Keller Williams Realty - Jeff Menendez Homes
1/2
Listed By: Equity Union, 323-617-1063, Sarit Cohen
Local Realty Services Provided By: Keller Williams Realty Studio City
Overview
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$2,075,000
5067 Bakman, North Hollywood, CA 91601
25 Beds
25 Baths
11,974 sq ft
.13 ac
$2,075,000

5067 Bakman, North Hollywood, CA 91601

Estimation provided by Keller Williams Realty Inc.
25 Beds
25 Baths
11,974 sq ft
.13 ac
Active
For Sale

Property Description

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.

Property Details

Compare This Home
Overview
Property Type
Single Family Residence
Property Size
11,974 sq ft
Year Built
1938
Days on Site
35 Days
HVAC
Central Air
Parking
4 Parking Spaces
Jeff Menendez Homes
Corona/KW CA Premier
01855193

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $2,075,000
Principal + Interest
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Price & Tax History

Date
Event
Price
02/21/2025
Listed
$2,075,000
(+112.82%)
12/14/2018
Sold
$975,000
(+333.33%)
09/04/2001
Sold
$225,000
(+3.69%)
10/14/1998
Sold
$217,000
(+83.9%)
02/22/1995
Sold
$118,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$12,867
(+4.93%)
$994,500
Land 750,540 + Additions 294,854
2022
$12,263
(+1.24%)
$1,004,802
Land 721,397 + Additions 283,405
2021
$12,112
(+219.08%)
$1,004,802
Land 721,397 + Additions 283,405
2019
$3,796
(+4.21%)
$994,500
Land 714,000 + Additions 280,500
2017
$3,643
$292,115
Land 209,806 + Additions 82,309
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from NoHo Arts District Southwest-W
Car-Dependent Walkable Very Walkable
Jeff Menendez Homes
Corona/KW CA Premier
01855193

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