5640 Bakman Avenue North Hollywood, CA 91601
Multi-Family (2-4 Units)
MLS #: SR24064369
Courtesy Of Keller Williams Realty Studio City
$1,450,000
3 beds
|
2 baths
|
5,014 sq ft
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Estimated monthly payments:
$6,338/mo.* (recalculate)
Property InformationDescription
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***
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***
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Roof Type: Unknown
- Rooms: Bedroom, Full Bath
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School Information
5640 Bakman Avenue, North Hollywood, CA 91601
Elementary School
Grades KG-5 |
Public School
LANKERSHIM ELEMENTARY SCHOOL
North Hollywood, CA 91601
5250 Bakman Ave
818.769.3130
Distance: 0.5 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
346
Middle School
Grades 6-8 |
Public School
WALTER REED SCHOOL
North Hollywood, CA 91602
4525 Irvine Ave
818.487.7600
Distance: 1.5 mi
School Rating
B
Student:Teacher Ratio
25:1
Total Students
1599
High School
Grades 9-12 |
Public School
EAST VALLEY HIGH SCHOOL
North Hollywood, CA 91601
5525 Vineland Ave
818.753.4400
Distance: 0.4 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
506
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Maurice Sendak Elementary | 0.3 mi | Public | KG-5 | C+ |
| Science Academy Stem Magnet | 0.4 mi | Public | 6-11 | A |
| New Horizons Charter Academy | 0.5 mi | Public | KG-8 | C+ |
| St Paul's First Lutheran School | 0.5 mi | Private | PK-8 | |
| Smart Start Montessori | 0.6 mi | Private | PK-KG | |
| Smart Start Montessori | 0.6 mi | Private | PK-KG | |
| Kinderchicks | 0.6 mi | Private | PK-TKG | |
| Oxnard Street Elementary School | 0.7 mi | Public | KG-5 | C |
| Amelia Earhart Continuation | 0.7 mi | Public | 9-12 | D+ |
| Oakwood Elementary School | 0.7 mi | Private | KG-6 | |
| Oakwood School | 0.7 mi | Private | KG-12 | |
| North Hollywood High School | 0.8 mi | Public | 9-12 | A- |
| The Wesley School | 1.0 mi | Private | KG-8 | |
| Colfax Charter Elementary | 1.1 mi | Public | KG-5 | A+ |
| St Patrick School | 1.1 mi | Private | PK-8 | |
| Yeshiva Ketana Of Los Angeles | 1.1 mi | Private | PK-7 | |
| Fair Avenue School | 1.1 mi | Public | KG-5 | C |
| Or Hachaim Academy | 1.2 mi | Private | PK-8 |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
North Hollywood, CA 91601
| Median Age: | 34.8 |
|---|---|
| Married: | 25% |
| Number of Households: | 17,638 |
| Households with Children: | 15.2% |
North Hollywood, CA 91601
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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