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5449 Bellingham Ave
Valley Village, CA 91607 Valley Glen

$1,495,000 USD

Apartments For Sale  •  3,438 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,438 SF
  • Lot Size 0.16 AC
  • Building Class C
  • Year Built 1954
  • Cap Rate 3.27 %
  • Zoning LAR3
50 Transit Score
70 Walk Score

Highlights

Delivered with two vacant 2+1 units- immediate value-add and lease-up potential, or potential for an owner user
Highly desirable Valley Village location- proximity to Studio City and North Hollywood
Unit Mix: (2) 2+1, (1) 3+1
Strong rental demand fueled by proximity to major studios and employment centers
Easy Access to 101, 134, & 170 Freeways and Metro transit options

Property Flyers

Financial Summary (Actual)

Net Operating Income: $48,866 USD (2025)
Cap Rate: 3.27 %
Total Expenses: $36,246 USD

Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-Up

Public Transportation

Commuter RailDriveWalkDistance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.4 mi
10 min - 5.3 mi
AirportDriveWalkDistance
Bob Hope 9 min - 4.4 mi
Los Angeles International 33 min - 22.6 mi
Long Beach (Daugherty Field) 49 min - 35.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jeff Louks 310-941-5899 Marcus & Millichap
Jeff Louks 310-941-5899 Marcus & Millichap