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$1,250,000
3 bed
2 bath
0 Sqft
8,102 Sqft lot

5653 Bakman Avenue, North Hollywood, California 91601

  • Residential Income Property Type
  • 34 Days Time on market
  • 1951 Year Built
Property Description

Nestled in the heart of North Hollywood, this charming six-unit apartment building on Bakman Ave offers residents an urban oasis amidst the bustling cityscape. Situated within close proximity to trendy cafes, eclectic eateries, and vibrant entertainment options, this property embodies the epitome of convenient city living.

5653 Bakman Ave is a charming 6-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 six-unit apartment building is comprised of (4) Four (1) One-bedroom and (1) One-bath units, and (2) Two (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 5640 Bakman Ave in North Hollywood***

Basic Details
Residential Income
Buy
SR24064387
$1,250,000
3
2
0 Sqft
1951
8,102 Sqft
Active
Apartment
Click Here
Houses
Virtual Tour
Features
: Suburban, Street Lights, Urban, Valley
0
$0
: Public Sewer
Address
CA
Los Angeles
North Hollywood
91601
5653 Bakman Avenue
5653
Avenue
0
W119° 37' 18.5''
N34° 10' 25.3''
Additional Information
34
1
2
2
: Two
: Common Area
0
4,762 Sqft
1
0 Sqft
0 Sqft
0.19 Sqft
8,102 Sqft
1
: 2+ Common Walls
0 Sqft
LARD1.5
2337039012
$0
$0
$0
$4,782
$0
$2,800
0 Sqft
1
0 Sqft
$0
1
01/04/2024 18:07:54
$0
: Standard
CashtoNewLoan
Located between Lankershim Blvd and Vineland Blvd just North of Burbank Blvd
Destrahan
Harry Hurst
Keller Williams Realty-Studio City
James Antonucci
F3510001
SR175529332
$0
4.48
0
1
: Item610unitsacre
1
1
: Square Feet
: Community Apartment
yes
1
6
6
1
6
19
Click Here
98592
US-06037-N-2337039012-R-N
Apartment
02/04/2024 01:20:38
Bakman
NHO - North Hollywood
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