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$ 3,380,000
$ 3,699,000 8.6%
Est. payment | /mo
16 Beds
17 Baths
11,428 SqFt
$ 3,380,000
$ 3,699,000 8.6%
Est. payment | /mo
16 Beds
17 Baths
11,428 SqFt
Key Details
Sold Price $3,380,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 11,428 sqft
Price per Sqft $295
MLS Listing ID 25505227
Bedrooms 16
Year Built 1964
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. 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. One vacant unit provides an 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 Nho - North Hollywood
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile, Vinyl
Fireplaces Type None
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Covered, Carport
Pool Fenced, In Ground
Community Features Gated
Roof Type Composition
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
Listed by Gina Isaac Nourmand & Associates-HW
Bought with Keith Brennan Brennen Realty
Bought with Keith Brennan Brennen Realty