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    5540 Lexington Ave

    Los Angeles, CA 90038
    • $2,350,000
    • STATUS: Active
    • ON SITE: 615 days
    • MLS #: 19-447204
    UPDATED: 48 min ago
    $2,350,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,334
      SQFT
    • $441
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:
    Area:

    School Ratings & Info

    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!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-27T23:42:42.357. 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.
    www.searchdesertrealestate.com/homes/92977616
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    5540 Lexington Ave Los Angeles, CA 90038

    • Price: $2,350,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 19-447204
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,334
    SQFT
    $441
    $/SQFT
    1917
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    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!
    Exterior Features

    Lot Size Area 7494 Other Structures Other Parking Garage Parking Space Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Other Equipment Other Heating Other

    Property Features

    Gross Income 0 Gross Operating Income 0 Like Units1 4 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of Bruce Jay DRE#00559166 of Bruce Jay Associates.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-27T23:42:42.357. 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.
     
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