11254 OTSEGO ST North Hollywood, CA 91601

Excellent Multi Family Development Opportunity in the amazing NoHo Arts District. Prime location, 29 units as per city can be built. Any potential use of the subject land are the sole responsibility of the buyer to investigate and verify with various city departments. Zoned R-4. Total land area is 11,748 SF. This is a combined sale of 3APN#'s 2353013002 (11254 Otsego), 2353013001 (11258 Otsego), 2353001008 (11258 1/2 Otsego). Sold for Land Value only.The 3 lots are in direct path of major development. Trendy area w/multiple coffee houses, tons of eateries, new movie theaters, live theaters, dance studios, gyms, creative office space, subway. Academy of TV Arts & Sciences, great walking park, library. 95 Walk Score. Right in the wave of the future to live in urban setting and walk to everything. New 134 unit being built 1 block away. New 300 unit complex being built 1 1/ 2 blcks away. High area rent. Drive by only. Interior showing with accepted offer.