CA > North Hollywood
North Hollywood, CA 91601,5067 Bakman AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,075,000
Est. payment /mo
5,789 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25061339

HOA Y/N No

Year Built 1938

Lot Size 5,789 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR4

Interior

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Valley

Private Pool No

Building

Lot Description Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2353014008

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Sarit Cohen • Equity Union • 323-617-1063

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