$1,885,000
For Sale

5540 LEXINGTON AVENUE

Los Angeles, CA 90038
5334 sqft | 8 beds | #21702616
Courtesy of Bruce Jay Associates
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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
    • Beds & Baths
      • Bedrooms:8
  • Property Details
    • Measurements
      • Acres:0.172
      • Square Feet:5334
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1917
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 350, 000
      • Buying Agency Compensation:2.500
  • Other
    • Source
      • MLS #:21702616
  • -

    Location

    SparrowLily Realty, Inc.Real Estate Group
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