$2,550,000
$2,950,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
14 Baths
0.32 Acres Lot
SOLD DATE : 12/11/2023
Key Details
Sold Price $2,550,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23205097
Sold Date 12/11/23
Bedrooms 14
HOA Y/N No
Lot Size 0.322 Acres
Property Description
11-unit apartment building at 5435 Bellingham Avenue, Valley Village, CA 91607. Built in 1977, the property comprises eight 1-bedroom/1-bathroom units and three 2-bedroom/2-bathroom units totaling approximately 8,854 rentable square feet on a parcel of 14,032 square feet of land zoned LAR3. The appealing unit mix coupled with its upside potential and desirable location in Valley Village makes this building an enticing opportunity for investors aiming to expand their portfolio. Nestled between Laurel Canyon Boulevard and Corteen Place, and just a few doors north of Chandler Boulevard, this propertys advantageous positioning gives tenants proximity to Valley Village, North Hollywood Park, North Hollywood High School and Los Angeles Valley College. The building is surrounded by many nearby stores and restaurants, and a brief drive leads to a variety of trendy dining and shopping options in the North Hollywood Arts District, Studio City and Sherman Oaks.
11-unit apartment building at 5435 Bellingham Avenue, Valley Village, CA 91607. Built in 1977, the property comprises eight 1-bedroom/1-bathroom units and three 2-bedroom/2-bathroom units totaling approximately 8,854 rentable square feet on a parcel of 14,032 square feet of land zoned LAR3. The appealing unit mix coupled with its upside potential and desirable location in Valley Village makes this building an enticing opportunity for investors aiming to expand their portfolio. Nestled between Laurel Canyon Boulevard and Corteen Place, and just a few doors north of Chandler Boulevard, this propertys advantageous positioning gives tenants proximity to Valley Village, North Hollywood Park, North Hollywood High School and Los Angeles Valley College. The building is surrounded by many nearby stores and restaurants, and a brief drive leads to a variety of trendy dining and shopping options in the North Hollywood Arts District, Studio City and Sherman Oaks.
Location
State CA
County Los Angeles
Area Valley Village (91607)
Zoning Assessor
Building
Lot Description Sidewalks
Story 2
Others
Monthly Total Fees $133
Acceptable Financing Cash
Space Rent $18,638
Listing Terms Cash
Financing Cash
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Bought with Reza Ghobadi • Reza Ghobadi