Multifamily
5333 Bellingham Ave
5333 Bellingham Ave, Valley Village, CA 91607
Listing Price: $2,095,000
Investment Overview
Bellingham Apartments ia rare offering in the Valley Village market with low inventory turnover. The area is a desirable residential neighborhood in San Fernando Valley market, close to many markets, restaurants, transportation facilities, religious establishments, and major thoroughfares. Rental demand in this area is very strong, resulting in high monthly rents. This asset offers an investor the opportunity to invest in a hard-to-enter market with continuous appreicating asset values and long term growth.
5333 Bellingham Ave
Investment Highlights
- Hard to-find asset in the desirable Valley Village market New roof - 2024 Seismic retrofit completed 2024
- Capital expenditure pass-through to tenants being approved by the City Rental income increase with capital expenidture pass-through
- Excellent unit mix of Three (2+2), One (3+1) and Three (1+1) apartments Owner's Three-bedrom unit wth private patio
- Some units have fireplaces New windows New fences, new stairs, new exterior paint
- Bright and spacious units, on-site parking and laundry Located just north of Magnolia Boulevard on a quiet tree-lined street
Exclusively Listed By
Financing By
Listing Price: $2,095,000
Investment Highlights
- Hard to-find asset in the desirable Valley Village market New roof - 2024 Seismic retrofit completed 2024
- Capital expenditure pass-through to tenants being approved by the City Rental income increase with capital expenidture pass-through
- Excellent unit mix of Three (2+2), One (3+1) and Three (1+1) apartments Owner's Three-bedrom unit wth private patio
- Some units have fireplaces New windows New fences, new stairs, new exterior paint
- Bright and spacious units, on-site parking and laundry Located just north of Magnolia Boulevard on a quiet tree-lined street
Investment Overview
Bellingham Apartments ia rare offering in the Valley Village market with low inventory turnover. The area is a desirable residential neighborhood in San Fernando Valley market, close to many markets, restaurants, transportation facilities, religious establishments, and major thoroughfares. Rental demand in this area is very strong, resulting in high monthly rents. This asset offers an investor the opportunity to invest in a hard-to-enter market with continuous appreicating asset values and long term growth.
Exclusively Listed By
Financing By
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