Commercial > Multi-family / Apartments
Active
04/01/2024
List Price
$1,250,000$262/ft²
5653 Bakman Ave
North Hollywood, CA 91601
- 3Beds
- 2Baths
- 4,762ft²Living Area
- 8,102ft²Lot Size
- -Pool
- -Car
- 1951Year Built
- 35DOM
- -Permit
5653 Bakman Ave, North Hollywood, CA 91601 is a 3 bed, 2 bath, 4,762 ft² multi-family/apartments property built in 1951 on a 0.186 acre lot. This multi-family/apartments is currently for sale for $1,250,000.
MLS Description
The listing agent's description. Original Listing
For More Information please call James Antonucci at (818) 381-6601 james@aplagroup.com or Mike Pesci at (213) 820-1335 mike@aplagroup.com
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***
Listing Agents
The listing agent for 5653 Bakman Ave is James Antonucci.
JA
James Antonucci
Keller Williams Realty-Studio City
License: 01822661
Phone: (818) 432-1500
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$4,832.33From latest Total Assessed Value1.5%Total Assessed Value$321,097=Land+
Assessed Value$95,169Additions
Assessed Value$225,928
In 2023, taxes billed for 5653 Bakman Ave were $4,832.33, which is 1.50% from latest Total Assessed Value of $321,097.
Property History
5653 Bakman Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 5653 Bakman Ave
Hazard Risks
Earthquake419Carb Mono156Particulates112Ozone110Air Pollution110Lead102Nat'l Avg100Tornado54Weather24Hurricane6Hail0Wind0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5653 Bakman Ave.
Walkability Index
15 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
5653 Bakman Ave has a walkability score of 15 out of 20, which means that it is in a very walkable area.
Noise Level
45 dB
Quiet Suburban Residential 0-49
Suburban Residential 50-54
Urban Residential 55-59
Noisy Urban Residential 60-64
Very Noisy Urban Residential 65+
Noise at 5653 Bakman Ave is around 45dBs, which is comparable to a Quiet Suburban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
44°F
High
67°F
Summer
Average
Low
59°F
High
86°F
In the winter at 5653 Bakman Ave, temperatures range from 44.33°F to 67.32°F with an average of 55.83°F. In the summer, the temperature ranges from 59.12°F to 86.15°F with and average of 72.64°F.
School Information
Public/private schools serving 5653 Bakman Ave
Public Schools
Lankershim Elementary School
Grades: KG-5
0.51 mi
C-
Walter Reed School
Grades: 6-8
1.50 mi
B
East Valley High School
Grades: 9-12
0.42 mi
F
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 5653 Bakman Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in North Hollywood, North Hollywood, CA 91601.
Seasonal Housing units 91601
8%of housing is for seasonal rent.
Daytime Population for 91601
-4%of people during work hours.
Boundary map of North Hollywood.
Crime Index for 91601
152
152
The crime index in 91601 is 152, which is 1.5 times higher than national average.
Market Trends
Historical market data near 5653 Bakman Ave over selected time period.
Nearby Properties on Bakman Ave
- 4330 Bakman Ave, North Hollywood, CA 91602 (Studio City) is a 3,024 square foot, 3 bedroom, 4 bathroom, 0.31 acre property. It was built in 1952 and has an estimate of $2,621,142 with a price per ft² of $867.
- 4865 Bakman Ave, North Hollywood, CA 91601 (Noho Arts District) is a 2,148 square foot, 4 bedroom, 3 bathroom, 0.16 acre property. It was built in 1923 and has an estimate of $1,475,906 with a price per ft² of $1,283.
- 4232 Bakman Ave, North Hollywood, CA 91602 (Studio City) is a 1,566 square foot, 2 bedroom, 2 bathroom, 0.14 acre property. It was built in 1960 and has an estimate of $1,787,366 with a price per ft² of $1,141.
- 4821 Bakman Ave #Unit 404, North Hollywood, CA 91601 (Bedford Arbors) is a 1,400 square foot, 3 bedroom, 3 bathroom, 0.48 acre property. It was built in 2006 and has an estimate of $863,305 with a price per ft² of $617.
- 5143 Bakman Ave #Apt 207, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 645 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1988 and has an estimate of $642,208 with a price per ft² of $996.
- 5143 Bakman Ave #Apt 305, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 646 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1988 and has an estimate of $651,604 with a price per ft² of $1,009.
