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5067 Bakman Avenue, North Hollywood, CA 91601
$2,499,000 Asking Price
$---/mo Est. Payment Get Prequalified »
11,974
sqft
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.
Features & Amenities
Interior
- Laundry:
- Inside
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 0
Construction
- General:
- 1
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- CRMLS
- County:
- Los Angeles
Lot
- Zoning:
- LAR4, 2353014008
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- CRMLS
This listing courtesy of:
Equity Union, Sarit Cohen
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About North Hollywood, CA
Housing
- Number of Units
- 59,776
- Median Home Value
- $659,587
- Median Rent
- $1,471
71.18% of housing units are renter occupied.
4.61% are vacant.
Commute
- Car
-
60.25%
- Public Transportation
-
3.85%
- Walk to Work
-
0.86%
- Work from Home
-
33.67%
- Other
-
0.91%
The median travel time to work is 23 minutes.
People
- Population
- 152,986
- Median Age
- 36.70
- Median Household Size
- 2.67
Education
- High School
-
18.35%
- Associate’s Degree
-
9.55%
- Bachelor’s Degree
-
24.85%
- Graduate Degree
-
8.29%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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