5653 Bakman Avenue, North Hollywood, CA 91601

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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***


Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 5653 Bakman Avenue
City North Hollywood
State CA
Zip 91601
County Los Angeles
Listing Agent James Antonucci DRE #01822661
Co-Listing Agent Michael Pesci DRE #01274379
Courtesy Of Keller Williams Realty-Studio City
List Price $1,250,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 8,102
Year Built 1951

Listing information courtesy of: James Antonucci, Michael Pesci, Keller Williams Realty-Studio City. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 1st, 2024 at 6:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.