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5636 Lexington Ave

Los Angeles, CA 90038
  • $2,250,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 21-788812
UPDATED: 32 min ago
$2,250,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,536
    SQFT
  • $1,465
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1908
County:
Area:

School Ratings & Info

Description

Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build 4 story 9 unit building or more with above ground garage. There is currently a 9 unit 4 story with above ground parking being built on the same block; with similar lot sqft and zoning. Area may allow for a density bonus. Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-29T06:42:36.4. 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/121874190
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5636 Lexington Ave Los Angeles, CA 90038

  • Price: $2,250,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 32 min ago
  • MLS #: 21-788812
4
Beds
0
Baths
0
½ Baths
0.17
Acres
1,536
SQFT
$1,465
$/SQFT
1908
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build 4 story 9 unit building or more with above ground garage. There is currently a 9 unit 4 story with above ground parking being built on the same block; with similar lot sqft and zoning. Area may allow for a density bonus. Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information.
Exterior Features

Lot Size Area 7501 Other Structures None Parking Garage Carport Pool Description None Pool YN No Spa None Spa YN No Style A-Frame Total Parking 2 View Description None View YN No

Interior Features

Baths Total 1.00 Common Walls Detached/No Common Walls Cooling Wall/Window Den No Dining Room No Equipment None Family Room No Fireplace Rooms None Flooring Other Heating None Laundry Laundry Area Rooms Dining Area

Property Features

Gross Income 43200 Gross Operating Income 0 Like Units1 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 1 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 0 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Danielle Peretz DRE#01897529 of The Agency.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-29T06:42:36.4. 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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