12325 Chandler Blvd

Los Angeles CA 91607

34713 sq. ft.

19040 sq. ft.

Other

Last sold for $8,275,000

Roderick 'Rick' Raymundo, last sold this property on 21 May 2026 after 71 days on market.

Overview

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.

Features

43 bedrooms

42 bathrooms

39 carspaces

34713 sq. ft. floor area

19040 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 43 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 12325 Chandler Blvd

2026

Sold

$8,275,000

21 May 2026 by Roderick 'Rick' Raymundo, of Marcus & Millichap

2001

Sold

$553,606

01 Nov 2001

Happy sellers in Los Angeles

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