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.
Property Type
Residential IncomeCounty
Los AngelesStyle
TraditionalAD ID
48843108
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 16
Bathroom Information
- Total Baths: 17
- Full Baths: 0
- Half Baths: 0
Interior Features
- Roof : Composition
- Interior Features: Ceiling Fan(s)
- Property Appliances: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Range,Refrigerator
- Fireplace: None
- Flooring: Carpet,Laminate,Tile,Vinyl
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 11,428
- Construction: Stucco
- Roof: Composition
Security Features
- Gated Community
Pool Features
- Fenced,In Ground
Laundry Features
- Common Area,Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2884
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 12561
-
Listing Information
Listing Price Information
- Original List Price: 3,800,000
- Listing Contract Date: 2025-03-04
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2419007026
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Covered,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: NHO - North Hollywood
- Directions: West of Cahuenga, East of Vineland, North Camarillo, South of Magnolia
- Zoning: LARD1.5
- Source Property Type: Residential Income
- Area: NHO - North Hollywood
Building and Construction
- Property Age: 61
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 11428
- Levels or Stories: Two,Multi/Split
- Building Total Stories: 2
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BuyOwner last updated this listing 04/07/2025 @ 03:26
- MLS: 25505227
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 16 bedrooms which is for sale, it has 11,428 sqft, 12,561 sized lot, and 0 parking. are nearby neighborhoods.