Los Angeles, CA 90038,5636 Lexington AVE
Los Angeles, CA 90038,5636 Lexington AVE
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$1,590,000
Est. payment /mo
7,501 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25224135

HOA Y/N No

Annual Tax Amount $11,162

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

Interior

Fireplace No

Exterior

Community Features Biking

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Overhead Utilities

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

New Construction No

Others

Senior Community No

Tax ID 5536007009

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by Meir Derhy SO. CALIFORNIA REAL ESTATE CO. 818-518-7252

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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