5143 Bakman 417, North Hollywood, California 91601, North Hollywood, 91601 - 1 bed, 1 bath
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North Hollywood, California 91601
This High-Potential Investment Opportunity is listed at a List Price of $387,500—positioned well above the $345,677 Fair Market Value by -12%. Featuring a Fair Condition Rating with noted interior wear, this unit requires cosmetic modernization to reach its full potential. Located in the vibrant NoHo Arts District, the property offers a Top-Floor layout with peek-a-boo views and two secured parking spaces. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5143 Bakman 417 Subject | $387,500* List Price | 1 | 1 | 617 | $560 | - |
A 5143 Bakman 308 Sold | $373,000 | 1 | 1 | 664 | $562 | 0.0 mi |
B 5045 Fair Avenue 2 Sold | $373,000 | 1 | 1 | 675 | $553 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old), this property falls into the >30y category. While the exterior and community amenities are well-presented, the interior bedroom photo shows significant wear and damage to the flooring. With no mention of recent renovations to the kitchen, baths, or systems, the unit likely requires a full cosmetic rehab and modernization.
Situated in a vibrant creative hub, the property offers exceptional walkability to major studios, the Metro station, and eclectic dining, making it ideal for industry professionals.
As a top-floor unit, this condo provides enhanced privacy with no neighbors above and features peek-a-boo views of the hills, adding a sense of openness to the living space.
The unit includes two secured parking spaces—a rare find for a one-bedroom—alongside a comprehensive amenity package including a pool, gym, and in-unit laundry hookups.
The association fee of $498.23 is relatively high for a 617-square-foot unit, which may impact the monthly affordability and overall investment yield for potential buyers.
With only 617 square feet of interior space, the unit is quite compact, which may pose challenges for buyers requiring a home office or significant storage solutions.
NoHo Arts District—one of the trendiest, most vibrant and creative hubs in Los Angeles! Here’s your chance to own an affordable unit in this coolest, highly sought-after neighborhood. This single-level, Top-Floor condo offers peek-a-boo views of the hills and a layout designed for easy living. The kitchen opens to the living and dining areas with a breakfast bar—perfect for chatting with guests while preparing coffee and donuts… The community checks all the boxes: sparkling pool, resting area with lounges, BBQ area, gym / fitness center, elevator, clubhouse, and secured garage parking. The location is hard to beat—close to the Television Academy, experimental theaters, the Actors Workshop, major studios: Universal, Disney, Warner Bros. etc., to dance studios, eclectic art shops, restaurants, and the Metro station. Just one block to the vast Tujunga Park (for dog lovers,) the YMCA, and the Amelia Earhart Library. A true NoHo gem with unbeatable convenience, vibes and energy all around. Laundry hook-up in unit. 2 parking spaces.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 617 | 1,118 |
| Lot Size | 32,055 | 203,527 |
| Price | $387.5K | $625.9K |
| Price per sq ft | $628 | $503 |
| Built year | 1988 | 1986 |
| HOA | $498.23 | $565 |
| Days on market | 17 | 66 |
Jul 5, 2026
$387,500
Initial Listing
Oct 14, 2011
$150,000
Public Record
Mar 31, 2003
$180,000
Public Record