7347 Bakman Avenue, Sun Valley, CA 91352

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Sold Price
$875,000
List Price
$930,000
Closing Date
Oct 24, 2025
Status
CLOSED
MLS#
CV25093551
Year Built
1953
Lot Size
6,252
Acres
0.14
Lot Location
0-1 Unit/Acre
Days on Market
141
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

This exceptional investment opportunity features four well-maintained units, each offering 2 bedrooms and 1 bathroom, with approximately 808 square feet of living space per unit. The property comes with approved plans from the City of Los Angeles for the addition of two ADUs, each designed as a 1-bedroom unit with approximately 450 square feet, providing tremendous potential for increased rental income. The main building and car port boast brand new roofs, and the electrical panel was upgraded approximately three years ago, ensuring modern infrastructure for future ownership. A coin-operated laundry room adds additional convenience and income potential. All units are currently occupied by long-term tenants, offering immediate cash flow. Ideally located near schools, shopping, public transportation, and major freeways, this property combines stability, growth potential, and an unbeatable location. Do not miss the chance to expand your investment portfolio with this rare offering featuring built-in upside and strong rental demand.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$60,800
Operating Expense
22200

Listing courtesy of Listing Agent: Tracy Dennett (tracydennett@outlook.com) from Listing Office: JOHNHART CORP.

Listing sold by Yuriy Adamyan from Park Regency Realty

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.