$1,495,000
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 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.
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Listed by Jeffrey Louks with Marcus & Millichap (818) 212-2700
Property Type
Residential Income
Status
Active
MLS Number
26828247
Year Built
1954
Lot Size
7,018 sq ft