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    4000 Shannon Lane
    505 Old Ranch Road
    68160 Vega Road
    10803 Otsego Street, North Hollywood, CA 91601
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    10803 Otsego Street
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    • MLS#: 25505227 ( )
    • Street Address: 10803 Otsego Street
    • Viewed: 11
    • Price: $3,800,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1964
    • Bldg sqft: 0
    • Days On Market: 27
    • Additional Information
    • County: LOS ANGELES
    • City: North Hollywood
    • Zipcode: 91601
    • Provided by: Nourmand & Associates-HW
    • Contact: Gina Gina
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Welcome to Mesa Otsego, A Prime Investment Opportunity in North Hollywood! Tucked away on a quiet, tree lined street in the heart of NorthHollywood. Mesa Otsego is a well maintained 16 unit apartment building offering stability and upside potential. Projected future income could be $28,200/mth or $338,400/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. Three units will be delivered vacant, providing 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. 3 Units are currently vacant and ready to rent to new tenants. 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.
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    Property Location and Similar Properties
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    Similar
    Features
    Appliances
    1. Dishwasher
    2. Disposal
    3. Refrigerator
    4. Gas Cooktop
    5. Gas Oven
    6. Range
    Architectural Style
    1. Traditional
    Building Area Total
    1. 11428.00
    Carport Spaces
    1. 15.00
    Construction Materials
    1. Stucco
    Cooling
    1. Wall/Window Unit(s)
    Country
    1. US
    Fireplace Features
    1. None
    Flooring
    1. Laminate
    2. Tile
    3. Vinyl
    4. Carpet
    Heating
    1. Wall Furnace
    Interior Features
    1. Ceiling Fan(s)
    Laundry Features
    1. Community
    2. Individual Room
    Levels
    1. Multi/Split
    2. Two
    Netoperatingincome
    1. 210404.00
    Parcel Number
    1. 2419007026
    Parking Features
    1. Assigned
    2. Carport
    3. Covered
    Pool Features
    1. In Ground
    2. Fenced
    Roof
    1. Composition
    Security Features
    1. Gated Community
    Sourcesystemkey
    1. 25505227:CLAW
    Spa Features
    1. None
    Tenant Pays
    1. Electricity
    2. Gas
    Totalexpenses
    1. 90232.00
    Views
    1. 11
    Year Built
    1. 1964
    Zoning
    1. LARD1.5
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    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836