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10836 Otsego ST North Hollywood, CA 91601
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Key Details
Sold Price $755,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB18256674
Sold Date 12/06/18
HOA Y/N No
Year Built 1934
Annual Tax Amount $8,970
Lot Size 5,227 Sqft
Acres 0.12
Property Description
10836 Otsego St is a charming duplex in the highly desirable neighborhood of Toluca Lake Adjacent. Sandwiched between upscale Toluca Lake and the trendy NoHo Arts District, this property’s location offers a balance between residential peace & quiet and exciting city hustle & bustle.
10836 Otsego boasts a phenomenal cap rate of 4.34%. One of the units will be delivered vacant at close of escrow, which provides the opportunity to either owner occupy immediately or obtain market rents on day one.
The property is made up of two freestanding homes, one 2 bedroom, 1 bathroom and one 1 bedroom, 1 bathroom. The front house features: a large front yard, a private back patio, a laundry room with washer and dryer, an updated kitchen with granite countertops and lovely white cabinetry, a separate dining room, a gorgeous renovated bathroom, central air and heat, hardwood floors, and a working gas fireplace. The back house features: a gated front patio, an enormous private rear patio with a large wood deck, a washer and dryer, an updated kitchen, hardwood floors, a renovated bathroom, a ductless split HVAC system, and an office/den.
Both of these units are magnets for quality tenants. The private patios in particular make this property incredibly desirable. These are quick, easy rentals!
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LARD1.5
Rooms
Ensuite Laundry Inside
Interior
Interior Features Granite Counters, Storage
Laundry Location Inside
Heating Central, See Remarks
Cooling Central Air, See Remarks
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Carport Spaces 2
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Garden, Landscaped, Level, Near Public Transit, Value In Land, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Patio Home
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2419006021
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Eli Shtrum • LS Capital, Inc.