$1,450,000
5640 Bakman Avenue, North Hollywood 91601
3
Beds
2
Baths
6,754
Lot Size
7
# Of Units
Listing Agent
James Antonucci - Keller Williams Realty-Studio City5640 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***
Facts & Features
MLS® # | SR24064369 |
---|---|
Price | $1,450,000 |
Bedrooms | 3 |
Bathrooms | 2.00 |
Lot Size | 6,754 |
Year Built | 1953 |
Type | Residential Income |
Sub-Type | Apartment |
Status | Active |
# Of Units | 7 |
Community Information
Address | 5640 Bakman Avenue |
---|---|
Area | NHO - North Hollywood |
City | North Hollywood |
County | Los Angeles |
Zip Code | 91601 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Pool | None |
Interior
Has Basement | No |
---|---|
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | 6-10 Units/Acre |
---|
Additional Information
Date Listed | April 1st, 2024 |
---|---|
Days on Market | 30 |
Zoning | LARD1.5 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | James Antonucci |
---|---|
Office | Keller Williams Realty-Studio City |