5540 LEXINGTON AVENUE
Los Angeles, CA 90038
5334 sqft | 8 beds | #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
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
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Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Bruce Jay (#CLW-L01740)
Listing Office: Bruce Jay Associates (#CLW-L02478)
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