12264 Chandler Blvd

Valley Village, CA 91607 View Map $2,495,000 Schedule a Tour
Beds9
Baths9
Sq.Ft.6,442
Year1974
Schedule a Tour
Tara Burns

Tara Burns

(646) 703-3674
 
ASAP
Fri
2
Dec
Sat
3
Dec
Sun
4
Dec
Mon
5
Dec
Tue
6
Dec
Wed
7
Dec
Thu
8
Dec
Choose Your Date -- It's Free, Cancel Anytime
Status: Active
Property Type:Residential Income
MLS #:22-201905
Sq. Feet:6,442
On Site:67 Days
Lot Size:0.17 Acres
County:Los Angeles
The largest RSO 4 Unit on the market, 12264 Chandler boasts a Gross Rentable Area of 6,442sf and is being offered on the market for the first time by the owner/operator. PRIME Valley Village location, in a peaceful neighborhood right off Chandler and the Metro Orange G-Line, a quiet, energy-efficient bus terminal that runs East/West from Chatsworth and Canoga Park to North Hollywood. Asset holds an unbeatable unit mix of 3 large (2+2) units and a sizable 3+3 Owner's unit (to be delivered vacant). Owner's Unit has dedicated dining space, 3 full baths, a screened-in patio, office space, and is an extremely roomy 2,500sf. The remaining 2+2 units are spacious as well, each with roughly 1,200sf of rentable space. 9 parking spaces, 5 covered. Valley Village is one of the more coveted neighborhoods in the San Fernando Valley, with strong tenant demographics and competitive rental rates which are still on the rise. Developmental improvements are starting to spot the nearby area given the neighborhood's Transit Oriented Community (TOC) status. TOC's are designated areas in close proximity to a major transportation hub. The distance to which any given building is to a major hub is represented by 4 Tiers, each tier having its own incentives and provisions laid out by the city, Tier 4 being the most favorable. 12264 Chandler lies in a Tier 3 TOC neighborhood that brings its own bonus density and eased parking restriction incentives. There is a potential for the new owner to eventually build 17 new units on the lot. Buyer to verify all developmental aspects, and all other information. 25% Rental Upside remaining among current rents.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:12264 Chandler Blvd Valley Village, CA 91607
Zip Code:91607

Architecture

Bedrooms: 9
Bathrooms: 9
Year Built:1974
Stories:2
Number of Buildings: 1
Unit 1: 1 Unit•3 Beds•3 Baths•$43,800 actual rent•$3,650 total rent•$3,650 pro forma
Unit 2: 1 Unit•2 Beds•2 Baths•$31,200 actual rent•$2,600 total rent•$3,200 pro forma
Unit 3: 1 Unit•2 Beds•2 Baths•$29,100 actual rent•$2,425 total rent•$3,200 pro forma
Unit 4: 1 Unit•2 Beds•2 Baths•$22,800 actual rent•$1,900 total rent•$3,200 pro forma
Parking Features: Covered Parking
Parking Total: 9

Features / Amenities

Cooling: Air Conditioning
Heating: Central

Property Features

Lot Size: 0.17 Acres
Lot Dimensions:67 x 110
Lot Size SqFt: 7397
Zoning:LAR3
Directions:West from Laurel Canyon Blvd and the 170. East of Whitsett Ave. North of 101. Southside on Chandler Blvd (eastbound).

Tax and Financial Info

Cap Rate: 3.24
Actual Annual Gross Rent: $16,900
Total Annual Expense: $42,212
Gross Income: $126,900
Gross Operating Income: $123,093
Net Operating Income: $80,880

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

12264 Chandler Blvd Valley Village, CA 91607
GO SEE THIS LISTING
12264 Chandler Blvd Valley Village, CA 91607
 
ASAP
Fri
2
Dec
Sat
3
Dec
Sun
4
Dec
Mon
5
Dec
Tue
6
Dec
Wed
7
Dec
Thu
8
Dec
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions
Listing Information Last Updated 12/1/2022
Listing provided courtesy of RE/MAX One.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Compass are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 12264 Chandler Blvd Valley Village, CA 91607 with the MLS Number 22-201905 is currently listed at $2,495,000 and has been on the Valley Village market for 66 days.

GeoCoordinates:
-118.400761
34.168132

List Price: $2,495,000

You are viewing the MLS property details of the home for sale at 12264 Chandler Blvd Valley Village, CA 91607, which includes 9 bedrooms, 9 bathrooms and has approximately 6442 sq.ft. of living area.