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5333 Bellingham Ave

Valley Village, CA 91607
  • $2,095,000
  • STATUS: Active
  • ON SITE: 198 Days
  • MLS #: 22-180191
UPDATED: 46 min ago
$2,095,000
  • 12
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,796
    SQFT
  • $361
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

INVESTMENT HIGHLIGHTS - 4.36% CURRENT CAP! 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 Windows, 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 the Combined LA/Westside Multiple Listing Service as of 2023-02-02T14:43:11.227. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/131020714
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5333 Bellingham Ave Valley Village, CA 91607

  • Price: $2,095,000
  • Status: Active
  • On Site: 198 Days
  • Updated: 46 min ago
  • MLS #: 22-180191
12
Beds
0
Baths
0
½ Baths
0.18
Acres
5,796
SQFT
$361
$/SQFT
1961
Built
Neighborhood:
Valley Village
County:
Los Angeles
Area:
Valley Village
Property Description
INVESTMENT HIGHLIGHTS - 4.36% CURRENT CAP! 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 Windows, 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

Lot Size Area 7807 Other Structures None Parking Garage Carport Attached Total Parking 7

Interior Features

Baths Total 11.00 Cooling Wall Unit(S) Equipment Built-Ins Heating Wall

Property Features

Gross Income 138108 Gross Operating Income 134001 Like Units1 3 Like Units2 1 Like Units3 3 Net Operating Income 91335.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 42666 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Jeanette Monfared DRE#00765098 of Marcus & Millichap: 818-212-2700.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-02T14:43:11.227. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210