Sold
Closed
5025 Klump Avenue
North Hollywood CA, 91601
$2,800,000
$102.94 per sqft
Sold
Closed
27,200 sqft
Condos
Built in 2024
Attention Investors & Developers: For Sale with RTI plans to build a 60 units Affordable Housing!!! Seller is open to Seller Financing with 25% downpayment and even 100% with cross collateral! Here is the opportunity to purchase a 11,249 Sq Ft LAR-4 TOC Tier3 lot in the heart of NoHo Arts District, walking distance to the metro station, restaurants, bars and some of the best entertainment NoHo has to offer! This property will be delivered with RTI plans to build 60 Affordable Housing Units built at grade with an easy type 5 construction. Buy it today at $2,995,000 entitled or RTI in 8-12 months at $4,995,000. Priced aggressively at under $83K/unit (or 50k/unit if purchased entitled now), this project is a bargain in today's LA market. One tenant is month to month.
SR23149373
MLSⓇ ID
August 10, 2023
Listed
October 17, 2024
Updated
Map
5025 Klump Avenue
North Hollywood CA, 91601
Interior Features
Total Stories
4
Laundry Description
Common Area
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.26 Acres
Lot Features
Rectangular Lot
Sewer
Public Sewer
Other Property Details
Area Name
NHO - North Hollywood
Days on Market
64
Garage
Yes
Garage Spaces
4
Parking Total
4
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR4
Listed by Aristide Buhoiu, Royal Estate Properties, CA DRE 01322666
Listing Contact: 818-445-4663
Based on information from the CRISNet MLS as of 10/17/2024, 5:29 PM UTC. 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. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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