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$875,000
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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.
Full Property Details
Full Property Details for 7347 Bakman Ave
General
- Sold For: $875,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV25093551
- Added to Site: 303 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: SUNV - Sun Valley
- County: Los Angeles
- Development Name: SUNV - Sun Valley
- Driving Directions: In between Saticoy St and Sherman Way
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: 1
- Square Feet: 3,232
- Year Built: 1953
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1435
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $270.73
- Price Per Unit: 232500
Listed by Johnhart Corp, Tracy Dennett
Sold by Park Regency Realty, Yuriy Adamyan
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Schools
Schools serving 7347 Bakman Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Camellia Avenue Elementary School 7451 Camellia Ave., Los Angeles, CA 91605 | K-5 | 0.3 mi |
Sun Valley Engineering And Technology Magnet 7330 Bakman Ave., Los Angeles, CA 91352 | 6-8 | 0 mi |
North Hollywood Senior High School 5231 Colfax Ave., Los Angeles, CA 91601 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7347 Bakman Ave
Date
Details
Price
Change
Source
10/24/2025
Sold
$875,000
-5.91%
MLS
8/20/2025
Price Reduced
$930,000
-2.62%
MLS
6/04/2025
Price Reduced
$955,000
-2.05%
MLS
5/01/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7347 Bakman Avenue, Los Angeles, CA 91352 (MLS# CV25093551) is a Multi-Family property that was sold at $875,000 on October 24, 2025. Want to learn more about 7347 Bakman Avenue? Do you have questions about finding other Multi-Family real estate for sale in Sun Valley? You can browse all Sun Valley real estate or contact a Coldwell Banker agent to request more information.

