
Dining Room 0
Interior
Heating Wall
Cooling Wall/Window
Flooring Mixed, Laminate, Tile, Vinyl, Carpet
Fireplaces Type None
Equipment Garbage Disposal, Dishwasher, Ceiling Fan, Range/Oven, Refrigerator
Laundry Community, Room
Exterior
Parking Features Assigned, Carport, Covered Parking
Garage Spaces 15.0
Pool In Ground, Fenced
Community Features Community Mailbox
Roof Type Composition
Building
Story 2
Architectural Style Traditional
Level or Stories Multi/Split, Two
Structure Type Stucco
Others
Special Listing Condition Standard