2
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$1,790,000
Est. payment /mo
7,501 Sqft Lot
New
5636 Lexington AVE Los Angeles, CA 90038
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25224135
HOA Y/N No
Annual Tax Amount $11,162
Lot Size 7,501 Sqft
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 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 .
seller may be willing to carry .
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Biking
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Overhead Utilities
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
New Construction No
Others
Senior Community No
Tax ID 5536007009
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Meir Derhy SO. CALIFORNIA REAL ESTATE CO. 818-518-7252
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