5333 Bellingham Ave, Valley Village, CA 91607
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5333 Bellingham Ave Valley Village, CA 91607

$2,095,000
  • 12 Beds
  • 11 Baths
  • 5,796 Sq.Ft.
For Sale
$2,095,000 Get Pre-Qualified

Map preview of 5333 Bellingham Ave, Valley Village, CA 91607

Property Overview: 5333 Bellingham Ave Valley Village, CA has 12 bedrooms, 11 bathrooms, 5,796 living square feet and 7,810 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: INVESTMENT HIGHLIGHTS: Hard to-find asset in the desirable Valley Village market; New roof - 2024; Seismic retrofit completed 2024; New windows; New fences, New stairs, New exterior paint; Bright and spacious units, on-site parking and laundry; Excellent unit mix of Three (2+2), One (3+2) and Three (1+1) apartments; Some units have fireplaces; Owner's Three-bedrom unit wth private patio; Located just north of Magnolia Boulevard on a quiet tree-lined street. Capital expenditure pass-through to tenants being approved by the City; Rental income will be increasing as soon as owner receives the amount of capital expenidture pass-through to each unit.

Listed by Jeanette Monfared | BRE #00765098 | Marcus & Millichap
Last checked: 14 minutes ago | Last updated: August 21st, 2024 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
7,810
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24424883
City
Valley Village
County
Los Angeles
Time on Site
42 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $4,499
  • Pro Forma/Market Rent: $8,250
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,578
  • Total Rent: $4,733
  • Pro Forma/Market Rent: $6,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,893
  • Total Rent: $2,893
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.66%
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $97,667
  • Gross Operating Income: $142,935
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 5333 Bellingham Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Property Information
  • Total # of Units: 7
  • Parcel Number: 2347022011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Wet of Laurel Canyon, North of Magnolia Blvd.
View more facts & features

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Sale History for 5333 Bellingham Ave

Last leased for $1,475 on May 30th, 2018
  • August, 2024

  • Aug 7, 2024

    Date

    Canceled

    CRMLS: 24387237

    $2,095,000

    Price

  • May 1, 2024

    Date

    Active

    CRMLS: 24387237

    $2,095,000

    Price

  • Listing provided courtesy of CRMLS

    INVESTMENT HIGHLIGHTS: Hard to-find asset in the desirable Valley Village market; New roof - 2024; Seismic retrofit completed 2024; Capital expenditure pass-through to tenants being approved by the City; Rental income increase with capital expenidture pass-through; Excellent unit mix of Three (2+2), One (3+1) and Three (1+1) apartments; Owner's Three-bedrom unit wth private patio; Some units have fireplaces; New windowsNew fences, new stairs, new exterior paint; Bright and spacious units, on-site parking and laundry; Located just north of Magnolia Boulevard on a quiet tree-lined street.

  • August, 2024

  • Aug 7, 2024

    Date

    Active

    CRMLS: 24424883

    $2,095,000

    Price

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: SR23049016

    $2,099,000

    Price

  • Mar 24, 2023

    Date

    Active

    CRMLS: SR23049016

    $2,099,000

    Price

  • Listing provided courtesy of CRMLS

    This pride of ownership property is located in the highly desirable neighborhood of Valley Village. This (7) Seven Unit Apartment building is situated between Laurel Canyon and Whitsett Ave, just south of Chandler Blvd. The property is comprised of (3) Three (1) One Bedroom and (1) One Bath Units, (3) Three (2) Two Bedroom and (2) Two Bath Units, and (1) One (3) Three Bedroom and (2) Two Bath Unit. The property is individually metered for gas and electricity.

  • March, 2023

  • Mar 14, 2023

    Date

    Canceled

    CRMLS: 22180191

    $2,095,000

    Price

  • Jul 18, 2022

    Date

    Active

    CRMLS: 22180191

    $2,195,000

    Price

  • Listing provided courtesy of CRMLS

    INVESTMENT HIGHLIGHTS - 4.36% CURRENT CAP! Hard-to-find asset in the desirable Valley Village market; Excellent unit mix of Three (2+2), One (3+2) and Three (1+1) apartments; Owner's Three-bedroom/Two bath unit with fireplace and private patio; Some units have fireplaces; New Windows, Fences, new stairs, new exterior paint; Bright and spaces units, on-site parking and laundry; Located just north of Magnolia Boulevard on a quiet tree-lined street; Bellingham Apartments are a rare offering in the Valley Village market with very low inventory turnover. The area is a very desirable residential neighborhood in the San Fernando Valley market, close to many markets, restaurants, transportationfacilities, religious establishments, and major thoroughfares. Rental demand in this area is strong resulting in high monthly rents. This offers an investor the opportunity to acquire a prime asset in a hard-to-enter market with strong rental demand.

  • December, 2018

  • Dec 13, 2018

    Date

    Expired

    CRMLS: 18386898

    $2,800

    Price

  • Oct 10, 2018

    Date

    Price Change

    CRMLS: 18386898

    $2,800

    Price

  • Sep 16, 2018

    Date

    Active

    CRMLS: 18386898

    $2,975

    Price

  • Listing provided courtesy of CRMLS

    This 3 bedroom, 2 bath apartment, in a 7 unit building features laminate flooring, fireplace, and large private yard with fruit trees. Community laundry.Close to public transportation and shops. At tenant's request, owner be willing to do some minor renovations to the bathrooms prior to move-in. Sorry,no pets.

