Property must be purchased together with the adjacent lot 5437 Lemon Grove Ave. The Highlight Group of Equity Union as the exclusive listing agent are pleased to present the opportunity to acquire 5431-5437 Lemon Grove Ave., a 13,999 square foot development site of two contiguous lots located in prime Hollywood. The site is zoned R2-1XL | TOC Tier 2 but a developer may be able to significantly increase the density through the Executive Directive 1 program (Buyer to independently verify). The lots are currently improved with a combined 5 vacant Los Angeles Rent Stabilization Ordinance units (5431 is a duplex, 5437 is a triplex).
Property Details
Price:
$1,100,000
MLS #:
24403163
Status:
Pending
Baths:
0
Address:
5431 Lemon Grove Avenue 5535008018
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jun 12, 2024
State:
CA
ZIP:
90038
Lot Size:
7,002 sqft / 0.16 acres (approx)
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- Address5431 Lemon Grove Avenue 5535008018 Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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Courtesy of Equity Union. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.5431 Lemon Grove Avenue 5535008018
Los Angeles, CA
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