11259 Otsego Street, North Hollywood, CA 91601
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$ 2,225,000
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11259 Otsego Street North Hollywood, CA 91601

4 Beds

4 Baths

6,896 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26227688

Bedrooms 4

Lot Size 6,896 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the heart of the NoHo Arts District, Estancia Apartments is a gated, fully occupied eight-unit property, with each residence offering one bedroom and one bath. The building retains much of its original charm, while seven of the eight units have been updated. Unit 1 features central HVAC, and an on-site laundry room adds convenience for residents. Within the past year, the property has benefited from a new roof and electrical work, central HVAC in Unit 1, a raised railing, a security gate, a new carport roof and carport repairs, added property lighting, painted ironwork, filled driveway cracks, and repaired exterior columns. With some rents below market, the property offers potential rental upside over time, subject to existing leases and applicable requirements. The NoHo Arts District is known for its theaters, galleries, dance studios, restaurants, cafs, and specialty shops. The property is near the North Hollywood Metro Station, served by the B and G Lines, with convenient access to the 170 and 101 freeways.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Between Tujunga and Lankershim, South of Magnolia

Interior

Heating Forced Air Unit

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 2353003018

Acceptable Financing Cash

Listing Terms Cash


MLS Router / San Diego MLS
Listed by Stefan Doomanis, DRE#01969643 Coldwell Banker Envision 
Travis Tysor

Travis Tysor

Agent License ID: 02189014

+1(760) 468-4581

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11259 Otsego Street