1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

11231 Otsego St
North Hollywood, CA 91601

$9,995,000 USD

Apartments For Sale  •  32,150 SF

Property Details

• Property Type Apartments
• Total Building Size 32,150 SF
• Lot Size 0.43 AC
• Building Class B
• Year Built 1974
• Cap Rate 5.66 %
• Zoning LAC4

60 Transit Score

70 Walk Score

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.

Cap Rate:

5.66 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Five Star Luxe

Amenities

• Air Conditioning
• Cable Ready
• Heating
• Laundry Service
• Refrigerator
• Oven
• Range
• Carpet

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	3.5 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.2 mi
Transit/Subway	Drive	Walk	Distance
North Hollywood Station (Orange Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	9 min	0.4 mi
Airport	Drive	Walk	Distance
Bob Hope	8 min	-	3.6 mi
Los Angeles International	34 min	-	23.8 mi
Long Beach (Daugherty Field)	48 min	-	34.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	45
Type:	Surface
Included in Rent:	Yes