5540 LEXINGTON AVENUE
Los Angeles, CA 90038
5334 sqft | 8 beds | 0.17 acres | #21702616
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!
Interior Details
- Bedrooms8
Property Details
- Acres0.172
- Square Feet5334
Construction Details
- Property TypeInvestment
Condition
- Year Built1917
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$2,350,000
- Buying Agency Compensation2.500
Other
- MLS #21702616
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Bruce Jay (#CLW-L01740)
Listing Office: Bruce Jay Associates (#CLW-L02478)
Listing Courtesy (Buyer)
Buyer's Agent: Bruce Jay (#CLW-L01740)