- 4118 Bakman Ave, North Hollywood, CA 91602 (Studio City) is a 1,656 square foot, 3 bedroom, 3 bathroom, 0.15 acre property. It was built in 1948 and has an estimate of $2,075,723 with a price per ft² of $1,253.
- 4299 Bakman Ave, North Hollywood, CA 91602 (Studio City) is a 2,030 square foot, 3 bedroom, 2 bathroom, 0.15 acre property. It was built in 1940 and has an estimate of $1,866,124 with a price per ft² of $919.
- 4422 Bakman Ave, North Hollywood, CA 91602 (Studio City) is a 1,123 square foot, 2 bedroom, 1 bathroom, 0.14 acre property. It was built in 1940 and has an estimate of $1,579,991 with a price per ft² of $1,407.
- 4455 Bakman Ave, North Hollywood, CA 91602 (Studio City) is a 5,206 square foot, 9 bedroom, 7 bathroom, 0.23 acre property. It was built in 1958 and has an estimate of $2,364,515 with a price per ft² of $454.
- 6306 Bakman Ave, North Hollywood, CA 91606 (North Hollywood) is a 1,070 square foot, 2 bedroom, 1 bathroom, 0.17 acre property. It was built in 1939 and has an estimate of $801,267 with a price per ft² of $749.
- 6324 Bakman Ave, North Hollywood, CA 91606 (North Hollywood) is a 1,857 square foot, 4 bedroom, 3 bathroom, 0.17 acre property. It was built in 1939 and has an estimate of $1,070,442 with a price per ft² of $728.
- 6340 Bakman Ave, North Hollywood, CA 91606 (North Hollywood) is a 1,274 square foot, 3 bedroom, 2 bathroom, 0.17 acre property. It was built in 1939 and has an estimate of $931,146 with a price per ft² of $731.
- 6455 Bakman Ave, North Hollywood, CA 91606 (North Hollywood) is a 2,011 square foot, 3 bedroom, 3 bathroom, 0.14 acre property. It was built in 1942 and has an estimate of $1,034,644 with a price per ft² of $514.
- 4821 Bakman Ave #Unit 302, North Hollywood, CA 91601 (Bedford Arbors) is a 1,400 square foot, 3 bedroom, 3 bathroom, 0.48 acre property. It was built in 2006 and has an estimate of $858,285 with a price per ft² of $613.
- 5143 Bakman Ave #Apt 102, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 664 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1988 and has an estimate of $613,420 with a price per ft² of $924.
- 5143 Bakman Ave #Apt 210, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 955 square foot, 2 bedroom, 2 bathroom, 0.02 acre property. It was built in 1988 and has an estimate of $535,565 with a price per ft² of $561.
- 5143 Bakman Ave #Apt 218, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 617 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1988 and has an estimate of $641,496 with a price per ft² of $1,040.
- 5143 Bakman Ave #Apt 314, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 657 square foot, 1 bedroom, 1 bathroom, 0.02 acre property. It was built in 1988 and has an estimate of $629,609 with a price per ft² of $958.
- 5143 Bakman Ave #Apt 404, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 646 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1988 and has an estimate of $651,604 with a price per ft² of $1,009.
- 5143 Bakman Ave #Apt 419, North Hollywood, CA 91601 (5143 Bakman Avenue) is a 650 square foot, 1 bedroom, 1 bathroom, 0.01 acre property. It was built in 1988 and has an estimate of $643,421 with a price per ft² of $990.
- 5245 Bakman Ave, North Hollywood, CA 91601 (Noho Arts District) is a 8,944 square foot and 0.14 acre property.
- 4117 Bakman Ave, North Hollywood, CA 91602 (Studio City) is a 2,130 square foot, 4 bedroom, 2 bathroom, 0.15 acre property. It was built in 1957 and has an estimate of $2,018,896 with a price per ft² of $948.
- 5055 Bakman Ave, North Hollywood, CA 91601 (Bakman Apartments) is a 33,027 square foot, 57 bedroom, 57 bathroom, 0.5 acre property. It was built in 1986 and has an estimate of $15,194,107 with a price per ft² of $460.
- 5215 Bakman Ave, North Hollywood, CA 91601 (Noho Arts District) is a 2,695 square foot and 0.14 acre property.
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