North Hollywood CA Multi Family for Sale
$1,689,000
4454 Bakman Avenue North Hollywood, CA 91602
- Type:
- Fourplex
- Sq.Ft.:
- 4,774
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1941
- Baths:
- MLS#:
- SR24233497
ADDITIONAL INFORMATION
Ideally located in the heart of North Hollywood, this 4774 sq. ft. quadruplex presents a rare and unique investment opportunity. Situated on the corner of Bakman Ave & Landale St, in the highly desirable Studio City/Toluca Lake adjacent area, this property offers both residential charm and tremendous rental potential. The property features a single-family residence at 4454 Bakman Ave and 3 separate rental units at 11320 Landale St, making it an ideal choice for both owner-occupants and investors seeking consistent income. This newly painted 1,440 sq. ft. SFR offers a spacious layout, perfect for comfortable living. Featuring 3 bedrooms and 2 bathrooms, a family room/den, & new flooring throughout, gives this home a fresh, modern feel. The living room/dining area is enhanced by a beautiful brick fireplace, creating a cozy atmosphere, with sliders opening to a private patio and adjacent side yard. Located just steps from the main house, the 3 rental units - approximately 3,334 total sq. ft. offer excellent income potential. The units comprise of one - 2-bedroom, 1 1/2-bath unit with a private small, enclosed patio area, and Two - 1-bedroom, 1-bath units, each, with on-site parking and individual hot water heaters. This property offers the perfect mix of private residence and rental income, with a location that is in close proximity to trendy Tujunga Village, popular dining spots like Jon & Vinny’s, and Woodbridge Park. Dont miss this one of a kind opportunity!
- Type:
- Cluster
- Sq.Ft.:
- 35,860
- Status:
- Active
- Beds:
- 62
- Lot size:
- 0.72 Acres
- Year built:
- 1968
- Baths:
- 62.00
- MLS#:
- 24445033
ADDITIONAL INFORMATION
We are proud to present this rare opportunity to own a 32-unit apartment building located in a prime Toluca Lake location. Built in 1968, the property is subject to LA City Rent Control. The building features an excellent unit mix with 30 two-bedroom, two-bath units and 2 one-bedroom, one-bath units. Each apartment offers spacious floorplans, central A/C & heat and attractive finishes to add to the desirability of the property. The property offers residents attractive amenities such a pool, courtyard, gym, BBQ area, intercom access, on-site laundry facility and plenty of subterranean and open parking (66 Spaces total). Additionally, there is leasing office at the property which helps the owner, manager and tenants facilitate the best living and management experience possible. In addition to the desirable features of the property, residents benefit from an excellent location that provides easy access to endless shopping, dining and entertainment options of Universal Studios, Universal City, and busy thoroughfare of Ventura Blvd. This is a unique opportunity to acquire a very well-located asset with long term ownership and significant upside potential.
North Hollywood Real Estate
The median home value in North Hollywood, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in North Hollywood, CA is $912,500. Approximately 33.96% of North Hollywood homes are owned, compared to 58.13% rented, while 7.92% are vacant. North Hollywood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Hollywood real estate agent to arrange a tour today!
North Hollywood 91602 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
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