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$2,075,000

Beds
25
Baths
25.0
sq ft
11,974

5067 Bakman Ave, North Hollywood, CA 91601

5067 Bakman Ave

North Hollywood, CA 91601

  • 1 day on market
PRIME LOCATION INVESTMENT OPPORTUNITY IN THE HEART OF NoHo – RTI Plans for 25 Units! Attention investors and developers: an exceptional opportunity awaits to acquire an 11,974 sq ft R4-1VL lot in the coveted NoHo Arts District. This prime location offers unparalleled convenience, situated just steps from the Metro station, renowned dining, vibrant bars, and premier entertainment options that define North Hollywood’s dynamic lifestyle. This property will be delivered with RTI plans, fully approved for the construction of a 25-unit development—offering a streamlined path for development in a high-demand area. Complete project documentation will be available to serious buyers with qualifying offers. Additionally, the property can be delivered vacant, ensuring immediate access for development. Don’t miss the chance to capitalize on this rare offering in one of Los Angeles’s most sought-after neighborhoods. All projected figures, including potential income and expenses, are estimates based on future possibilities and are subject to change. These numbers are not guaranteed and should be independently verified. Buyer to conduct their own due diligence to confirm all information provided.

Details

Property type

Single Family Residence

Lot size

5,788 sq ft

Price per sq ft

$174

Year built

1938

HOA

No

Price History

02/22/2025
CRMLS

CRMLS #SR24232595

Removed
$2,075,000
02/21/2025
CRMLS

CRMLS #SR25039307

Listed
$2,075,000
02/19/2025
CRMLS

CRMLS #SR24232595

Price change
$2,075,000
-16.97%

Schools & Community

Neighborhood: 

North Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Status: Active

Tomo last checked: 02/22/2025 at 10:55 AM

Listing updated: 02/22/2025 at 6:54 AM

Listed by: Sarit Cohen, Sarit Cohen, Equity UnionEquity Union Phone #: (818) 989-2000

MLS: CRMLS #SR25039307

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