12325 Chandler Boulevard, Valley Village, CA 91607

• 34,713 sqft

Property Description

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, S

Listing Status:

Active

Date Added:

March 10, 2026

Data Last Updated:

April 2, 2026 at 7:07AM

Listing Office:

Marcus & Millichap : 818-212-2700

Listing Agent:

Roderick 'Rick' Raymundo : 213-943-1855

MLS ID:

CL26662269

Interior

• A/C: Central Air

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LAR32347008014