4455 Bakman Avenue

    Studio City, CA 91602
    • $1,995,000
    • STATUS: Active Under Contract
    • ON SITE: 34 days
    • ID#: SR20045330
    Under Contract
    UPDATED: 42 min ago
    $1,995,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,206
      SQFT
    • $383
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Superb Studio City opportunity on this prime 6-unit investment. Three-bedroom, two bath single-family detached home plus five additional apartments make this an attractive acquisition for an-owner user, investor or a wonderful location to park your 1031 funds. So much upside potential. Wonderful upgrades include brand new electrical panels for all units, new water heater for main house, copper plumbing & new landscape & sprinkler system in front creating a pleasing first impression. 4 - one-car garages plus 7 additional parking spaces. Amazing corner lot locale close to all. Walk to Woodbridge park or Tujunga Village & all its quaint shops & yummy eateries. FWY close affords you & your tenants easy access to all studios, Hollywood or Downtown. Don't miss the rare opportunity!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T07:28:21.117. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

    www.inlandempiresold.com/homes/103754158

    4455 Bakman Avenue Studio City, CA 91602

    • Price: $1,995,000
    • Status: Active Under Contract
    • Updated: 42 min ago
    • ID#: SR20045330
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    5,206
    SQFT
    $383
    $/SQFT
    1958
    Built
    Neighborhood:
    STUD - Studio City
    County:
    Los Angeles
    Area:
    STUD - Studio City
    Property Description
    Superb Studio City opportunity on this prime 6-unit investment. Three-bedroom, two bath single-family detached home plus five additional apartments make this an attractive acquisition for an-owner user, investor or a wonderful location to park your 1031 funds. So much upside potential. Wonderful upgrades include brand new electrical panels for all units, new water heater for main house, copper plumbing & new landscape & sprinkler system in front creating a pleasing first impression. 4 - one-car garages plus 7 additional parking spaces. Amazing corner lot locale close to all. Walk to Woodbridge park or Tujunga Village & all its quaint shops & yummy eateries. FWY close affords you & your tenants easy access to all studios, Hollywood or Downtown. Don't miss the rare opportunity!!
    Exterior Features

    Garage Spaces 4.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 11.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Appliances Gas Oven Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring Wood Heating Central Heating YN Yes Laundry Features Common Area Room Type KitchenLiving Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Street Lights Country Us Electric Expense 2400.00 Elevation Units Feet Fuel Expense 1080.00 Gardener Expense 1200.00 Gross Income 104224.00 Gross Scheduled Income 104224.00 Insurance Expense 2700.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 3600.00 Laundry YN Yes Net Operating Income 73224.00 New Construction YN No New Taxes Expense 24938.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Number Of Units Leased 6 Operating Expense 31000.00 Operating Expense Percent 30.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Expenses 37478.00 Trash Expense 2760.00 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 2400.00 Water Source Public Year Built Source Assessor Zoning Lar1

    Listing provided courtesy of Marc Tahler of Rodeo Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T07:28:21.117. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

     
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