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Listed price in listed location currency (USD).
$8,450,000

434239

MLS® 26662269

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 34713 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1970
Avg. Price Per Sqft $243
MLS® Number 26662269

Property Address: 12325 Chandler Blvd, Valley Village, CA, 91607-4308

Average square foot calculated using Size range provided by listing agent.

Description

Sitting on a large corner lot along one of the San Fernando Valley's major thoroughfares, the property offers investors both strong immediate cash flow and a blueprint to substantially improve profits. Available at an attractive 5.78% CAP Rate and 10.30 GRM, the building currently includes a RUBS program that only collects from approximately half of the units. Over time, this program could be expanded and, along with organic rent increases, could provide for dramatically increased revenue. All seismic retrofit repairs have already been completed by the current owner (Buyer to verify), saving a new owner from an otherwise costly expense. A new roof and new exterior paint have been added in recent years, while approximately half of the apartments have been remodeled as well. The building features a new fitness center, a swimming pool, and a furnished lobby, while individual units contain fireplaces, balconies, and central air/heat. On-site laundry rooms on each floor generate significant additional income for the property. Situated on the corner of Chandler Boulevard and Corteen Place, the building offers tenants convenient access to the Orange Line Busway, and by extension, the Metro Red Line. The high-end shopping and dining options within the neighboring cities of Studio City, Sherman Oaks, Toluca Lake, and the NoHo Arts District are all easily accessible to residents, while destinations along famed Ventura Boulevard are less than three miles away. Commutes to the rest of the Los Angeles Metro area can be made via the nearby 101, 405, 134, and 170 Freeways.
MLS® Number26662269
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories4
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 10, 2026List Date
$8,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
12325 Chandler Blvd, Valley Village, CA

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