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11689 Chandler Blvd North Hollywood, CA 91601
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Key Details
Sold Price $1,150,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,178 sqft
Price per Sqft $222
MLS Listing ID 24-342927
Sold Date 02/29/24
Bedrooms 12
Year Built 1953
Lot Size 6,513 Sqft
Acres 0.1495
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 Valley Village
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall, Forced Air
Cooling Wall/Window, Window Unit(s), Air Conditioning
Equipment Refrigerator, Range/Oven, Garbage Disposal, Dishwasher
Laundry Community, Laundry Area
Exterior
Parking Features Carport, Side By Side
Garage Spaces 6.0
Pool None
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Marcus & Millichap