fbpx

$1,885,000
8 bed
5,334 Sqft
7,494 Sqft lot

5540 LEXINGTON Avenue, Los Angeles, California 90038

  • Residential Income Property Type
  • 69 Days Time on market
  • $353 Price per sqft
  • 1917 Year Built
Property Description

PRIME LOCATION! HUGE PRICE REDUCTION! STRAIGHT SALE, NOT SUBJECT TO AN EXCHANGE! 5,334,SQ FT PER ASSESSOR / HUGE BUILDING – CORNER PROPERTY! EACH UNIT INCLUDES THEIR OWN PRIVATE LAUNDRY ROOM WITH SINK, WHICH IS QUITE RARE! TRULY A SUPERIOR INVESTMENT! AND WITH R-4 T-4 ZONING / PERFECT DEVELOPMENT SITE THAT REPORTED DOES NOT REQUIRE PARKING! DEVELOPMENTS NOW ONGOING IN THIS IMMEDIATE AREA! DEVELOPERS MAY GAIN INCOME DURING THE CONSTRUCTION PROCESS WITH THE CITY! All Units Month to Month. Separately metered for Electric & Gas plus a Huge Parking Court with Garages. 7.494 Square Feet of Land. Located close to a variety of Dining / Hot Spots, Schools, Transportation, and the Freeway not too far away. This is a smart Investment Opportunity for a somewhat rare R4 Zone Corner Property! Thank you!

Basic Details
Residential Income
Buy
21702616
$1,885,000
8
5,334 Sqft
1917
7,494 Sqft
Pending
Condos/Co-ops
Features
4
$0
Address
CA
Los Angeles
Los Angeles
90038
5540 LEXINGTON Avenue
5540
Avenue
0
W119° 41' 21.4''
N34° 5' 33''
Additional Information
69
2
1
$0
$0
$0
$0
$0
$0
$0
11/03/2024 00:00:00
$0
Destrahan
Harry Hurst
Bruce Jay Associates
Bruce Jay
$0
2
1
1
C20 - Hollywood
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$