11689 Chandler, Valley Village, CA 91601
11689 Chandler, Valley Village, CA 91601
11689 Chandler, Valley Village, CA 91601
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$2,300,000
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6,512 Sqft Lot
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11689 Chandler Valley Village, CA 91601

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26229738

Construction Status Turnkey

HOA Y/N No

Year Built 1953

Lot Size 6,512 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area Vvl - Valley Village

Interior

Interior Features Open Floorplan, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Carport Spaces 6

Fence Excellent Condition

Pool None

Community Features Dog Park, Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped, Level, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 2348001023

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard


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Listed by Cheyenne Womack Myunits.com Inc. 805-973-7470, DRE #02064825

NEARBY SCHOOL & BUSINESS

Robert Cedeno
Robert Cedeno

CEO License ID: 02031052

+1(626) 283-7800 | robertcedeno52@gmail.com

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11689 Chandler