
North Hollywood, California 91601
This Modern 2-Bedroom Condo is a Strong Value Opportunity, listed at $699,000—positioned well below the $667,114 Fair Market Value by -4%. While the list price reflects a premium, the property maintains a Good Condition Rating and features high-end upgrades like concrete flooring, Lutron motorized shades, and dual primary suites. Its turnkey status and resort-style amenities, including a fitness center, offer a sophisticated lifestyle. This property is an ideal acquisition for Owner-Occupants seeking urban convenience or first-time buyers prioritizing a modern, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5016 Bakman Avenue 104 Subject | $689,000* List Price | 2 | 3 | 1,350 | $490 | - |
A 5016 Bakman Sold | $699,000 | 2 | 3 | 1,470 | $476 | 0.0 mi |
B 5016 Bakman Avenue 202 Sold | $690,000 | 2 | 3 | 1,440 | $479 | 0.0 mi |
C 5016 Bakman Avenue 401 Sold | $745,000 | 3 | 3 | 1,600 | $466 | 0.0 mi |
D 4821 Bakman Avenue 405 Sold | $679,000 | 3 | 2 | 1,360 | $499 | 0.2 mi |
E 4805 Bellflower Avenue 108 Sold | $645,000 | 2 | 2 | 1,160 | $556 | 0.3 mi |
F 11124 Burbank Boulevard 212 Sold | $585,000 | 3 | 3 | 1,300 | $450 | 0.7 mi |
G 4805 Bellflower Sold | $675,000 | 2 | 2 | 1,220 | $553 | 0.3 mi |
H 10916 Huston Street 102 Sold | $628,000 | 2 | 3 | 1,424 | $441 | 0.5 mi |
I 5016 Bakman 404 Active | $699,000 List Price | 2 | 3 | 1,400 | $499 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008 (16 years old), the property falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready, featuring a contemporary kitchen with stainless steel appliances, updated concrete flooring, and modern ensuite bathrooms.
The unit features contemporary concrete flooring, Lutron motorized window shades, and updated industrial-style fixtures, providing a sophisticated, move-in-ready aesthetic.
Both spacious bedrooms include their own modern ensuite bathrooms with dual vanities, offering maximum privacy and convenience for roommates or guests.
Listed at $699,000, the property is priced below its 2022 sale price of $720,000, offering a competitive entry point into a desirable North Hollywood location.
The secured underground parking is in a tandem configuration, which can be less convenient for multi-car households compared to side-by-side spaces.
The association fee of $570 per month is relatively high, which may impact the overall monthly carrying costs and affordability for some buyers.
Welcome to 5016 Bakman Ave., 104 - a stylish 2-bedroom, 3-bathroom ground-floor condo offering 1,350 sq ft of refined living space in the heart of North Hollywood. An open-concept layout welcomes you with a light-filled living area, enhanced by updated concrete flooring, recessed lighting and a tasteful modern color palette. A large glass slider extends the living space outdoors to a private patio, creating a seamless indoor-outdoor flow ideal for relaxing or entertaining. The contemporary kitchen is designed with both form and function in mind, featuring stainless steel appliances, an upgraded industrial-style faucet and abundant cabinetry for exceptional storage. A convenient guest bathroom includes full-size stackable laundry hookups for added practicality. Both spacious bedrooms feature their own modern ensuite bathrooms, each appointed with dual vanities for comfort and convenience. Additional highlights include Lutron motorized window shades in the living room and kitchen, secured underground tandem parking and guest parking within the complex. Residents enjoy resort-style community amenities including a fully equipped fitness center with free weights, machines and treadmills. Ideally located near shopping, dining and public transportation - this gem offers exceptional urban convenience with a modern lifestyle appeal. Welcome home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,350 | 1,118 |
| Lot Size | 25,708 | 203,527 |
| Price | $689.0K | $625.9K |
| Price per sq ft | $510 | $503 |
| Built year | 2008 | 1986 |
| HOA | $570.0 | $565 |
| Days on market | 36 | 66 |
Jul 1, 2026
$689,000
$699,000
-1% Price Drop
Initial Listing
Jun 16, 2026
$699,000
Initial Listing
Mar 16, 2022
$720,000
Public Record
Apr 25, 2014
$365,000
Public Record
Feb 22, 2012
$364,000
Public Record