5540 LEXINGTON AVE Los Angeles, CA, 90038
$ 2,350,000Bedrooms 8 Baths0.0 Sq 5,334
for $2,350,000 with 8 bedrooms. This 5,334 square foot home was built in 1917.
DEVELOPMENT SITE WITH NEIGHBORING PROPERTY OR A GREAT 4 UNIT INVESTMENT!!! OWNER NEXT DOOR MAY COOPERATE!! THIS IS ONE LOT + POTENTIALLY THE NEIGHBOR LOT MAKES THIS A REMARKABLE OFFERING...R4 DEVELOPMENT SITE...BUY NOW, ENJOY THE INCOME, DEVELOP WHEN YOU ARE READY TO DO SO!! DO NOT DISTURB OCCUPANTS.....SOLD FOR LAND VALUE.....The LEXINGTON DEVELOPMENT SITE is a Remarkable Opportunity.....Owner next door may consider selling as well!.....Reports indicate R4-1VL Zoning TIER 3 on 7.494 Square Feet of Land.....Currently a 4 Unit Apartment Building, all month to month tenancies.....Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell at just a tad over $300 Per Square Foot! Great Opportunity for an R4 Building Site!
Parking 4 Car Parking Parking Space
List By Bruce Jay Associates
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Los Angeles, CA
Average List Price $2,046,494
Percent of Sale Price 13 %
About Los Angeles, CA
6 %Since 2002
$ 52,600 Median Income
35.79 Median Age
29 % Households with Children
|4/8/2019||$2,350,000|| 4.44 %|| Price Up|
|3/23/2019||$2,250,000|| ||Listed Price|