FSBO
FSBO - For Sale
$2,225,000
For Sale by Owner
$417/sq ft Listed 4 months ago
8BR Multi-Family for Sale in Los Angeles, CA
5540 Lexington Ave, Los Angeles, CA 90038
8 Beds
4 Bath
5,334 sq ft
Built 1917
PropSlick Verified Data
Key facts & insights for this exact address
$417
Price / sq ft
1917
Year Built
$23,675
Property Tax / yr
7,497 sf
Lot Size
4
Garage Spaces
Los Angeles
County
Key Facts
Property TypeMulti-Family
Year Built1917
Square Footage5,334 sq ft
Lot Size7,497 sq ft
Garage Spaces4
Annual Property Tax$23,675
Price / SqFt$417
Property Description
Owner Might Finance Your Purchase! YOU CAN BUY THIS 4 UNIT PLUS THE NEXT DOOR 2 UNIT TOWNHOUSE - ALSO SEPARATELY OFFERED FOR SALE! FUTURE DEVELOPMEN SITE! 5540 LEXINGTON AVENUE 90038 PRIME LOCATION! MULTI-LOT (TWO LOTS - TWO PROPERTIES FOR YOUR REVIEW) 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!
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Air Conditioning
Heating
Washer/Dryer
Balcony/Deck
Property Location
Map shows approximate location. Exact address provided to serious inquirers upon contact.
Property Research
View Full Property History on MarketTimeline
Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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