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Estancia Apartments 11259 Otsego St

8 Unit Apartment Building $2,500,000 ($312,500/Unit) 4.55% Cap Rate North Hollywood, CA 91601

Apartment Buildings California North Hollywood 11259 Otsego St, North Hollywood, CA 91601

Investment Highlights

  • NoHo Arts District

Executive Summary

NoHo Arts District 8 units all 1 bedroom + 1 bath.

Attachments

OM - 11259 Otsego St

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $2,500,000 Apartment Style Low Rise
Price Per Unit $312,500 Building Class C
Sale Type Investment Lot Size 0.16 AC
Cap Rate 4.55% Building Size 5,327 SF
Sale Conditions 1031 Exchange Average Occupancy 100%
No. Units 8 No. Stories 2
Property Type Multifamily Year Built 1950
Property Subtype
Apartment
  • Multifamily Dormitory
 Parking Ratio 1.13/1,000 SF
Price $2,500,000
Price Per Unit $312,500
Sale Type Investment
Cap Rate 4.55%
Sale Conditions 1031 Exchange
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,327 SF
Average Occupancy 100%
No. Stories 2
Year Built 1950
Parking Ratio 1.13/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 665
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Walk Score ®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 2353-003-018 Improvements Assessment $656,186 (2024)
Land Assessment $1,203,008 (2024) Total Assessment $1,859,194 (2024)

PROPERTY TAXES

Parcel Number
2353-003-018
Land Assessment
$1,203,008 (2024)
Improvements Assessment
$656,186 (2024)
Total Assessment
$1,859,194 (2024)

zoning

Zoning Code LAR4
LAR4
(310) 367-7611

Contact

  • Listing ID: 32642191

  • Date on Market: 1/12/2024

  • Last Updated:

  • Address: 11259 Otsego St, North Hollywood, CA 91601

More public record information on 11259 Otsego St, North Hollywood, CA 91601

The Multifamily Property at 11259 Otsego St, North Hollywood, CA 91601 is currently available for sale. Contact Marcus & Millichap for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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Estancia Apartments | 11259 Otsego St
(310) 367-7611 x

Estancia Apartments | 11259 Otsego St

Gil Corber

(310) 367-7611

(310) 367-7611

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