$ 2,300,000
-
$2,300,000
Price -
12
Bed -
6
Bath -
5,184
SqFt -
0.15
Acre
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About the Listing BH5345657 - BB42064,BB42774
11689 Chandler Blvd is a beautifully renovated 6-unit multifamily property in the heart of North Hollywood, just minutes from the NoHo Arts District, major studios, popular dining, and entertainment. Offered at $2,300,000 with a strong 6.11% cap rate and approximately $189,420 in annual gross rental income, this fully leased, turnkey investment offers exceptional tenant retention, extensive capital improvements, and future ADU development potential. Each of the six spacious 2-bedroom residences (837–888 SF) has been completely remodeled with premium designer finishes, modern fixtures, updated kitchens and bathrooms, stainless steel appliances, central HVAC, and in-unit laundry. Renovated with long-term ownership in mind, the sellers went well beyond cosmetic improvements, replacing plumbing and sewer lines, upgrading electrical systems and panels, and completing significant exterior enhancements. The six existing carport spaces also offer potential for additional ADU development and future rental income (buyer to verify). Boasting exceptional tenant retention and historically minimal vacancy, the property experienced approximately two years with zero vacancy following initial lease-up, with five of the original six tenants still in place and the only subsequent vacancy filled within one month. Combining extensive renovations, strong in-place cash flow, and a prime North Hollywood location, 11689 Chandler presents an outstanding turnkey investment with long-term upside.
Listing Highlights for 11689 Chandler
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full
- Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Air Cond: Central Air
- Heating: Central
- Fireplaces:
- Floor: Tile,Vinyl
- Basement:
- Other: Open Floorplan,Recessed Lighting
- Water: Public
Exterior Details
- Lot Description: Landscaped,Level,Street Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof:
- Others: Turnkey,2+ Total Units,Has ADU
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2348001023
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
11689 Chandler Valley Village, CA 91601
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