North Hollywood, CA 91601,11254 OTSEGO ST
$1,700,000
$1,850,000
8.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

11254 OTSEGO ST North Hollywood, CA 91601

Est. payment /mo
SOLD DATE : 04/23/2013

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 13655893

Year Built 1918

Property Description

Excellent Multi Family Development Opportunity in the amazing NoHo Arts District. Prime location, 29 units as per city can be built. Any potential use of the subject land are the sole responsibility of the buyer to investigate and verify with various city departments. Zoned R-4. Total land area is 11,748 SF. This is a combined sale of 3APN#'s 2353013002 (11254 Otsego), 2353013001 (11258 Otsego), 2353001008 (11258 1/2 Otsego). Sold for Land Value only.The 3 lots are in direct path of major development. Trendy area w/multiple coffee houses, tons of eateries, new movie theaters, live theaters, dance studios, gyms, creative office space, subway. Academy of TV Arts & Sciences, great walking park, library. 95 Walk Score. Right in the wave of the future to live in urban setting and walk to everything. New 134 unit being built 1 block away. New 300 unit complex being built 1 1/ 2 blcks away. High area rent. Drive by only. Interior showing with accepted offer.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR4

Building

Story 1

Others

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Kathleen Smith • Rodeo Realty
Bought with Adi Harari • Adi Harari

GET MORE INFORMATION

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Mortgage Calculator

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.