GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 1,885,000
$ 1,885,000
Est. payment /mo
Sold on 05/09/2024
5540 LEXINGTON AVE Los Angeles, CA 90038
8 Beds
4 Baths
5,334 SqFt
UPDATED:
Key Details
Sold Price $1,885,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,334 sqft
Price per Sqft $353
MLS Listing ID 21702616
Sold Date 05/09/24
Bedrooms 8
HOA Y/N No
Year Built 1917
Lot Size 7,492 Sqft
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!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR4
Interior
Fireplace No
Exterior
Parking Features Garage, One Space
Total Parking Spaces 4
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5536008011
Special Listing Condition Standard
Listed by Bruce Jay • Bruce Jay Associates
Bought with Bruce Jay • Bruce Jay Associates
Bought with Bruce Jay • Bruce Jay Associates