$2,075,000

5067 Bakman Ave North Hollywood, CA 91601

$10,000
Closing credit¹
0.1 acres
House

Property details

About 5067 Bakman Ave

HUGE REDUCTION- 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.

Highlights

Home typeSingle Family Residence
StatusActive
Lot size0.1329 Acres
Year built1938
MLS #SR24232595

Summary

  • MLS Number: SR24232595
  • MLS Name: CRMLS
  • Office Name: Equity Union
  • Office Phone: (323) 617-1063
  • Listing Agent: Sarit Cohen

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,075,000

5067 Bakman Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 14, 2019
Home Sold
$975,000
Sep 06, 2001
Home Sold
$225,000
Oct 23, 1998
Home Sold
$217,000
Mar 30, 1995
Home Sold
$118,000

Tax history

YearAssessmentProperty Tax
2024$1,066,301$13,123
2023$1,045,394$12,867
2022$1,024,897$12,262
2021$1,004,802$12,112
2020$994,500$3,795
2019$297,957$3,725
2018$292,115$3,642
2017$286,389$3,642

History based on county public records data.

Nearby schools

4

Lankershim Elementary School

Public District KG-5

0.3 mi

5250 Bakman Ave

9

Colfax Charter Elementary

Public Charter KG-5

0.7 mi

11724 Addison St

6

Toluca Lake Elementary

Public District PK-5

1.0 mi

4840 Cahuenga Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,993. Residents of North Hollywood, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

38%
<35k
57%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

76%
Single, No Kids
5%
Single, with Kids
12%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
45%
18-34 yrs old
35%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5067 Bakman Ave

This home is located at 5067 Bakman Ave in North Hollywood, CA and zip code 91601 in the North Hollywood neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $2,075,000.

In March 2025 more than 302 listings in North Hollywood, CA were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 322 were sold below. The number of listings in North Hollywood, CA increased by 13.7% between February and March 2025. While the average time on the market in March 2025 was 39 days, the median list price was $940,937.

From Rocket Homes Real Estate and based on county public records data.

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