Address
5540 Lexington Avenue Los Angeles, CA
Price
$ 2,350,000
Property Attributes
- MLS#19447204
- TypeIncome
- CountyLOS ANGELES
- 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 |
Amenities
- 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
Price
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of January 15, 2021 11:06 PM UTC This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
