Located in the highly desirable neighborhood of Valley Village, 5449 Bellingham Avenue offers investors the opportunity to own a well-positioned asset in one of the San Fernando Valley's most stable and sought-after rental markets. Known for its quiet, tree-lined streets and strong residential character, Valley Village attracts a diverse tenant… Read More base ranging from young professionals to families seeking a suburban feel with convenient urban access. The property benefits from close proximity to major employment and entertainment hubs including Studio City, North Hollywood, and Burbank home to major media and production employers such as Warner Bros. Studios, The Walt Disney Company, and Universal Studios. This central location supports consistent rental demand driven by the area's strong employment base. Tenants also enjoy convenient access to the Metro Red Line and the Ventura Freeway (US-101),providing seamless connectivity to Hollywood, Downtown Los Angeles, and the greater LosAngeles area. Additionally, nearby retail and dining options along Ventura Boulevard offer an abundance of amenities, further enhancing tenant appeal. Importantly, the property will be delivered with two vacant units, presenting a rare opportunity for an investor or owner-user to immediately capture significant upside. Buyers can renovate and lease at current market rents or occupy one or more units while maintaining income from the remaining tenancy. This built-in flexibility, combined with the strong fundamentals of theValley Village submarket, positions the asset as a compelling value-add investment. With its combination of prime location, proximity to major job centers, and immediate income upside through vacancy, 5449 Bellingham Avenue represents an attractive opportunity in a highly competitive Los Angeles rental market. Read Less
Property listed by Marcus & Millichap, Jeffrey Louks 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Beds
7
Square Ft.
3,438
Lot Size
0.16 Acres
Year Built
1954
MLS Number
26828247
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 1954, Living area: 3438.0, 1 building, 2 stories, Levels: Two
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $89,592, Net Operating Income: $48,867
Lot
0.1611 acres
Parking
3 total parking spaces, Covered
Taxes
Parcel Number: 2347013004, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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