We are pleased to present 7219 Bakman Ave - a six (6) unit multifamily investment opportunity located in the heart of Sun Valley, CA. Nestled between Glendale, Burbank, and North Hollywood, this apartment building boasts a prime location with easy access to major thoroughfares, shopping centers, entertainment hubs, and the Burbank Airport.

This well-maintained six-unit apartment building, built in 1957, consists of 3,600 SF of living area and is situated on a 6,401 SF lot zoned LAR3. The property offers an excellent value-add opportunity for a savvy investor to renovate the units and bring rents up to market value. The property boasts an excellent unit mix of Six (6) - 1 Bedroom and 1 Bath units. Additionally, the property has six tandem parking spaces
available on-site, for a total of 12 parking spaces. The property has gated entry and gated parking. This amenity ensures that residents have hassle-free access to secure parking, a sought-after feature in the Sun Valley area.

The property also achieves additional income from an on-site laundry room, which is an added bonus for a landlord and convenient for the tenants. Furthermore, gas and electrical are separately metered, ensuring minimal operation costs for the new owner. Landlord pays for the waste, sewer, and common area electrical.

For the first time on the market since 1995, 7219 Bakman Ave is competitively priced at $182,500 a unit and $304.17 per SF, making this an ideal investment opportunity for a value-add investor.

The fantastic location of the property, coupled with the unit mix and desirable amenities, positions this property for substantial rent growth. Smart investors will recognize the opportunity to maximize returns in this flourishing rental market.

PLEASE CONTACT ADRIAN STEPIEN FOR MORE INFO - astepien@primenetlease.com & 714-849-5947