5540 Lexington Avenue, Los Angeles, CA 90038
-
Sold Price :
$1,885,000
-
Beds :
8
-
Baths :
4
-
Property Size :
5,334 sqft
-
Year Built :
1917
Property 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 Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
Listing Information
| Address |
5540 Lexington Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90038 |
| County |
Los Angeles |
| Listing Agent |
Bruce Jay DRE #00559166 |
| Courtesy Of |
Bruce Jay Associates |
| Close Price |
$1,885,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
5,334 |
| Lot Size |
7,494 |
| Year Built |
1917 |
Listing information courtesy of: Bruce Jay, Bruce Jay Associates. *Based on information from the Association of REALTORS/Multiple Listing as of May 9th, 2024 at 8:35 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
