For Sale

10803 Otsego St

10803 Otsego St, North Hollywood, CA 91601

$3,800,000

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.

16
beds

17
baths

11,428 Sq.Ft. LIVING AREA

0.29 Acres lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 10803 Otsego St, North Hollywood, CA 91601. We are reviewing your request and will be in touch shortly!
Gina Isaac

Gina Isaac

Chris Furstenberg

Chris Furstenberg

Features & Amenities

Interior

  • total bedrooms16
  • Total bathrooms17
  • Laundry room Community, Room
  • Flooring Mixed, Laminate, Tile, Vinyl, Carpet
  • Fireplace None
  • APPLIANCES Garbage Disposal, Dishwasher, Ceiling Fan, Range/Oven, Refrigerator

Area & Lot

  • Status For Sale
  • Living Area11,428 Sq.Ft.
  • Lot Area0.29 Acres
  • MLS® ID25505227
  • TypeMulti-Family
  • YEAR BUILT1964

Exterior

  • STORIES2
  • PoolIn Ground, Fenced
  • roofComposition
  • parkingAssigned, Carport, Covered Parking
  • HEAT TYPEWall
  • AIR CONDITIONINGWall/Window
  • security FeaturesGated

Financial

  • Sales Price$3,800,000
  • Zoning LARD1.5

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