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 property’s 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.