PRICE IMPROVEMENT/Motivate Sellers- 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.
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
Price:
$1,850,000
MLS #:
SR25061339
Status:
Active
Baths:
0
Address:
5067 Bakman Avenue
Type:
Residential Income
Subtype:
Single Family Residence
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Feb 21, 2025
State:
CA
ZIP:
91601
Lot Size:
5,788 sqft / 0.13 acres (approx)
Year Built:
1938
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Schools
Interior
Exterior
Community Features
Valley
Garage Spaces
0.00
Lot Features
Yard
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address5067 Bakman Avenue North Hollywood CA
- AreaNHO – North Hollywood
- CityNorth Hollywood
- CountyLos Angeles
- Zip Code91601
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5067 Bakman Avenue
North Hollywood, CA
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