Check Availability
$1,450,000
Multifamily - For Sale

5640 Bakman Avenue

North Hollywood, CA 91601
bedrooms
3 Beds
bathrooms
2 Baths
square feet
5014 Sqft
$7,120
Estimated Monthly
$0
HOA / Fees

About This Property

For additional information, please contact James Antonucci at (818) 381-6601 [email protected] and Mike Pesci at (213) 820-1335 at [email protected]

5640 Bakman Ave is a charming 7-unit apartment building in the vibrant neighborhood of North Hollywood, California. This a rare opportunity for investors seeking a prime location with excellent rental potential. This seven-unit apartment building is comprised of (6) Six (1) One-bedroom and (1) One-bath units, and (1) One (2) Two-bedroom and (1) One-bath unit. Conveniently situated in North Hollywood, this property enjoys proximity to many amenities, including popular dining destinations, entertainment venues, shopping centers, and recreational parks. Commuters will appreciate easy access to major transportation routes, including the nearby Hollywood Freeway (US-101), providing seamless connectivity to the greater Los Angeles area. The property is within walking distance of the Metro Redline location and near the heart of the North Hollywood Arts District.

The property has desirable amenities, including assigned parking spaces, on-site laundry facilities, and well-manicured communal areas. It is individually metered for gas and electricity and has a tremendous rental upside. The property has a Low Income Covenant until 2035, part of the ACHP. A copy of the Covenant will be provided.

***Property must be sold with 5653 Bakman Ave in North Hollywood***

The manager has listed the unit size as 5014 square feet.
Unit Size
5,014Ft²
Days on Market
29 days
Land Size
0.16 acres
Price per sqft
$289
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1953
Listed By
James Antonucci
James Antonucci
Keller Williams Realty-Studio City
Last updated: 28 days ago (MRMLSCA #SR24064369)

Price History

Date / Event Date Event Price
Apr 1, 2024 Listed by Keller Williams Realty Studio City $1,450,000
Listed by Keller Williams Realty Studio City

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
3 Beds
2 Baths
4,762 ft²
$262/ft²
$1,250,000 Apr 1, 2024
-
-
House
3 Beds
2 Baths
2,008 ft²
$672/ft²
$1,349,000 Mar 28, 2024
-
-
Multifamily
8 Beds
6 Baths
3,050 ft²
$557/ft²
$1,699,000 Mar 20, 2024
-
-
House
4 Beds
2 Baths
2,571 ft²
$466/ft²
$1,199,000 Feb 29, 2024
-
-
House
4 Beds
2 Baths
1,950 ft²
$769/ft²
$1,500,000 Mar 21, 2024
-
-
House
4 Beds
3 Baths
1,755 ft²
$712/ft²
$1,250,000 Mar 28, 2024
-
-
Land
Loft
-
-
$1,375,000 Mar 21, 2024
-
-
Land
Loft
-
-
$1,250,000 Nov 20, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

5640 Bakman Avenue 5640 Bakman Avenue, North Hollywood, CA 91601
  • 1 Unit for Sale
More about this Building
5640 Bakman Avenue
Want to find out who owns 5640 Bakman Avenue, North Hollywood, CA 91601? Get detailed property transactions here .

About South Valley


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