New Construction
Address
5540 LEXINGTON Avenue Los Angeles, CA
Price
$ 2,350,000
Property Attributes
  • MLS#0019447204
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90038
  • Style
  • Price$ 2,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Bruce Jay Associates
Property Description

R4 T4, NEED WE SAY MORE?? Check with City, poss New Construction without parking = More Units!... ...HIGH DEMAND LOCATION! DEVELOPMENT SITE WITH NEIGHBORING PROPERTY OR A GREAT 4 UNIT INVESTMENT!!! OWNER NEXT DOOR MAY COOPERATE!! THIS IS ONE LOT + POTENTIALLY THE NEIGHBOR LOT MAKES THIS A REMARKABLE OFFERING...R4 DEVELOPMENT SITE...BUY NOW, ENJOY THE INCOME, DEVELOP WHEN YOU ARE READY TO DO SO!! DO NOT DISTURB OCCUPANTS.....SOLD FOR LAND VALUE.....The LEXINGTON DEVELOPMENT SITE is a Remarkable Opportunity.....Owner next door may consider selling as well!.....Reports indicate R4-1VL Zoning TIER 3 on 7.494 Square Feet of Land.....Currently a 4 Unit Apartment Building, all month to month tenancies.....Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell at just a tad over $300 Per Square Foot! Great Opportunity for an R4 Building Site!

Price History
9/16/2020 Listed $2,350,000

General Features

MLS Area C20 - Hollywood
Parking Features Parking Space
Senior Community Y/N No
Zoning LAR4

Exterior Features

Land Lease Type Fee
Lot Size Acres 0.17
Lot Size Area 7494.0
Lot Size Square Feet 7494.0
Lot Size Units Square Feet
Numberofunitsbuildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90038

Price
AVG $2.82M
$2.35M
Visits
AVG 39
2
Year Built
AVG 1952
1917
Walkscore
AVG 90
91
Data Provided by Walkscore ® not using MLS data

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