65 UNITS | 2026 BUILT | NOHO ARTS DISTRICT 5110 Bakman Ave 65 Unit Apartment Building $33,950,000 ($522,308/Unit) North Hollywood, CA 91601

An exceptional opportunity to acquire a brand-new 2026 construction luxury multifamily asset located in one of North Hollywood’s most desirable and high-demand rental corridors.
This institutional-quality 6-story apartment community features 65 thoughtfully designed residential units over ground-floor improvements with one level of subterranean parking, offering 49 total parking spaces, including 2 EV charging stations and 2 accessible spaces. 19 parking spaces are ground level, and 30 are subterranean. Designed with efficiency, long-term durability and tenant appeal in mind, the property combines modern architecture, high-end finishes, and low-maintenance operations.
The unit mix consists of 10 spacious 2-bedroom/2.5-bath units, 25 well-appointed 2-bedroom/2-bath units, 15 1-bedroom/1-bath units, and 15 studios, with 50
of these units featuring private balconies. All third floor units have great views. In addition, 14 units are designated affordable units, creating strong occupancy depth and broad tenant demand.
Situated on a 16,873 SF lot, the building contains approximately 81,250 SF of gross building area and 44,689 SF of net rentable area. Residents benefit from an impressive suite of lifestyle amenities, including a 5,919 SF rooftop deck with sweeping 360 degree views, a 1,095 SF recreation/gym room, and a 692 SF rear yard, creating an elevated living experience rarely available in the submarket.
Each unit is equipped with in-unit washer and dryer, individual water heater, central HVAC, top-of-the-line appliances, and premium-quality materials throughout. The property is also separately metered for all utilities, including water, significantly reducing landlord operating expenses and making the asset highly efficient and easy to manage.
With its prime North Hollywood location, modern design, superior construction quality, efficient systems and strong amenity package, 5110 N. Bakman Avenue represents a rare opportunity to acquire a best-in-class, newly built multifamily investment positioned for long-term appreciation and stable cash flow.
Ideally situated in the heart of North Hollywood, 5110 N. Bakman Avenue benefits from a premier infill location within one of the San Fernando Valley’s most dynamic and rapidly evolving rental markets. The property is surrounded by a strong mix of lifestyle amenities, major employment centers, entertainment destinations, and convenient transportation options that continue to drive tenant demand and long-term value appreciation.
The asset is located just moments from the NoHo Arts District, a vibrant destination known for its restaurants, cafés, theaters, nightlife, fitness studios, and creative office environments. Its close proximity to Universal Studios, Burbank Media District, Warner Bros., Disney, and other major entertainment employers makes the location especially attractive to professionals working in media, technology, and creative industries.
Residents also benefit from excellent commuter access via the Metro B Line, major bus routes, the Hollywood Freeway (US-101), Ventura Freeway (SR-134), and Interstate 5, providing seamless connectivity to Hollywood, Downtown Los Angeles, Burbank, Studio City, Glendale, and the greater Westside.
North Hollywood continues to experience strong demographic growth, ongoing redevelopment, and increasing rental demand fueled by limited new supply in prime walkable locations. The combination of urban convenience, strong employment drivers, and a highly desirable live-work-play environment positions this location as one of the most sought-after multifamily investment corridors in Los Angeles.