$1975000 Price Analysis   ♡   North Hollywood, CA 91602 7 bed 7 bath 4774 SqFt ($413/SqFt) 8247SqFt lot. Built 1941 Listed 2024-05-30, Taxes $2981 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present for sale for the first time in over 50 years a true value-add opportunity located in th prominent North Hollywood/ Studio City
West Toluca Lake submarket. Conveniently located on the southeast corner of Bakman Ave and Landale St, 4454 Bakman Ave is a one-of-a-kind 4-unit apartment building comprised of a single-family residence on Bakman Ave and 3-units on Landale St (11320 Landale St). In need of complete rehabilitation, the single-family residence presents an exciting opportunity for customization and enhancement. This property is truly a builders/developers dream. The open house on Bakman Ave boasts impressive features including three bedrooms with one (1) full bath and two (2) 3/4 baths, two cozy fireplaces, perfect for chilly evenings, ample living space including a living room, family room/den, bonus room and a private patio, ideal for outdoor relaxation.
The 3-units are comprised of two (2) one-bedroom/one bath apartments and one (1) two-bedroom/one-half-bath apartment. Individual hot water heaters, copper plumbing and on-site parking enhance the appeal and functionality of the property. Total building square feet is approximately 4, 774 and sits on a lot size approximately 8, 245 square feet of land. Gross Income is based on a projected rent for the single family residence. Building to be sold in AS-IS condition. Drive-by only. Call listing agent for details. Seller Motivated. Submit.
Presented by Tony Boyajian at
Keller Williams Realty-Studio City.
Property MLS #SR24109787 from CRMLS
Parking Total: 3
Lot Size Acres: 0.1893251
Lot Size Source: Assessor
Lot Size Square Feet: 8247
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 3
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
County: Los Angeles
Source Property Type: Residential Income
Area: NHO - North Hollywood
Source Neighborhood: NHO - North Hollywood
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 2
Parcel Number: 2366003001
Postal Code Plus 4: 2012
Zoning: LAR1
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $152454 + $47099 $199553 | $2981 |
| 2021 | $149465 + $46176 $195641 | $2918 |
| 2020 | $147933 + $45703 $193636 | $2935 |
| 2019 | $145033 + $44807 $189840 | $2842 |
| 2018 | $142190 + $43929 $186119 | $2734 |
| 2017 | $139402 + $43068 $182470 | $2682 |
| 2016 | $136669 + $42224 $178893 | $2565 |
| 2015 | $134617 + $41590 $176207 | $2534 |
| 2014 | $131981 + $40776 $172757 | $2568 |
| 2013 | $131385 + $40592 $171977 | $2568 |
| 2012 | $128809 + $39797 $168606 | $2688 |
| 2010 | $126284 + $39017 $165301 | $2663 |
| 2009 | $125639 + $38818 $164457 | $2573 |
| 2009 | $125341 + $38726 $164067 | $2573 |
| 2008 | $123176 + $38057 $161233 | $2485 |
| 2007 | $120761 + $37311 $158072 | $2389 |
$1975000
CRMLS
Listed 2024-05-30
$2195000
CRMLS
Year Built: 1941
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 83
Property Attached: Yes
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.