Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build Multi unit building. certain new city of Los Angeles programs may allow to build 27 units APARTMENT BUILDING or 9 luxury units .buyer and buyer broker are soley responsible to verify with city of Los Angeles planning department for condition and programs that will allow it . Area may allow for A very high density bonus with certain condition . Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information.
seller may be willing to carry .
Lot/land
Listing Provided by:
Meir Derhy DRE #01133364 818-518-7252,
SO. CALIFORNIA REAL ESTATE CO.
Price increase: $150K (10/8)
$1,690,000
5636 Lexington Ave, Los Angeles, CA 90038
--beds
--baths
7,501Square Feet
Unimproved Land
Built in ----
7,501 Square Feet Lot
$1,045,500 Zestimate®
$--/sqft
$-- HOA
What's special
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