Multifamily Property for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 91601

Description

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.

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 4.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 54 days. Compare it against other multifamily listings for sale in Los Angeles, CA — <a href="/search/sale/multifamily/california/los-angeles">view the full market</a>.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: Consensus Q1 2026 market report.

Its 4.7% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per Consensus.

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