$2,499,000
For Sale

5067 Bakman Avenue

North Hollywood, CA 91601
0.13 acres | #SR24232595
Listing OfficeEquity Union
Browse 5 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Property Details
      • Property SubtypeSingleFamilyResidence
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$2,499,000
      • MLS #SR24232595
      • MLS #SR24232595
      • Cost2499000
      • Acres0.1329
      • Utility SourcePublic
      • Lot DescriptionYard
      • Year Built1938
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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