5067 Bakman Avenue

North Hollywood, CA 91601

$2,499,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1938

calendar_month Built

Property Description

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.

Listing Information

List Price $2,499,000
Status Active
MLS SR24232595
HOA $0
Type Residential Income
Subtype Single Family Residence
Year Built 1938
Lot Size 5,788
Structure Size N/A
DOM 29
Courtesy Of Equity Union
Listing Agent Sarit Cohen DRE#02242185
Co-Listing Agent Lilach Depas DRE#01969911

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Sarit Cohen, Lilach Depas, Equity Union 323-617-1063. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 13th, 2024 at 7:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.