$8,995,000
-$1,000,00011231 Otsego Street, North Hollywood CA 91601
Multi-Family (44 Units)
Property type
101 days
On market
$280
Price per sqft
N/A
Garage
1974
Year built
20,557 sqft
Lot size
Open Houses
Overview
11231 Otsego Street is a well-maintained 44-unit apartment community located in the heart of North Hollywood, one of the San Fernando Valley's most dynamic rental submarkets. The property features a highly desirable and balanced unit mix consisting of 2 studio units, 21 one-bedroom units, and 21 two-bedroom units, catering to a broad tenant base that includes young...
Listing provided by: Daniel Withers DRE #01325901 818-923-6107, Matthews Real Estate Investment Services, Jeffrey Louks DRE #00908473 818-212-2780, Marcus & Millichap
Listing updated: Jun 1, 2026 at 09:23pm.
Last checked: Jun 5, 2026 at 12:30pm
Source: CRMLS #26655987
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 21 | 1 | 1 | — | $1,765 | $37,057 | $37,057 | Unfurnished |
| 1 | 1 | 1 | — | $2,100 | $2,100 | $2,100 | Unfurnished |
| 2 | 2 | 2 | — | $1,307 | $2,613 | $2,613 | Unfurnished |
| 20 | 2 | 1 | — | $2,015 | $40,367 | $40,367 | Unfurnished |
# of Buildings: 1
# of Units Total: 44
Financial Snapshot
Gross Rent Multiplier
9.1x
List Price / Annual Gross Rent
Cap Rate
5.73%
NOI / List Price
Net Operating Income: $515,027
Interior
Entry Location: Elevator
Exterior
Stories Total: 0
Levels: Multi Split
Garage and Parking
Parking Total: 60
Lot Information
Land Lease: No
Parcel #: 2353004026
Zoning: LAC4
Lot Size Dimensions: 137x150
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 11231 Otsego Street, North Hollywood, CA 91601. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$7,196,000
Total Interest
$9,178,101
Total Payment
$16,374,101
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$55,003
per month
Property History for 11231 Otsego Street
North Hollywood Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91601.
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