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5333 Bellingham Avenue

Valley Village, CA 91607
  • $2,195,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: 22180191
$2,195,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Jeanette Monfared of Marcus & Millichap (818-212-2700)


Description

INVESTMENT HIGHLIGHTS - Hard-to-find asset in the desirable Valley Village market; Excellent unit mix of Three (2+2), One (3+2) and Three (1+1) apartments; Owner's Three-bedroom/Two bath unit with fireplace and private patio; Some units have fireplaces; New Fences, new stairs, new exterior paint; Bright and spaces units, on-site parking, and laundry; Located just north of Magnolia Boulevard on a quiet tree-lined street; Bellingham Apartments are a rare offering in the Valley Village market with very low inventory turnover. The area is a very desirable residential neighborhood in the San Fernando Valley market, close to many markets, restaurants, transportationfacilities, religious establishments, and major thoroughfares. Rental demand in this area is strong resulting in high monthly rents. This offers an investor the opportunity to acquire a prime asset in a hard-to-enter market with strong rental demand.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T00:27:42.27. 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 Villa Real Estate. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/131022303
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5333 Bellingham Avenue Valley Village, CA 91607

  • Price: $2,195,000
  • Status: Active
  • On Site: 21 Days
  • ID#: 22180191
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1961
Built
Neighborhood:
VVL - Valley Village
County:
Los Angeles
Area:
VVL - Valley Village
Property Description
INVESTMENT HIGHLIGHTS - Hard-to-find asset in the desirable Valley Village market; Excellent unit mix of Three (2+2), One (3+2) and Three (1+1) apartments; Owner's Three-bedroom/Two bath unit with fireplace and private patio; Some units have fireplaces; New Fences, new stairs, new exterior paint; Bright and spaces units, on-site parking, and laundry; Located just north of Magnolia Boulevard on a quiet tree-lined street; Bellingham Apartments are a rare offering in the Valley Village market with very low inventory turnover. The area is a very desirable residential neighborhood in the San Fernando Valley market, close to many markets, restaurants, transportationfacilities, religious establishments, and major thoroughfares. Rental demand in this area is strong resulting in high monthly rents. This offers an investor the opportunity to acquire a prime asset in a hard-to-enter market with strong rental demand.
Exterior Features

Carport YN Yes Parking Features Attached Carport Parking Total 7

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 138108 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 87315 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 3 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-09T00:27:42.27. 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 Villa Real Estate. Licensed in the State of California, USA.
 
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Villa Real Estate
450 Newport Center Drive, Suite 100
Newport Beach CA, 92660
Listing Agent(s): Jeanette Monfared of Marcus & Millichap (818-212-2700)