North Hollywood, CA 91601,11254 OTSEGO ST

$1,700,000

$1,850,000

8.1%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 04/23/2013

Key Details

Sold Price $1,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 13655893

Sold Date 04/23/13

HOA Y/N No

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

Interior

Fireplace No

Building

Story 1

Others

Senior Community No

Tax ID 2353013002

Special Listing Condition Standard

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

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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