NOT LISTED FOR SALE

10900 Otsego St North Hollywood, CA 91601

North Hollywood Neighborhood

Estimated Value: $1,382,000 - $1,504,940

3 Beds
5 Baths
3,710 Sq Ft
$389/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $930,000 $251 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,959/month

46 Days on Market

About This Home

As of August 2017

What a location and price. This two building a one lot income property is located in W/Toluca Lake and close to Noho street and All Media . Four units are all 1br+1ba and one unit is single and 4 car garage. This property have two legal address 10900-10902 Otsego st and 5035-5039 Cleon Ave. The current rent is extremely low . Potential/potential. property will sell as is condition

Last Agent to Sell the Property

Tom Kwak

Ramsey Shilling Associates License #01084158 Listed on: 06/23/2017

Last Buyer's Agent

Tom Kwak

Ramsey Shilling Associates License #01084158 Listed on: 06/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,305

Year Built

  • Built in 1949

Lot Details

  • 6,068 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 2419003031

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,305

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 2419003031
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Levels: One

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6068.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lot Size Area: 6068.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Jul 5, 2017
Sold by
10900 Otsego Llc
Bought by
Sauer Timothy J and Sauer Constance J
Seller's Agent
Tom Kwak
Ramsey Shilling Associates
Buyer's Agent
Tom Kwak
Ramsey Shilling Associates
List Price
$948,500
Sold Price
$930,000
Premium/Discount to List
-$18,500
-1.95%
Current Estimated Value
$1,443,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,470
Avg. Annual Appreciation
5.64%
Original Mortgage
$500,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 12, 2012
Closed on
May 10, 2012
Sold by
Marti Shelley Craig and Marti Shelley
Bought by
10900 Otsego Llc
Seller's Agent
Ewa Shilling
No Firm Affiliation
Buyer's Agent
Tom Kwak
Ramsey-Shilling Assoc.
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%

Purchase Details

Closed on
Sep 30, 2010
Sold by
Shelley Craig S and Long Lynn E
Bought by
Marti Shelley Craig and Marti Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.28%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sauer Timothy J $930,000 Chicago Title
10900 Otsego Llc $500,000 Priority Title
Marti Shelley Craig -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sauer Timothy J $500,000
Previous Owner Shelley Craig $95,000
Previous Owner Marti Shelley Craig $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2017 08/25/17 Sold $930,000 -2.0% $251 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $948,500 +89.7% $256 / Sq Ft
06/04/2012 06/04/12 Sold $500,000 -- $135 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,305 $1,058,177 $796,478 $261,699
2024 $13,305 $1,037,429 $780,861 $256,568
2023 $13,058 $1,017,088 $765,550 $251,538
2022 $12,473 $997,146 $750,540 $246,606
2021 $12,321 $977,595 $735,824 $241,771
2019 $11,979 $952,150 $714,000 $238,150
2018 $11,911 $933,550 $700,000 $233,550
2016 $7,023 $530,516 $307,699 $222,817
2015 $6,929 $522,549 $303,078 $219,471
2014 $6,982 $512,314 $297,142 $215,172
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tom Kwak

    Ramsey Shilling Associates

    (818) 763-5162

    73 Total Sales

    Tom Kwak
    Section Image

  • E

    Seller's Agent in 2012

    Ewa Shilling

    No Firm Affiliation

  • R

    Seller Co-Listing Agent in 2012

    Richard Shilling

    No Firm Affiliation

See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817000376

Pasadena-Foothills Association of REALTORS®

APN: 2419-003-031

California Los Angeles County North Hollywood 91601 North Hollywood

10900 Otsego St, North Hollywood, CA

This home is located at 10900 Otsego St, North Hollywood, CA 91601 since 23 June 2017 and is currently estimated at $1,443,470, approximately $389 per square foot. This property was built in 1949. 10900 Otsego St is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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