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    11600 Chandler Boulevard

    North Hollywood, CA 91601
    • $1,648,000
    • STATUS: Active
    • ON SITE: 121 days
    • ID#: AR20128066
    UPDATED: 219 min ago
    $1,648,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,655
      SQFT
    • $291
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    We are proud to offer this well maintained 5-Unit, multi-family investment property positioned in the desirable neighborhood of North Hollywood on the border of Valley Village, Studio City, and Toluca Lake. Walking distance to local hot spots such as NoHo Arts District, Valley Village Park, North Hollywood High, Colfax Elementary, Oakwood School, and Metro Orange Line Busway. Minutes away from Universal and Warner Studios as well as the main attractions/dining spots of Ventura Blvd. The current owner has spent over $60k to complete a seismic retrofit of garage spaces and over $40k in recent repairs/upgrades such as new kitchen, new interior paint (three units), two new AC's, new floors, new shower door, copper plumbing, new main water line, new drainage line, approx. 3 year old roof, new water heater, recently re-surfaced pool, and new Jacuzzi equipment. This property has a unique set up with a huge pool home on a quiet cul-de-sac on Lemp Ave. and 4 very spacious units (2 town home style) which include private patios on Chandler Blvd. All units have central air & heat, lots of parking spaces, and a common laundry room available for tenant+GGs convenience. New automatic gate, camera system, and fencing around the property have been installed to provide more privacy and security for the tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-31T00:32:35.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/107415494
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    11600 Chandler Boulevard North Hollywood, CA 91601

    • Price: $1,648,000
    • Status: Active
    • Updated: 219 min ago
    • ID#: AR20128066
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    5,655
    SQFT
    $291
    $/SQFT
    1975
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    We are proud to offer this well maintained 5-Unit, multi-family investment property positioned in the desirable neighborhood of North Hollywood on the border of Valley Village, Studio City, and Toluca Lake. Walking distance to local hot spots such as NoHo Arts District, Valley Village Park, North Hollywood High, Colfax Elementary, Oakwood School, and Metro Orange Line Busway. Minutes away from Universal and Warner Studios as well as the main attractions/dining spots of Ventura Blvd. The current owner has spent over $60k to complete a seismic retrofit of garage spaces and over $40k in recent repairs/upgrades such as new kitchen, new interior paint (three units), two new AC's, new floors, new shower door, copper plumbing, new main water line, new drainage line, approx. 3 year old roof, new water heater, recently re-surfaced pool, and new Jacuzzi equipment. This property has a unique set up with a huge pool home on a quiet cul-de-sac on Lemp Ave. and 4 very spacious units (2 town home style) which include private patios on Chandler Blvd. All units have central air & heat, lots of parking spaces, and a common laundry room available for tenant+GGs convenience. New automatic gate, camera system, and fencing around the property have been installed to provide more privacy and security for the tenants.
    Exterior Features

    Architectural Style Traditional Garage Spaces 9.00 Lot Features Park Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Features Community StructureDrivewayConcreteGarage - Two Door Parking Total 9.00 Parking YN Yes Pool Features CommunityIn Ground Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features In Ground Spa YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring Laminate Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(S) Laundry Features In Garage Levels Two Room Type Master Bedroom

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.60 Community Features Street Lights Country Us Current Financing Conventional Electric Expense 2300.00 Elevation Units Feet Gardener Expense 300.00 Gross Income 137040.00 Gross Scheduled Income 137040.00 Insurance Expense 5400.00 Land Lease YN No Laundry YN Yes Lot Dimensions Source Assessor Maintenance Expense 2200.00 Net Operating Income 95228.00 New Construction YN No New Taxes Expense 21237.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 2 Operating Expense 41812.00 Other Expense 500.00 Other Expense Description Pest C. Pool Expense 1700.00 Professional Management Expense 3000.00 Property Condition Updated/Remodeled Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 41812.00 Trash Expense 2775.00 Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Sunshine Coyle-Pardo of Coldwell Banker George Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-31T00:32:35.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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