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 .
Property Details
Price:
$1,790,000
MLS #:
WS24150632
Status:
Active
Baths:
0
Address:
5636 lexington ave 5536007009
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jul 22, 2024
State:
CA
ZIP:
90038
Lot Size:
7,501 sqft / 0.17 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Biking, Curbs, Dog Park
Electric
Electricity – On Property
Lot Features
0-1 Unit/ Acre
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Map
Community
- Address5636 lexington ave 5536007009 Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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5636 lexington ave 5536007009
Los Angeles, CA
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