5618 Bakman AVE

NORTH HOLLYWOOD, CA, 91601

$3,380,000

$494 per ft²
$3,380,000
$494 per ft²
Active
Active
 - For Sale
beds
16 Beds
baths
16 Baths
carpenters-square
6,838 ft²
property_type
Multi-family
calendar
Built 2020
Fully Leased out Newly built 2-story fourplex made up of four spacious 4 bedroom, 4 bathroom townhome-style units located in the heart of North Hollywood! Huge Corner Lot! prime NoHo Arts District location, within walking distance to restaurants, retail and commercial plaza! Property is located in an OPPORTUNITY ZONE, NO RENT CONTROL, little to no maintenance, separate meters for gas, water & electric, balconies, and has high demand from renters. Each bedroom gets their OWN PRIVATE BATHROOM! No sharing!!! laundry inside each unit, Highly upgraded stainless steel appliances, open floor plans, and total 8 convenient OVERSIZED exterior parking spots. Actual Rent for each unit is 4350, 4200, 3999 and 4200, which is below market rental price. Market rent is 4500 per each unit. Great potential to easily increase the cap rate!
MLS® ID:
WS22145789MR
Listed:
7/3/22
Updated:
10/5/22
Coldwell Banker Realty
Barry Dantagnan

Interior Features

Total Bedrooms
16
Total Bathrooms
16
Laundry Description
Inside

Exterior/Building Features

Lot Size
6,529 ft² lot
Sewer
Public Sewer

Other Property Details

Garage
No
Parking
N
Parking Total
8.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None

 

Courtesy of XIANGHUI ZHOU, HARVEST REALTY DEVELOPMENT

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barry Dantagnan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/5/22

Coldwell Banker Realty
Barry Dantagnan
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