NOT LISTED FOR SALE

5110 Bakman Ave North Hollywood, CA 91601

North Hollywood Neighborhood
20 Beds
20 Baths
8,064 Sq Ft
0.39 Acres

Last Sold May 15, 2018

Last sale price $4,100,000 $508 Per Sq Ft

40 Days on Market

About This Home

As of May 2018

$400,000 Reduction. Motived Seller. Bring all offers. 16,874 sq. ft. R-4 Zoned development opportunity is located in the heart of the NoHo Arts District, 20 minutes from Downtown L.A. Presently a 20 unit building, built in 1956. It is located south of Magnolia, North of Camarillo between Lankershim and Tujunga Ave. Property lies withing the TOC (Transit Oriented Communities Program) that allows for site to be developed for up to 72 units, if used. Buyer to verify with City. Rare opportunity to construct a high density build near a major transit system. (Metro/Subway) Very trendy area. Walk score is 93. Next to a park, steps from restaurants, coffee houses, cinemas, outdoor cafes. 2.5 miles from Universal Studios.

Last Agent to Sell the Property

Kathleen Smith

Rodeo Realty License #01487711 Listed on: 02/01/2018

Rodeo Realty

Last Buyer's Agent

ALICIA BURRUEL

License #01207810

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.39 Acre Lot

Home Design

  • 8,064 Sq Ft Home

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 20 Bathrooms

Parking

  • 20 Parking Spaces
  • Assigned Parking

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 2353-003-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8064
  • Year Built: 1956
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 20
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 20.00
  • Den: 0
  • Price Per S Q F T: 595.24

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 20

Lot Info

  • Assessed Improvement Value: 302459
  • Assessed Land Value: 203427
  • Assessor Parcel Number: 2353-003-015
  • Geocode Override: No
  • Lot Size Area: 16875

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 29.50
  • Number Of Units: 20
  • Total Annual Expense: 38240
  • Type Of Units: Studio, 1
  • Vacancy Rate: 100

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $4,100,000 -14.6% $508 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/06/2018 03/06/18 Price Changed $4,800,000 -7.7% $595 / Sq Ft
02/01/2018 02/01/18 For Sale $5,200,000 -- $645 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kathleen Smith

    Seller's Agent in 2018

    Kathleen Smith

    Rodeo Realty

    (310) 407-9880

    3 Total Sales

    Kathleen Smith
    Section Image

  • A

    Buyer's Agent in 2018

    ALICIA BURRUEL

  • N

    Buyer's Agent in 2018

    Nir Paz

See All Agents

Map

Source: The MLS

MLS Number: 18-310422

The MLS
California Los Angeles County North Hollywood 91601 North Hollywood

5110 Bakman Ave, North Hollywood, CA

This home is located at 5110 Bakman Ave, North Hollywood, CA 91601 since 01 February 2018. This property was built in 1956. 5110 Bakman Ave is a home located in Los Angeles County with nearby schools including Lankershim Elementary School, Walter Reed Middle, and North Hollywood Senior High School.

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