5143 Bakman 308, North Hollywood, California 91601, North Hollywood, 91601 - 1 bed, 1 bath
5143 Bakman 308
North Hollywood, California 91601
Property Price
SUMMARY
Analysis of 5143 Bakman 308, North Hollywood, California 91601 is currently available with a list price of $379,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the North Hollywood Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained and move-in ready, featuring some notable updates such as bamboo flooring, granite countertops, and stainless steel appliances. However, it retains several original 1988 features, including dated oak cabinetry in the kitchen and bathroom, as well as older gold-tone fixtures. Built 36 years ago, it fits the 'fair' criteria as an aged home that has undergone occasional updates rather than a comprehensive modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Arts District Location
Situated in the heart of the North Hollywood Arts District, the property offers exceptional walkability to theaters, dining, shopping, and local parks.
- Architectural Appeal
The unit features dramatic vaulted ceilings and elegant bamboo flooring, creating a modern and airy atmosphere that makes the space feel larger.
- Commuter's Paradise
Excellent proximity to the Metro Redline, major bus lines, and freeway access provides a centralized hub for easy commuting across Los Angeles.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The monthly association fee of $498 is relatively high for a one-bedroom unit of this size, which may impact overall monthly affordability for some buyers.
- Lack of In-Unit Laundry
The property relies on a community laundry room rather than having in-unit hookups, which is a common inconvenience for modern condominium buyers.
- Limited Square Footage
With only 664 square feet of living space, the unit is quite compact, potentially limiting storage options and furniture layout flexibility.
About 5143 Bakman 308
Move-in ready! North Hollywood Arts District! Walking distance to restaurants, theaters, shopping, North Hollywood Park, Valley Village Park. Centralized location to transportation, Metro Redline, Bus stops and freeways. Enjoy family-oriented living in prestigious Bakman Towers. Gated secure building with key entry & elevators for safety & peace of mind. Complex offers beautiful sparking pool and BBQ area. Fitness Center, community laundry room. Entertainers Delight! Formal living room with cozy gas fireplace. Elegant wood bamboo floors & Dramatic vaulted ceilings. Sliding doors to open balcony to overlook city lights at night. Convenient amenities include easy access to dishwasher, Central A/C & Heating. Complex is pet friendly. Secured parking with gated area. All appliances included
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 32,055 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $498.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 23% |
| Baths | 1.0 | 3.0 | 31% |
| Square foot | 664 | 1,233 | 15% |
| Lot Size | 32,055 | 19,985 | 85% |
| Price | $379.0K | $628.0K | 15% |
| Price per sq ft | $571 | $507 | 85% |
| Built year | 1988 | 1988 | 50% |
| HOA | $498.0 | $450 | 54% |
| Days on market | 20 | 129 | 15% |
Pricing History
Listed for Sale
Feb 14, 2026
$379,000
Initial Listing
Sold
Sep 19, 2018
$369,000
Public Record
Sold
Sep 11, 2014
$275,000
Public Record
Sold
Feb 17, 2010
$158,000
Public Record
Sold
Jun 28, 2006
$334,000
Public Record
Sold
Jul 10, 2003
$166,000
Public Record