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For sale
  • Listing Provided by: 

    Sarit Cohen DRE #02242185 323-617-1063,

    Equity Union,

    Lilach Depas DRE #01969911 818-674-3374,

    Equity Union

    Price cut: $225K (5/8)
    $2,075,000

    5067 Bakman Ave, North Hollywood, CA 91601

    25beds
    11,974sqft
    : 
    Single Family Residence
    Built in 1938
    5,788 Square Feet Lot
    $1,952,900 Zestimate®
    $173/sqft
    $-- HOA

    What's special

    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.
    80 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: May 07, 2025 at 11:14pm

    Listing Provided by:

    Sarit Cohen DRE #02242185 323-617-1063,

    Equity Union,

    Lilach Depas DRE #01969911 818-674-3374,

    Equity Union

    Source: CRMLS,MLS#: SR25039307MLS LogoOriginating MLS: California Regional MLS
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    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 25
    • Bathrooms: 25
    • Full bathrooms: 25
    Rooms
    • Room types: All Bedrooms Down
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 11,974 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Levels: Multi/Split
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,788 Square Feet
    • Features: 21-25 Units/Acre
    Details
    • Parcel number: 2353014008
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Valley
    HOA
    • Has HOA: No
    Location
    • Region: North Hollywood

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $1,066,301
    • Annual tax amount: $13,124
    • Date on market: 2/21/2025
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