Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,255,000
Apartment buildings
5055 Bakman Ave North Hollywood, CA 91601-4247
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6400839
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
33,027 SF
Lot
0.5 ac (21,860 SF)
Zoning code
LAR4
APN
2353-014-046
UPID
US09-6400839
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Center In Company (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.26M
Owner & transaction history
Bakman Partners LP · 22 yrs held
Bakman Partners LP
since 2003
7 recorded transactions
Zoning & alternative use
LAR4 · North Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Hollywood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$68,311
Tax year 2024
Assessed value
$5,324,769
Assessed 2024
Previous assessed
$5,324,769
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$1,277,938
Assessed improvement
$4,046,831
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Units
33
Bathrooms
57
Total area
33,027 SF
Lot
0.5 ac (21,860 SF)
Zoning code
LAR4
APN
2353-014-046
UPID
US09-6400839
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LAR4 · North Hollywood, CA
Zoning LAR4 · permitted uses
LAR4 · North Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
33
Bathrooms
57
Lot
0.5 ac
Current owner
From public records · entity-resolved
Bakman Partners LP
Entity
Mailing address
1800 ARGYLE AVE, LOS ANGELES, CA 90028-5241
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2020
—
Bakman Partners LP
—
Deed
related
$169,521,038 · Bank Of America
Jul 30, 2003
—
Bakman Partners LP
920 N Stanley Parnters LLC
Grant Deed
$3,000,000 · Greystone Servicing Corp
Jan 31, 2003
—
920 N Stanley Partners LLC
Liao Investment LLC
Grant Deed
$3,000,000 · First Regional Bank
Feb 12, 2002
—
Invs Liao
Liao,y T
Quit Claim Deed
related
—
Sep 2, 1994
$461,500
Yiu T Liao
Rmk Trust
Grant Deed
—
Jun 17, 1993
$1,850,000
Morteza Keymaram
Coast Fed Mtg Co
Grant Deed
$1,480,000 · Coast Federal Bank
May 21, 1993
—
Coast Fed Mortgage Corp
—
Deed Of Trust
related
—
—
—
Bakman Partners
—
Deed Of Trust
related
$220,000 · Greystone Servicing Corp
—
—
Bakman Partners LP
—
Deed Of Trust
related
$3,195,500 · Greystone Servicing Corp
—
—
Bakman Partners LP
—
Deed Of Trust
related
$169,521,038 · Bank Of America
—
—
Liao Investments LLC
—
Deed Of Trust
related
$1,750,000 · Eastern International Bank
—
—
Bakman Partners
—
Deed Of Trust
related
$559,720 · Greystone Servicing Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5055 Bakman Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
