11689 Chandler Blvd, North Hollywood
Pride-Of-Ownership Renovated 6-Unit
The 5+ Unit Specialists are pleased to present 11689 Chandler Blvd, a fully renovated, 100% leased 6-unit property in prime North Hollywood, offered at $2,300,000 with a strong 6.11% cap rate. Featuring six spacious 2-bedroom residences, the property generates $189,420 in annual gross rental income with exceptional tenant retention and minimal vacancy. Extensive upgrades include new plumbing and sewer lines, updated electrical systems, designer kitchens and bathrooms, central HVAC, and in-unit laundry, plus 6 carport spaces with ADU potential (buyer to verify), all just minutes from the NoHo Arts District.
The Important
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$2,300,000
6-Unit
Pre-Market
6
1953
6.11%
12.14
$189,420/Year
5,184 sqft
6,513 sqft
$443.67
$383,333
6x 2b/1b
No
6 Carport Spaces
Yes
Other Features:
Fully Leased, ADU Potential, Major Capital Improvements
The Highlights
Prime North Hollywood Location minutes from the NoHo Arts District, major studios, dining, and entertainment.
Fully Renovated 6-Unit Property featuring designer finishes, modern fixtures, updated appliances, and in-unit laundry.
Major Capital Improvements including replaced plumbing and sewer lines, upgraded electrical, new panels, and exterior enhancements.
Renovated for Long-Term Ownership with exceptional attention to quality, detail, and durability.
Exceptional Tenant Retention & Minimal Vacancy — five of six original tenants remain, with zero vacancy for approximately the first two years.
ADU Development Potential through conversion of six existing carport spaces (buyer to verify).
Strong 6.11% Cap Rate with approximately $189,420 in annual gross rental income.
Desirable Unit Mix featuring six spacious 2-bedroom residences ranging from 837–888 SF.
Turnkey Investment Opportunity offering stable cash flow, extensive upgrades, and future upside.
The Neighborhood
<15-Minute Walk
Mater, Groundwork Coffee Co., Cara Vana Coffee Shop, Foleo Coffee, BlaqHaus NoHo, Republic of Pie, EAT, The CanTiki, The Witch’s Cottage, La Rochelle Bakery & Cafe, Moxie Coffee Bar, Bread & Breakfast, Horror Vibes Coffee, Chokolatta, Brews Brothers
<15-Minute Drive
The Front Yard, Ca Del Sole, Firefly, VERSE LA, Laurel Tavern, GRANVILLE, UOVO Studio City, Universal CityWalk, Universal Studios Hollywood, Sushi Katsu-ya, Idle Hour, Forman’s Whiskey Tavern, Pitfire Pizza, Tonga Hut, El Portal Theatre
<$15 Uber Ride
Red Maple Toluca Lake, Saint Coffee Shop, Aeirloom Bakery, Lou The French on the Block, Sushi Yuzu, Little Toni's, The Rustic Spoon, Coffea, Cocoa + Cream, Tiki No, The Iliad Bookshop, Salsa & Beer, Mofongos, City Kitchen, Bruxie
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