10803 Otsego Street, North Hollywood, CA 91601 - Berkshire Hathaway HomeServices California Properties
10803 Otsego Street North Hollywood, CA 91601
$3,800,000 16 beds, 17 baths
11, 428 sqft

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25505227
List price is $3,800,000
Beds: 16
Baths: 17
None fireplaces
Built in 1964
11,428 sqft
2 stories
0.29 acres
Lot size: 0.2884
County: Los Angeles
Property style: Traditional
Zoning: LARD1.5
Construction: Stucco
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Gas Cooktop,Disposal,Gas Oven,Range,Refrigerator
Parking description: Assigned,Covered,Carport
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: NHO - North Hollywood

Last Updated: 4/16/2025

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This listing belongs to the NHO - North Hollywood MLS area

The style of this listing is Traditional.
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Lat/Long: 34.162906, -118.366146.
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Listing Agent: Gina Isaac
Co Listing Agent: Christopher Furstenberg
Lic#: 01234982
Office Name: Mission Viejo

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