5540 Lexington Avenue, Los Angeles, CA 90038
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,225,000
Est. payment | /mo

8 Beds

5,334 SqFt


Save
$ 2,225,000
Est. payment | /mo
Save

8 Beds

5,334 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $417

MLS Listing ID CL26830141

Bedrooms 8

HOA Y/N No

Year Built 1917

Lot Size 7,497 Sqft

Acres 0.17

Property Sub-Type OTHER

Property Description

Bring Your Offer - Owner Might Finance Your Purchase! MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! BUY THIS 4 UNIT + THE NEXT DOOR 2 UNIT TOWNHOUSE ALSO SEPARATELY OFFERED FOR SALE! FUTURE DEVELOPMEN SITE! 5540 LEXINGTON AVENUE 90038! PRIME LOCATION! MULTI-LOT (TWO LOTS) CORNER LEVEL DEVELOPMENT SITE EACH LOT SOLD SEPARATELY. RARE DEVELOPMENT OPPORTUNITY AT LAND VALUE PRICE - CONNECTED TO THE PROPERTY JUST SOUTH, ALSO PRESENTLY ON THE MARKET (1162 NORTH ST. ANDREWS PLACE 90038 LAND = 5,497 SQ. FT. - R4 ZONING - SAME OWNER). THIS RESULTS IN A MUCH LARGER DEVELOPMENT SITE WITH BOTH PROPERTIES BEING AVAILABLE FOR SALE, TRULY A SUPERIOR INVESTMENT AND AS REPORTED TO US R4 ZONING DOES NOT REQUIRE PARKING WHICH LEAVES MORE ROOM FOR ADDITIONAL RENTAL UNITS! AND WITH MONTH-TO-MONTH TENANTS THE DEVELOPER MAY GAIN INCOME DURING THE CONSTRUCTION PROCESS! THE RENTALS ARE SEPARATELY METERED FOR ELECTRIC & GAS PLUS A HUGE PARKING COURT WITH GARAGES. LOCATED CLOSE TO DINING HOT SPOTS, GOOD SCHOOLS, TRANSPORTATION, AND THE FREEWAY IS NOT TOO FAR AWAY. THIS IS A SMART INVESTMENT OPPORTUNITY FOR A MULTI-PROPERTY CORNER DEVELOPMENT SITE - PLEASE CALL US FOR ANY QUESTIONS OR FURTHER DETAILS. AND SHOULD YOU NEED IDEAS FOR YOUR DREAM DEVELOPMENT WE WILL CONNECT YOU WITH DEVELOPERS, IF NEEDED. WE APPRECIATE YOUR INTEREST. THANK YOU!

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Heating Wall Furnace

Fireplace No

Laundry Laundry Room

Exterior

Exterior Feature Back Yard, Front Yard

View Y/N true

View Hills

Building

Lot Description Other, Back Yard, Front Yard

New Construction No

Others

Tax ID 5536008011

Bridge MLS
Listed by Jonathan Jay • Bruce Jay Associates

Nearby Locations

Justin Kenney

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California 94513, United States

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

5540 Lexington Avenue