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Listed by Meir Derhy • SO. CALIFORNIA REAL ESTATE CO.
$1,790,000
Est. payment /mo
7,501 Sqft Lot
Active
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 WS-24150632
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 .
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Exterior
Community Features Biking, Curbs, Dog Park
Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre