11231 Otsego St - Apartments FOR SALE


North Hollywood, CA 91601
$9,995,000 USD
310-365-5054
11231 Otsego St, North Hollywood, CA for Sale
$9,995,000 USD
Apartments - FOR SALE
1/4
null | 5.66% Cap Rate

11231 Otsego St
North Hollywood, CA 91601


HIGHLIGHTS

  • 44-unit multifamily community with exclusive townhouse and loft-style residences in North Hollywood.
  • Private balconies, individual AC, and in-unit amenities appeal to a broad tenant base.
  • Individually metered gas and electricity for efficient expense control and streamlined management.
  • 60 on-site parking spaces, laundry facilities, and trash chutes on each floor for resident convenience.
  • Prime location near NoHo Arts District, retail, dining, and Metro transit for strong rental demand.
  • Well-maintained property positioned for stable cash flow and future rent growth.

OVERVIEW

David Harrington Matthews Real Estate Investment Services, Inc License # 02168060, 01320460 (CA) 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

44

PRICE/UNIT

$227,159

CAP RATE

5.66%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Las Casitas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

LAC4

APN/PARCEL ID

2353-004-026

ASK ABOUT THIS PROPERTY

Daniel WithersMatthews Real Estate Investment ServicesMore Info
310-365-5054

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Daniel WithersMatthews Real Estate Investment ServicesMore Info
310-365-5054

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.