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909-224-5786
Realty One Group West
11259 Otsego Street, North Hollywood, CA 91601
- $2,225,000
- List Price
- $2,225,000
- Status
- ACTIVE
- MLS#
- BB26227688
- Year Built
- 1950
- Lot Size
- 6,896
- Acres
- 0.16
- Lot Location
- Sprinklers In Front, Near Public Transit
- Days on Market
- 5
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
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.
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Additional Information
- Pool Description
- None
- Heat
- Forced Air
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Copper Plumbing
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony
- Attached Structure
- Attached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $13,575
- Operating Expense
- 67608
Listing courtesy of Listing Agent: Stefan Doomanis (sdoomanis@gmail.com) from Listing Office: Coldwell Banker Envision.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.