Sun Valley, CA 91352 7347 Bakman Avenue

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Presented By: Tracy Dennett with JOHNHART CORP; 626-922-3094
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# CV25093551
  • 05/01/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 3,232

Home Details

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 boasts a brand new roof, 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.
Presented By: Tracy Dennett with JOHNHART CORP; 626-922-3094

Interior Features for 7347 Bakman Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 7347 Bakman Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CitySun Valley
Community FeaturesStreetLights, Suburban, Sidewalks
ContingencySeller participating in 1031 exchange.
CountyLos Angeles
DirectionsIn between Saticoy St and Sherman Way
Electric Expense1184.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense305.0
Garage Spaces0.0
Garage Y/NNo
Gross Income60800.0
HOANo
Home Warranty Y/NNo
Insurance Expense1931.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet6252.0
Lot Size UnitsSquareFeet
MLS AreaSUNV - Sun Valley
MobileHomeRemainsYNNo
Net Operating Income38597.0
New ConstructionNo
Number Of Units Total4
Operating Expense22200.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot22
Trash Expense0.0
Water Sewer Expense6133.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLAR3

Exterior for 7347 Bakman Avenue

Building Area Total3232.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1435
Lot Size Area6252.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters0
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $975,000
MLS#CV25093551
List Date 05/01/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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