11259 OTSEGO ST North Hollywood, CA 91601

Estancia Apartments is an eight-unit property located in the heart of the NoHo Arts District. The Arts District is an area of the San Fernando Valley that is undergoing rapid growth and urbanization as dozens of development projects are currently underway or in planning stages. This will increase the density, bringing new retail and entertainment options, and transform this once sleepy bedroom community into a vibrant city-like community with walkable streets, and improved services surrounding major transit hubs. Located at 11259 Otsego Street, Estancia Apartments was built in 1950 and painstakingly restored in 2018, maintaining the architectural charm of the exterior while bringing the unit interiors into the 21st century. The property features a unit mix of all one-bedroom and one-bath units that have an average living area of approx. 665 square feet and include individual water heaters. Six of the eight-units were comprehensively restored in 2018 with significant effort made