7225 Bakman Ave Los Angeles, CA 91352

A 6,349 square foot six-unit apartment building located at 7225 Bakman Ave Sun Valley, CA 91352 with a solid cash flow in-place and a CAP rate of 4.39% on current income This is an ideal value add investment opportunity with current rents below market and current loss-to-lease of 32% and a Pro Forma CAP rate of 7.39%; at the asking price, the property is being offered at a low $217 PSF Three of the six units will be delivered vacant allowing the new ownership to immediately capture market rents The building sits on a fully gated 6,398 sf lot that features 10 covered parking spaces (5 in the front and 5 in the rear) The subject property has a desirable unit mix made up of four 3-bedrooms, one 1-bedroom, and one 2-bedroom. Thoughtful unit layouts maximize natural light and above average living square footage throughout. The building is separately metered for gas and electricity allowing an investor easy management of the property All units come with air conditioning Located in the Sun Valley neighborhood of the San Fernando Valley, between the 5 FWY, 170 FWY and 134 FWY with many nearby parks Located one block from Sun Valley Magnet School and only a short walking distance to Costco, Homedepot, and Fedex.