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Commercial > Multi-family / Apartments
Active
04/01/2024
List Price
$1,450,000$289/ft²

5640 Bakman Ave
North Hollywood, CA 91601

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  • 5640 Bakman Ave, North Hollywood, CA 91601 is a 3 bed, 2 bath, 5,014 ft² multi-family/apartments property built in 1953 on a 0.155 acre lot with 3 construction permits. This multi-family/apartments is currently on the market for $1,450,000.

    MLS Description

    The listing agent's description. Original Listing

    For additional information, please contact James Antonucci at (818) 381-6601 james@aplagroup.com and Mike Pesci at (213) 820-1335 at mike@aplagroup.com 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***

    Listing Agents

    The listing agent for 5640 Bakman Ave is James Antonucci.

    Permits

    5640 Bakman Ave has 3 permit records.

    Permit History
    3
    Permits
    December 17, 2018
    Description: Replace (2) 40 gal water heaters in unit #3 and laundry roomStatus: finalType: plumbingSub Type: ApartmentBusiness Name: GBM INCEffective Date: 2018-12-17Permit Number: 18042-20000-28974
    February 7, 2012
    Description: Reroof with 38 sqrs comparable shingle roofing. Existing solid sheathingStatus: finalType: Bldg-alter/repairSub Type: ApartmentBusiness Name: Mike's Roofing Service CO INCEffective Date: 2012-02-07Permit Number: 10016-90000-07127
    June 24, 2005
    Description: Copper repipeStatus: finalType: plumbingSub Type: ApartmentBusiness Name: Liss Challenge Plumbing INCEffective Date: 2005-06-24Permit Number: 05042-20000-14608

    Current Ownership

    Information about the current owner(s).

    Property History

    5640 Bakman Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 5640 Bakman Ave

    School Information

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    Neighborhood

    This property is located in North Hollywood, North Hollywood, CA 91601.

    Market Trends

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    Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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