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

5067 Bakman Avenue North Hollywood, CA 91601

3 Beds

5,788 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25274578

Bedrooms 3

Lot Size 5,788 Sqft

Property Sub-Type Res Income 2-4 Units

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 Hollywoods dynamic lifestyle. This property will be delivered with RTI plans, fully approved for the construction of a 25-unit developmentoffering 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. Dont miss the chance to capitalize on this rare offering in one of Los Angeless most sought-after neighborhoods.

Location

State CA

County Los Angeles

Zoning Public Rec

Direction .

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 2353014008

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange


MLS Router / San Diego MLS
Listed by Sarit Cohen Equity Union
Mike Althof

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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5067 Bakman Avenue