North Hollywood, CA 91601,5067 Bakman AVE
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$ 1,750,000
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Price Dropped by $15.8M

5067 Bakman AVE North Hollywood, CA 91601

5,789 Sqft Lot


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25274578

HOA Y/N No

Year Built 1938

Lot Size 5,789 Sqft

Property Sub-Type Single Family Residence

Property Description

Prime location Investment Rare 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.

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


CRMLS – RECore
Listed by Sarit Cohen Equity Union 323-617-1063
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Colfax Charter Elementary

    Public | KG - 5

  • 10

    Valley View Elementary

    Public | KG - 5

  • 9

    Carpenter Community Charter

    Public | KG - 5

  • 9

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 9

    Robert Louis Stevenson Elementary

    Public | KG - 5

  • 8

    Rio Vista Elementary School

    Public | KG - 5

  • 8

    Toluca Lake Elementary

    Public | PK - 5

  • 8

    Bret Harte Elementary

    Public | KG - 5

  • 8

    Thomas Edison Elementary

    Public | KG - 5

  • 7

    Celerity Palmati Charter

    Public | KG - 8

  • 7

    Providencia Elementary

    Public | KG - 5

  • 7

    George Washington Elementary

    Public | KG - 5

  • 6

    Riverside Drive Charter

    Public | KG - 5

  • 6

    Monlux Elementary School

    Public | KG - 5

  • 6

    Celerity Cardinal Charter

    Public | KG - 8

  • 5

    Coldwater Canyon Elementary School

    Public | KG - 5

  • 5

    Burbank Boulevard Elementary

    Public | PK - 5

  • 5

    Victory Boulevard Elementary School

    Public | KG - 5

  • 5

    New Horizons Charter Academy

    Public | KG - 8

  • 5

    Lankershim Elementary School

    Public | KG - 5

Middle Schools 9
  • 7

    Walter Reed School

    Public | 6 - 8

  • 6

    Luther Burbank Middle School

    Public | 6 - 8

  • 5

    Madison Middle School

    Public | 6 - 8

  • 5

    Sun Valley Magnet

    Public | 6 - 8

  • 4

    Roy Romer Middle School

    Public | 6 - 8

  • 0

    Harvard-Westlake School

    Private | 7 - 12

  • 0

    Emerson Academy

    Private | 6 - 12

  • 0

    Off Campus Learning Center

    Public | 7 - 12

  • 0

    Magnolia Park

    Public | 6 - 12

High Schools 11
  • 8

    North Hollywood High School

    Public | 9 - 12

  • 6

    Ulysses Grant High School

    Public | 9 - 12

  • 3

    East Valley High School

    Public | 9 - 12

  • 2

    Jack London Community Day

    Public | 9 - 12

  • 0

    Jack London Continuation

    Public | 9 - 12

  • 0

    Coldwater Canyon Preparatory

    Private | 9 - 12

  • 0

    Valley Torah High School

    Private | 9 - 12

  • 0

    Valley Torah

    Private | 9 - 12

  • 0

    Valley Torah High School Girls' Division

    Private | 9 - 12

  • 0

    Amelia Earhart Continuation

    Public | 9 - 12

  • 0

    Monterey High (Continuation)

    Public | 9 - 12

School and business data provided by Attom Data.
Michael Humphries

Michael Humphries

Agent | License ID: 02108361

+1(562) 278-0822

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5067 Bakman AVE