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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12BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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5,796SQFT
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$361$/SQFT
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.
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.