5016 Bakman Avenue 401, North Hollywood, California 91601, North Hollywood, 91601 - 3 bed, 3 bath
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North Hollywood, California 91601
This Spacious Modern Condominium is a Prime Investment Opportunity listed at $730,000—positioned well below the $763,328 Fair Market Value by 4%. This valuation gap offers $33,328 in Instant Equity. Boasting a Good Condition Rating, the 1,600 sqft top-floor unit features city skyline and mountain views, a Level 2 EV charger, and luxury auto-bidets. Located in the vibrant NoHo Arts District near major studios, it perfectly balances urban connectivity with modern convenience. This is an ideal acquisition for Owner-Occupants or entertainment professionals seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5016 Bakman Avenue 401 Subject | $730,000* List Price | 3 | 3 | 1,600 | $477 | - |
A 4821 Bakman Avenue 405 Sold | $679,000 | 3 | 2 | 1,360 | $499 | 0.2 mi |
B 11124 Burbank Boulevard 212 Sold | $585,000 | 3 | 3 | 1,300 | $450 | 0.7 mi |
C 11253 Peach Grove 102 Sold | $873,950 | 4 | 4 | 1,780 | $491 | 0.1 mi |
D 4805 Bellflower Sold | $675,000 | 2 | 2 | 1,220 | $553 | 0.3 mi |
E 5017 Cartwright 3 Sold | $762,000 | 4 | 3 | 1,656 | $460 | 0.7 mi |
F 10916 Huston Street 102 Sold | $628,000 | 2 | 3 | 1,424 | $441 | 0.5 mi |
G 11124 Burbank Boulevard 311 Active | $650,000 List Price | 3 | 3 | 1,320 | $492 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this property fits the 'good' criteria as it is between 10 and 20 years old and appears very well-maintained. The kitchen is move-in ready with stainless steel appliances and contemporary cabinetry, while the bathrooms feature modern upgrades like floating vanities and luxury auto-bidets. The unit includes functional major systems such as central HVAC and a Level 2 EV charger, with flooring and light fixtures showing minimal wear and tear.
Situated in the heart of the NoHo Arts District, the property offers exceptional walkability to theaters, dining, and the Metro, providing a highly connected and vibrant lifestyle.
The unit features high-demand upgrades including a Level 2 EV charger, in-unit laundry, and luxury auto-bidets, catering perfectly to the needs of modern, tech-savvy buyers.
With 1,600 square feet of living space, this 3-bedroom residence provides a generous layout that is significantly larger than many competing urban condominiums in the area.
The two assigned parking spaces are in a tandem configuration, which can be a logistical inconvenience for multi-car households compared to side-by-side parking.
The $570 monthly association fee represents a significant recurring cost that may impact the overall affordability and purchasing power for some buyers.
Somewhere in the urban, electric heartbeat of the NoHo Arts District sits 5016 Bakman Ave #401, a 3-bedroom, 2.5-bath hideout with just enough polish to look civilized and just enough personality to keep things interesting. Sixteen hundred square feet of living space gives you room to spread out, central heat and air keep the temperature civilized, and laundry in the unit means you never have to negotiate with strangers over quarters again. The bedroom bathrooms come equipped with auto-bidets a level of luxury you didn't know you needed until you have it and can never go back. There are two tandem parking spaces, guest parking for your visiting conspirators, a Level 2 30-amp EV charger for the future, and a private storage closet for all the things you swear you'll organize someday. There's even a gym on the property, should you suddenly decide to become the kind of person who uses a gym regularly. Outside, the NoHo Arts District hums with theaters, coffee shops, restaurants, and North Hollywood Park just a few blocks away. The Metro is nearby and the 101, 134, and 170 freeways are close enough to disappear onto at a moment's notice, putting Hollywood, Downtown LA, Studio City, Burbank, and the rest of the city within easy reach. It's comfortable, connected, slightly chaotic in the best Los Angeles way, and exactly where you want to be.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,600 | 1,300 | 77% |
| Lot Size | 25,708 | 19,985 | 69% |
| Price | $730.0K | $675.0K | 69% |
| Price per sq ft | $456 | $512 | 23% |
| Built year | 2008 | 1988 | 85% |
| HOA | $570.0 | $498 | 77% |
| Days on market | 19 | 141 | 8% |
Apr 3, 2026
$730,000
Initial Listing
May 30, 2019
$674,500
Public Record
Mar 22, 2012
$425,000
Public Record