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    5540 Lexington Avenue

    Los Angeles (City), CA 90038
    • $2,350,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 21702616
    UPDATED: 18 min ago
    $2,350,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,334
      SQFT
    • $441
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    DEVELOPER'S DREAM: R4 T4, NEED WE SAY MORE? New Construction WITHOUR PARKING REQUIRED = More Units to Build! Remarkable 4 Huge Units Investment Opportunity (all Month to Month)! Prime Hollywood Location! HIGH PRIME DEVELOPMENT OR A GREAT 4 UNIT INVESTMENT (Boasting 1,333++ Sq.Ft.Each Unit totaling 5,334 Sq. Ft.! BUY NOW, ENJOY THE INCOME, DEVELOP WHEN YOU ARE READY TO DO SO, BUT PLEASE DO NOT DISTURB THE OCCUPANTS. LAND VALUE ALONE makes this an Amazing Investment Choice! Separately metered for Electric & Gas plus a Huge Parking Court with Garages. Prime Re-Development Area with Construction Planned at neighboring properties! City Reports indicate R4-1VL Zoning TIER 3 on 7.494 Square Feet of Land...Located close to an Eclectic Variety of Dining & Hot Spots, as well as Schools. Bargain Priced to Sell at just a tad over $300 Per Square Foot! Truly a Great Opportunity for a somewhat rare R4 Building Site! Call for details! Thank you!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-07T18:36:45.687. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
    www.propertycove.com/homes/114886005
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    5540 Lexington Avenue Los Angeles (City), CA 90038

    • Price: $2,350,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: 21702616
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,334
    SQFT
    $441
    $/SQFT
    1917
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    DEVELOPER'S DREAM: R4 T4, NEED WE SAY MORE? New Construction WITHOUR PARKING REQUIRED = More Units to Build! Remarkable 4 Huge Units Investment Opportunity (all Month to Month)! Prime Hollywood Location! HIGH PRIME DEVELOPMENT OR A GREAT 4 UNIT INVESTMENT (Boasting 1,333++ Sq.Ft.Each Unit totaling 5,334 Sq. Ft.! BUY NOW, ENJOY THE INCOME, DEVELOP WHEN YOU ARE READY TO DO SO, BUT PLEASE DO NOT DISTURB THE OCCUPANTS. LAND VALUE ALONE makes this an Amazing Investment Choice! Separately metered for Electric & Gas plus a Huge Parking Court with Garages. Prime Re-Development Area with Construction Planned at neighboring properties! City Reports indicate R4-1VL Zoning TIER 3 on 7.494 Square Feet of Land...Located close to an Eclectic Variety of Dining & Hot Spots, as well as Schools. Bargain Priced to Sell at just a tad over $300 Per Square Foot! Truly a Great Opportunity for a somewhat rare R4 Building Site! Call for details! Thank you!
    Exterior Features

    Parking Features One Space

    Property Features

    Gross Income 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 Senior Community YN No Special Listing Conditions Standard Zoning Lar4

    Listing provided courtesy of Bruce Jay of Bruce Jay Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-07T18:36:45.687. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.
     
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