Active

5067 Bakman

NORTH HOLLYWOOD CA, 91601

$2,075,000


$173.29 per sqft

Active

25 Beds

25 Baths

11,974 sqft

Residential

Built in 1938

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.

SR25039307MR

MLS ID

February 21, 2025

Listed

February 22, 2025

Updated

Interior Features

Total Stories

6


Bedrooms

25


Total Bathrooms

25


Full Bathrooms

25


Laundry Description

Inside


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Sewer

Public Sewer

School Information

School District

Los Angeles Unified

Other Property Details

Area Name

North Hollywood


Days on Market

1


Garage

Yes


Garage Spaces

4


Parking Total

4


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None

Listed by Sarit Cohen with Equity Union
Listing Contact: 323-617-1063 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor True Story Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/22/2025

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