Description

We are pleased to present for sale for the first time in over 50 years a true value-add opportunity located in the 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). 4454 Bakman Ave, the single-family residence, presents an exciting opportunity for customization and enhancement. The spacious house, approximately 1,440 sqft, on Bakman Ave boasts impressive features including three bedrooms with one (1) full bath and one (1) 3/4 bath, 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, approximately 3,334 sqft, are comprised of two (2) one-bedroom/one bath apartments and one (1) two-bedroom/one and 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 and one of the one bedroom/one bath apartment. Building to be sold in AS-IS condition. Drive-by only. Call listing agent for details. Seller Motivated. Submit.