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    11852 Chandler Boulevard

    Valley Village, CA 91607
    • $2,975,000
    • STATUS: Active
    • ON SITE: 123 days
    • ID#: OC21102449
    UPDATED: 42 min ago
    $2,975,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    The Harvest Village Apartments represent a true value add multi-family investment in the sought after Valley Village sub-market. Built in 1954 on a raised foundation, the asset features a pitched roof that was replaced in 2013. The 10 unit property consists of 7 spacious one bedroom one bath units and 3 large two bedroom one bath units. There is a carport with 6 parking spaces and tenant storage plus an additional 3 open off street parking spaces for a total of 9 off street parking spaces. Units have luxury vinyl flooring, wall mounted AC, ample storage, individual water heaters, and limited common walls. Select units have been renovated with granite counter surfaces, new appliances including dishwashers, and new cabinets. 9 of the 10 units have back doors off the kitchen. There is an onsite laundry room with seller owned equipment that provides extra income and tenant convenience. Tenants are unaware of sale so please do not disturb tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T18:26:50.17. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/117344729
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    11852 Chandler Boulevard Valley Village, CA 91607

    • Price: $2,975,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: OC21102449
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1954
    Built
    Neighborhood:
    VVL - Valley Village
    County:
    Los Angeles
    Area:
    VVL - Valley Village
    Property Description
    The Harvest Village Apartments represent a true value add multi-family investment in the sought after Valley Village sub-market. Built in 1954 on a raised foundation, the asset features a pitched roof that was replaced in 2013. The 10 unit property consists of 7 spacious one bedroom one bath units and 3 large two bedroom one bath units. There is a carport with 6 parking spaces and tenant storage plus an additional 3 open off street parking spaces for a total of 9 off street parking spaces. Units have luxury vinyl flooring, wall mounted AC, ample storage, individual water heaters, and limited common walls. Select units have been renovated with granite counter surfaces, new appliances including dishwashers, and new cabinets. 9 of the 10 units have back doors off the kitchen. There is an onsite laundry room with seller owned equipment that provides extra income and tenant convenience. Tenants are unaware of sale so please do not disturb tenants.
    Exterior Features

    Carport Spaces 6 Carport YN Yes Foundation Details Raised Lot Features Rectangular Lot Number Of Separate Electric Meters 11 Open Parking Spaces 3 Parking Features AssignedCarport Parking Total 9 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle

    Interior Features

    Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features BathFamily RoomGasKitchen Fireplace YN Yes Flooring Vinyl Heating Floor Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Community Features SidewalksUrban Electric Expense 378 Fuel Expense 0 Garage YN No Gross Income 3240 Gross Scheduled Income 168672 Insurance Expense 3500 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 5000 Net Operating Income 104924 New Construction YN No New Taxes Expense 33618 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 58688 Pest Control Expense 875 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 13786 Trash Expense 2954 Vacancy Allowance Rate 3 Water Sewer Expense 7573 Water Source Public Zoning Lar3

    Listing provided courtesy of John Manion of John Manion, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T18:26:50.17. 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 Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
    23670 Hawthorne Blvd. #100
    Torrance CA, 90505