Multifamily
11405 Chandler Blvd
11405 Chandler Blvd, Los Angeles, CA 91601
Listing Price: $31,000,000
Cap Rate
4.76%
Number of Units
82
GRM
12.39
Price/Unit
$378,049
Price/Gross SF
$383.65
Gross SF
80,803
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 11405 Chandler Blvd, an 82-unit investment opportunity located in the 91601 zip code of North Hollywood, a submarket of Los Angeles, CA.
Investment Highlights
- Non-Rent Controlled Asset Until 2032.
- Excellent Walkability with a Walk Score of 86, offering convenient access to restaurants, retail, and entertainment
- Controlled-Access Parking Structure with bicycle storage and repair area.
- High-End Unit Interiors featuring quartz countertops, stainless steel appliances, full-size washers and dryers, 9-foot ceilings, oversized windows, LED recessed lighting, vinyl plank flooring, and private patios or balconies.
- Resort-Style Amenities including clubhouse with kitchen, fitness and yoga center, spa, sun deck, rooftop lounge with BBQ and outdoor theater, pet spa, business center, and dry-cleaning service.
- Exceptional Regional Connectivity: Strategically positioned with convenient access to Burbank Airport, major freeways, and the North Hollywood Metro Station, the property draws from a broad tenant base with strong ties to the region's robust entertainment, media, and technology employment corridors.
Exclusively Listed By
Listing Price: $31,000,000
Cap Rate
4.76%
Number of Units
82
GRM
12.39
Price/Unit
$378,049
Price/Gross SF
$383.65
Gross SF
80,803
Investment Highlights
- Non-Rent Controlled Asset Until 2032.
- Excellent Walkability with a Walk Score of 86, offering convenient access to restaurants, retail, and entertainment
- Controlled-Access Parking Structure with bicycle storage and repair area.
- High-End Unit Interiors featuring quartz countertops, stainless steel appliances, full-size washers and dryers, 9-foot ceilings, oversized windows, LED recessed lighting, vinyl plank flooring, and private patios or balconies.
- Resort-Style Amenities including clubhouse with kitchen, fitness and yoga center, spa, sun deck, rooftop lounge with BBQ and outdoor theater, pet spa, business center, and dry-cleaning service.
- Exceptional Regional Connectivity: Strategically positioned with convenient access to Burbank Airport, major freeways, and the North Hollywood Metro Station, the property draws from a broad tenant base with strong ties to the region's robust entertainment, media, and technology employment corridors.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 11405 Chandler Blvd, an 82-unit investment opportunity located in the 91601 zip code of North Hollywood, a submarket of Los Angeles, CA.
Exclusively Listed By