4427 Bakman Avenue, Studio City, California 91602, Studio City, 91602 - 2 bed, 1 bath
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Studio City, California 91602
This property presents a High-Potential Investment Opportunity with a List Price of $1,265,000—positioned above the $1,204,670 Fair Market Value by 5%. While the property requires significant capital expenditure due to its Condition Rating of 5, the 6,424 sqft lot in a prime Studio City location offers substantial development upside. Proximity to major studios and Tujunga Village ensures long-term rental demand. This asset is a strategic acquisition for Fix-and-Flip Investors or Developers capable of executing a comprehensive renovation or full-scale rebuild.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4427 Bakman Avenue Subject | $1,265,000* List Price | 2 | 1 | 1,047 | $1,151 | - |
A 10729 Aqua Vista Sold | $1,275,000 | 2 | 1 | 1,289 | $989 | 0.9 mi |
B 11247 Acama Street Sold | $1,390,000 | 2 | 2 | 1,096 | $1,268 | 0.3 mi |
C 4709 Camellia Avenue Active | $1,095,000 List Price | 2 | 1 | 1,014 | $1,080 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1937 (87 years old) with no mentioned renovations, this property is explicitly marketed as a 'Fixer! Fixer! Fixer!' Interior images show dated systems, worn flooring, and visible structural cracks in the laundry area, indicating a need for a complete rehab or potential tear-down to realize land value.
The property boasts an exceptional location within walking distance to Tujunga Village's boutiques, Woodbridge Park, and the famous Aroma Café, offering a high-quality lifestyle.
Ideally situated near Universal Studios, Disney, Warner Bros., and the future Netflix campus, making it a strategic investment for entertainment industry professionals.
With a 6,424 square foot lot in a prestigious Studio City neighborhood, the property provides a significant opportunity for a complete rebuild or a major luxury expansion.
Explicitly marketed as a major fixer-upper, the 1937 structure requires extensive and costly renovations to address significant deferred maintenance.
The current 2-bedroom, 1-bathroom configuration and 1,047 square footage are undersized for the price point, likely requiring a total redevelopment to meet modern market demands.
Fixer! Fixer! Fixer! This 1937 charmer has lived a full life and isn't shy about showing it. It comes with all the character you'd expect... and enough projects to keep even the most ambitious flipper-dreamer on his toes for a long period of time! Whether you envision restoring a classic , or more realistically creating something entirely new, what is unbeatable and you can't change is the phenomenal location. Stroll to Tujunga Village's exotic funky boutiques, or cross the street to Woodbridge Park (for kids' fun time,) to world famout Aroma Café, you're just minutes to Universal Studios, City Walk shops, restaurants & entertainment, to the enormous Weddington Park (for dog lovers!). A short drive to popular Lakeside Golf Course, to major studios such as Disney, Warner Bros. and the future Netflix campus (formerly CBS Studios). Folks, if this 1937 sweetheart house could talk, it would have some incredible stories to tell about this desirable neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,047 | 2,360 |
| Lot Size | 6,424 | 7,887 |
| Price | $1.26M | $2.12M |
| Price per sq ft | $1.2K | $877 |
| Built year | 1937 | 1953 |
| HOA | $0 | $0 |
| Days on market | 29 | 63 |
Jun 23, 2026
$1,265,000
Initial Listing