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Listed by Stefan Doomanis, DRE #01969643 • Coldwell Banker Envision
$ 2,225,000
Est. payment /mo
New
11259 Otsego ST North Hollywood, CA 91601
6,896 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26227688
Year Built 1950
Lot Size 6,896 Sqft
Source California Regional MLS
Property Description
Located in the heart of the NoHo Arts District, Estancia Apartments is a gated, fully occupied eight-unit property, with each residence offering one bedroom and one bath. The building retains much of its original charm, while seven of the eight units have been updated. Unit 1 features central HVAC, and an on-site laundry room adds convenience for residents. Within the past year, the property has benefited from a new roof and electrical work, central HVAC in Unit 1, a raised railing, a security gate, a new carport roof and carport repairs, added property lighting, painted ironwork, filled driveway cracks, and repaired exterior columns. With some rents below market, the property offers potential rental upside over time, subject to existing leases and applicable requirements. The NoHo Arts District is known for its theaters, galleries, dance studios, restaurants, cafés, and specialty shops. The property is near the North Hollywood Metro Station, served by the B and G Lines, with convenient access to the 170 and 101 freeways.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Heating Forced Air
Cooling Window / Wall Unit
Laundry In Laundry Room
Exterior
Parking Features Carport
Garage Spaces 5.0
Pool 31, None
View None
Building
Water District - Public
Others
Tax ID 2353003018
Special Listing Condition Not Applicable
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