Sold

Closed

5025 Klump Avenue

North Hollywood CA, 91601

$2,800,000


$102.94 per sqft

Sold

Closed

27,200 sqft

Condo

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

September 28, 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 9/28/2024, 12:35 AM 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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