  • August, 2018

  • Aug 10, 2018

    Date

    Expired

    CRMLS: 18360158

    $2,995

    Price

  • Jun 30, 2018

    Date

    Active

    CRMLS: 18360158

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    OWNER IS OFFERING FIRST MONTH FREE! This 3 bed 2 bath unit features new laminate flooring flooring, large, open living area, and huge, private yard with citrus trees. Complex is located near shopping, restaurants, and public transportation. There is community laundry.

  • June, 2018

  • Jun 2, 2018

    Date

    Expired

    CRMLS: 18335928

    $3,095

    Price

  • May 23, 2018

    Date

    Price Change

    CRMLS: 18335928

    $3,095

    Price

  • Apr 21, 2018

    Date

    Active

    CRMLS: 18335928

    $3,175

    Price

  • Listing provided courtesy of CRMLS

    3 bed 2 bath unit in a 7 unit building, close to public transportation, in the heart of Valley Village. Light and bright apartment with a large, private yard with fruit trees and patio cover. Comes with one parking spot and community laundry. Good-Great credit a must. No pets.

  • May, 2018

  • May 31, 2018

    Date

    Leased

    CRMLS: 18348062

    $1,475

    Price

  • May 28, 2018

    Date

    Hold

    CRMLS: 18348062

    $1,475

    Price

  • May 25, 2018

    Date

    Active

    CRMLS: 18348062

    $1,475

    Price

  • Listing provided courtesy of CRMLS

    One bedroom one bath apartment located on a pretty tree-lined street in the heart of Valley Village. Close to shopping, restaurants, and public transit. Unit has been well-maintained and comes with full kitchen and bath. This unit boasts laminate flooring and plenty of storage.

  • March, 2018

  • Mar 14, 2018

    Date

    Expired

    CRMLS: 17295014

    $3,275

    Price

  • Feb 13, 2018

    Date

    Price Change

    CRMLS: 17295014

    $3,275

    Price

  • Feb 4, 2018

    Date

    Expired

    CRMLS: 17295014

    $3,375

    Price

  • Jan 17, 2018

    Date

    Price Change

    CRMLS: 17295014

    $3,375

    Price

  • Dec 8, 2017

    Date

    Active

    CRMLS: 17295014

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    3 bed 2 bath unit in a 7 unit building, close to public transportation, in the heart of Valley Village. Light and bright apartment with a large, private yard with fruit trees and patio cover. Owner is in the process of renovating baths, but will be completed prior to move-in. Comes with one parking spot and community laundry.

  • January, 2018

  • Jan 15, 2018

    Date

    Leased

    CRMLS: 17293996

    $1,500

    Price

  • Jan 12, 2018

    Date

    Hold

    CRMLS: 17293996

    $1,500

    Price

  • Dec 4, 2017

    Date

    Active

    CRMLS: 17293996

    $1,500

    Price

  • Listing provided courtesy of CRMLS

    Light and bright one bedroom, Valley Village apartment. Unit boasts laminate flooring, dining area, and built in storage. Lease includes one designated parking space. Community laundry. Available for immediate move-in. Sorry, no pets

  • December, 2015

  • Dec 23, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5333 Bellingham Ave

Assessed Value (2020): $424,541
Year Land Value Improved Value Assessed Value
2020 $120,102 $304,439 $424,541

Home Value Compared to the Market

This property vs the competition

5333 Bellingham Ave is listed 61.15% higher than the median list price for the city of Valley Village which has a median list price of $1,299,999. The median price per/sqft for Valley Village is $675 and this home is listed at $361.46 per/sqft which puts the price per square foot 46.45% lower than the median price per square foot for the city of Valley Village.

About 5333 Bellingham Ave

Detailed summary of property

5333 Bellingham Ave is a multi family located in Valley Village, CA 91607 and is currently for sale. This multi family property offers 12 bedrooms, 11 bathrooms, roughly 5,796 living square feet, and sits on an approximately 7,810 square foot lot. 5333 Bellingham Ave was first listed on ArdentRealEstateGroup.com on August 7, 2024. The homeowner is currently asking $2,095,000. The median priced home in Valley Village is $1,299,999 with a median price per square foot of $675. Based on Ardent Real Estate Group's Valley Village Market Data, this home is listed 61.15% higher than the median priced home. Local competing homes currently for sale include 1303 N Citrus Ave, 1435 N Las Palmas Ave and 6255 Holly Mont Dr. While the average home in Valley Village, CA is selling in 77 days, 5333 Bellingham Ave has a days on market of 40 days. There are currently 62 homes for sale in the Valley Village real estate market and 37 of them are single family homes while 17 of them are condos and 8 are townhomes. For more information on this home for sale at 5333 Bellingham Ave Valley Village, CA 91607 contact Ardent Real Estate Group and we will put you in touch with one of our Valley Village agents.

Public Facts for 5333 Bellingham Ave

Public county record property details
Beds
12
Baths
11
Year built
1961
Sq. Ft.
5,796
Lot Size
7,807
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
2347-022-011

The source for these homes facts are from public records.

91607 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$659
Median Sold Price
$1,407,000
Median Sold Price/Sq.Ft.
$769
Total Inventory
53
Median Sale to List Price %
104.22%
Avg Days on Market
20
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (23.53%), Other (23.53%)

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Related Resources to 5333 Bellingham Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.