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Multifamily

7225 Bakman Ave

7225 Bakman Ave, Los Angeles, CA 91352

Listing Price: $1,375,000

Cap Rate
4.20%
Number of Units
6
Price/Unit
$229,167
Price/Gross SF
$216.57
Gross SF
6,349

Investment Overview

A 6,349 square foot six-unit apartment building located at 7225 Bakman Ave Sun Valley, CA 91352 with a solid cash flow in-place and a CAP rate of 4.39% on current income. This is an ideal value add investment opportunity with current rents below market and current loss-to-lease of 32% and a Pro Forma CAP rate of 7.39%; at the asking price, the property is being offered at a low $217 PSF. The subject property has a desirable unit mix made up of four 3-bedrooms, one 1-bedroom, and one 2-bedroom. Thoughtful unit layouts maximize natural light and above average living square footage throughout. All units come with air conditioning and the building is separately metered for gas and electricity allowing an investor easy management of the property. Located in the Sun Valley neighborhood of the San Fernando Valley, between the 5 FWY, 170 FWY and 134 FWY with many nearby parks. Located one block from Sun Valley Magnet School and only a short walking distance to Costco, Home Depot, and Fedex.

Investment Highlights

  • A 6,349 square foot six-unit apartment building located at 7225 Bakman Ave Sun Valley, CA 91352 with a solid cash flow in-place and a CAP rate of 4.39% on current income
  • Three of the six units will be delivered vacant allowing the new ownership to immediately capture market rents
  • The building sits on a fully gated 6,398 sf lot that features 10 covered parking spaces (5 in the front and 5 in the rear)
  • This is an ideal value add investment opportunity with current rents below market and current loss-to-lease of 32% and a Pro Forma CAP rate of 7.39%; at the asking price, the property is being offered at a low $217 PSF
  • The subject property has a desirable unit mix made up of four 3-bedrooms, one 1-bedroom, and one 2-bedroom. Thoughtful unit layouts maximize natural light and above average living square footage throughout.
  • Located in the Sun Valley neighborhood of the San Fernando Valley, between the 5 FWY, 170 FWY and 134 FWY with many nearby parks. Located one block from Sun Valley Magnet School and only a short walking distance to Costco, Home Depot, and Fedex.
  • The building is separately metered for gas and electricity allowing an investor easy management of the property. All units come with air conditioning.

Exclusively Listed By

  • Neema Ahadian

    Senior Managing Director Investments

    (310) 909-5444

    Email Neema

    License(s): CA: 01346750

    West Los Angeles

  • Leonardo Laterza

    Senior Associate

    Email Leonardo

    License(s): CA: 01861324

    West Los Angeles

Financing By

Multifamily

7225 Bakman Ave

Listing Price: $1,375,000

Cap Rate
4.20%
Number of Units
6
Price/Unit
$229,167
Price/Gross SF
$216.57
Gross SF
6,349

Investment Highlights

  • A 6,349 square foot six-unit apartment building located at 7225 Bakman Ave Sun Valley, CA 91352 with a solid cash flow in-place and a CAP rate of 4.39% on current income
  • Three of the six units will be delivered vacant allowing the new ownership to immediately capture market rents
  • The building sits on a fully gated 6,398 sf lot that features 10 covered parking spaces (5 in the front and 5 in the rear)
  • This is an ideal value add investment opportunity with current rents below market and current loss-to-lease of 32% and a Pro Forma CAP rate of 7.39%; at the asking price, the property is being offered at a low $217 PSF
  • The subject property has a desirable unit mix made up of four 3-bedrooms, one 1-bedroom, and one 2-bedroom. Thoughtful unit layouts maximize natural light and above average living square footage throughout.
  • Located in the Sun Valley neighborhood of the San Fernando Valley, between the 5 FWY, 170 FWY and 134 FWY with many nearby parks. Located one block from Sun Valley Magnet School and only a short walking distance to Costco, Home Depot, and Fedex.
  • The building is separately metered for gas and electricity allowing an investor easy management of the property. All units come with air conditioning.

Investment Overview

A 6,349 square foot six-unit apartment building located at 7225 Bakman Ave Sun Valley, CA 91352 with a solid cash flow in-place and a CAP rate of 4.39% on current income. This is an ideal value add investment opportunity with current rents below market and current loss-to-lease of 32% and a Pro Forma CAP rate of 7.39%; at the asking price, the property is being offered at a low $217 PSF. The subject property has a desirable unit mix made up of four 3-bedrooms, one 1-bedroom, and one 2-bedroom. Thoughtful unit layouts maximize natural light and above average living square footage throughout. All units come with air conditioning and the building is separately metered for gas and electricity allowing an investor easy management of the property. Located in the Sun Valley neighborhood of the San Fernando Valley, between the 5 FWY, 170 FWY and 134 FWY with many nearby parks. Located one block from Sun Valley Magnet School and only a short walking distance to Costco, Home Depot, and Fedex.

Exclusively Listed By

  • Neema Ahadian

    Senior Managing Director Investments

    (310) 909-5444

    Email Neema

    License(s): CA: 01346750

    West Los Angeles

  • Leonardo Laterza

    Senior Associate

    Email Leonardo

    License(s): CA: 01861324

    West Los Angeles

Financing By

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