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4455 Bakman Ave
Studio City, CA 91602
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Building Size | 5,206 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | LAR1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,206 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | LAR1 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
About 4455 BAKMAN AVE , STUDIO CITY, CA 91602
Price Reduced. KW Commercial and Marcus & Millichap are proud to present an excellent opportunity to acquire a 6-unit apartment building in prime North Hollywood location on 4455 Bakman & 11336 Landale Street. It consists of a three-bedroom/two-bathroom single family residence (SFR) one 2-bedroom/1-bathroom apartment unit and four 1-bedroom/1-bathroom apartment units. This charming and well maintained apartment complex was built in 1941 (house)/1958 (apartment units), the building consists of 5,206 square feet and is zoned LAR1. Parking for 7 vehicles (4 garages and 3 open). With tremendous upside potential, an experienced investor and/or owner-user is able to recapture approximately 60% upside in rents in one of the best locations in Los Angeles. PROJECTED GRM 11.54X IS BASED ON PROFORMA MARKET RENTS. DRIVE BY ONLY. Conveniently located just 12-miles west of Downtown Los Angeles, North Hollywood is continues to be one of the hottest rental submarkets in the Greater Los Angeles Area. The property boasts a Walk Score of 81 as it sits on a quiet residential street just blocks from retail, grocery, dining and entertainment options. The property sits in close proximity to the NoHo Arts District, Ventura Boulevard, Universal City and Toluca Lake and is conveniently located near the 134, 101 and 170 Freeways providing easy access to Downtown LA, Glendale, Pasadena and the entire San Fernando Valley.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 2366-004-022 | Improvements Assessment | $258,046 |
| Land Assessment | $163,331 | Total Assessment | $421,377 |
Property Taxes
