Opportunity is the name of the game at 10903 Otsego Street so investors, read on! At 6224 square feet, this corner lot is zoned LAR3 and offers the potential for the construction of up to five single-family residences. The opportunities are endless -- multi-story structures with modern design, outdoor space, off-street parking... everything today's buyer is looking for in a quickly evolving market. The lot is located in North Hollywood, minutes to the Metro station and close to the North Hollywood Arts District. As a neighborhood, North Hollywood is drawing lots of attention and quickly becoming one of the most exciting developing areas in Los Angeles; restaurants upon restaurants, unique bars and community theaters are drawing interest from buyers of all types. Zoned R-3, this corner lot currently has two units. Front unit is a cozy two-bedroom, one upgraded bath. The back unit is a nicely upgraded upper two-bedroom, one-bath unit with potential downstairs third bedroom currently being used as a recording studio as well as half bathroom on the lower level. Developers and investors looking to expand their portfolios or even an end-user looking for a duplex will undoubtedly benefit from this exciting opportunity in an up-and-coming area; jump on this chance by reaching out for more information today.
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Heating
None, Other
Appliances
Laundry: Common Area
Features
Flooring: Other
Has fireplace: Yes
Fireplace features: Family Room
Common walls with other units/homes: No Common Walls
Interior area
Total interior livable area: 1,996 sqft
Property
Parking
Total spaces: 3
Parking features: Garage - Attached
Features
Levels: Two, One
Exterior features: Other
Lot
Size: 6,224 Square Feet
Features: Corner Lot
Details
Parcel number: 2419002017
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: Conventional
Property subtype: Duplex
Materials
Roof: Other
Condition
Year built: 1925
Utilities & green energy
Sewer: Unknown, Public Sewer
Water: Public
Community & HOA
Location
Region: North Hollywood
Financial & listing details
Price per square foot: $644/sqft
Tax assessed value: $1,067,733
Annual tax amount: $13,077
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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