5540 Lexington Avenue Los Angeles, CA
$ 2,350,000
Property Attributes
  • MLS#19447204
  • TypeIncome
  • CityLos Angeles
  • AreaHollywood
  • Zip90038
  • Style
  • Price$ 2,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,494 SqFt
Listing Provided Courtesy Of:
Bruce Jay with 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
3/23/2019 Listed $2,250,000

General Features

Directions Use Google Maps...West of Western, North of Santa Monica
Listagentaor Beverly Hills/Greater LA
Listing Agent Bruce Jay - BRE#00559166
Listing Agent State License 00559166
MLS Area C20 - Hollywood
Parking Features Parking Space
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning LAR4

Exterior Features

Lot Size Area 7494.0000
Lot Size Square Feet 7494.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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

AVG $2.38M
AVG 67
Year Built
AVG 1957
AVG 90
Data Provided by Walkscore ® not using MLS data

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