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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,178 sqft
Price per Sqft $222
MLS Listing ID 24342927
Sold Date 02/29/24
Bedrooms 12
HOA Y/N No
Year Built 1953
Lot Size 6,512 Sqft
Property Description
We are pleased to present 11689 Chandler Blvd, a 6-unit apartment building located in North Hollywood, CA, steps away from Valley Village. Built in 1953, the property boasts six (6) two bedroom- one bathroom units, perfectly fit for tenants who prefer to work from home, roommates, or even small families. The building is 5,178 square feet and sits on a 6,511 square foot lot. In the back of the property there are carports totaling six parking spots, along with a laundry room. The laundry room presents a prime opportunity for an ADU conversion, adding to the unique upside potential (Buyer to verify). The subject property is located in an incredibly convenient area of the San Fernando Valley. The location provides easy walkability to the North Hollywood Metro Station, many places of worship, and the new NoHo West mixed-use development, which features a Trader Joe's, Nordstrom Rack, Regal Cinema, LA Fitness, and several other shops and restaurants. With close proximity to the 101 and 170 freeways, 11689 Chandler Blvd, can also offer residents connectivity to the rest of Los Angeles. 11689 Chandler Blvd represents a unique value-add opportunity for investors due to the property's location, immense upside, and possibility for ADUs. The apartment is priced at $208,333 per unit, and $241.41 per square foot in one of the most development dense and fastest growing pockets of Los Angeles.
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Zoning LAR3
Interior
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator
Laundry Common Area
Exterior
Parking Features Carport, Side By Side
Carport Spaces 6
Pool None
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2348001023
Special Listing Condition Standard
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Bought with Gregory Shindler • Marcus & Millichap
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960