Sold
12207 CHANDLER
Valley Village CA, 91607
$3,040,000
$365.03 per sqft
Sold
12 Beds
8,328 sqft
Residential
Built in 1979
We are pleased to present 12207 Chandler Boulevard, a 10-unit non-rent control multifamily property in sought-after Valley Village within the San Fernando Valley. Constructed in 1979, the property is both exempt from Los Angeles rent control and is not on the Los Angeles Department of Building & Safety's soft story retrofit list, which significantly reduces a new investor's deferred maintenance costs. The building has been well-maintained, yet the opportunity still exists for a new owner to introduce interior upgrades that could help improve cash flow as rents move in line with similarly renovated units in the immediate area.Several property features help to limit the owner's expenses and attract new tenants, including the building's full copper plumbing, two tankless water heaters, central air/heat system, and separately metered utilities. Select units have fireplaces, long balconies, recessed lighting, wood flooring, and/or large walk-in closets.
18323348
MLSⓇ ID
February 16, 2024
Updated
Map
12207 CHANDLER
Valley Village CA, 91607
Interior Features
Total Stories
2
Bedrooms
12
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
VVL - Valley Village
Days on Market
158
Garage
No
Parking
Underground
Parking Total
16
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by Roderick 'Rick' Raymundo, Marcus & Millichap, CA DRE 01357019
Listing Contact: 213-943-1855
Based on information from the CRISNet MLS as of 2/16/2024, 3:44 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being 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.
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