5636 lexington ave
Los Angeles, CA 90038
0.17 acres | #WS24150632
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 Multi unit building. certain new city of Los Angeles programs may allow to build 27 units APARTMENT BUILDING or 9 luxury units .buyer and buyer broker are soley responsible to verify with city of Los Angeles planning department for condition and programs that will allow it . Area may allow for A very high density bonus with certain condition . 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.
seller may be willing to carry .
Property Details
- Utility FeaturesCableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected
- Lot DescriptionZeroToOneUnitAcre
- CountyLos Angeles
- Original List Price$2,580,000
- MLS #WS24150632
- MLS #WS24150632
- Property TypePurchase
- Cost2090000
- Acres0.1722
- Utility SourcePublic
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Meir Derhy (#W71387)
Listing Office: SO. CALIFORNIA REAL ESTATE CO. (#20738)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
