12
See all 12 photos
$5,495,000
Est. payment /mo
21,994 SqFt
Pending
11860 Chandler Blvd Boulevard Valley Village, CA 91607
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UPDATED:
12/13/2024 02:38 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 21,994 sqft
Price per Sqft $249
MLS Listing ID CRCV24227936
HOA Y/N No
Year Built 1960
Lot Size 0.586 Acres
Acres 0.59
Property Description
NEW PRICE! Introducing a compelling investment opportunity in the highly sought after rental community of Valley Village: A 24-unit multi-family complex that exemplifies both quality and potential. The subject property boasts large living spaces with an average unit size of 915 square feet, for a total rentable square footage of 21,994 square feet, on a 25,500 square foot lot. The diverse unit mix includes one 2-Bedroom/2-Bathroom unit with a Den, four 2-Bedroom/1-Bathroom units, one 1-Bedroom/1-Bathroom unit with a Den, and eighteen 1-Bedroom/1-Bathroom units. Each apartment is individually metered for electricity and gas, facilitating easier utility management and cost distribution. Significant capital investments have been made to enhance the property's value and tenant experience. Recent improvements include; a newer roof with an additional layer of sealant applied in 2021, a resealed driveway, a modern solar hot water heating system, new electric sub panels installed in 2023, completion of soft story retrofitting in 2017, a replastered pool in 2010, and a new security entry system installed in 2020. Additionally, the property features copper plumbing throughout, ensuring durability and reduced maintenance concerns. Amenities such as an onsite laundry facility and gated priva
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 2348012034
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Listed by Kristopher German • RE/MAX 2000 REALTY
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289