New Construction
Address
5540 Lexington Avenue Los Angeles, CA
Price
$ 2,350,000
Property Attributes
  • MLS#21702616
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90038
  • Style
  • Price$ 2,350,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size7,494 SqFt
Listing Provided Courtesy Of:
Bruce Jay with Bruce Jay Associates
Data Source:
CLAW
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!

Price History
3/9/2021 Listed $2,350,000

General Features

MLS Area C20 - Hollywood
Parking Features One Space
Property Type Residential Income
Total Units 4
Zoning LAR4

Exterior Features

Lot Size Area 7494
Lot Size Square Feet 7494
Lot Size Units Square Feet
Number of Buildings 1

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
AVG $1.94M
$2.35M
Visits
AVG 31
7
Year Built
AVG 1934
1917
Walkscore
AVG 89
91
Data Provided by Walkscore ® not using MLS data

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