New Construction
5540 Lexington Avenue Los Angeles, CA
$ 2,350,000
Property Attributes
  • MLS#21702616
  • TypeIncome
  • CityLos Angeles
  • AreaHollywood
  • Zip90038
  • Style
  • Price$ 2,350,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
Listing Provided Courtesy Of:
Bruce Jay with Bruce Jay Associates
Data Source:
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
3/9/2021 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


  • 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

AVG $2.33M
AVG 50
Year Built
AVG 1946
AVG 90
Data Provided by Walkscore ® not using MLS data

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