5666 W Lexington Ave #1 Los Angeles, CA 90038 - Single Family Investment Opportunity
This single family home presents a prime development opportunity in the heart of Hollywood, just steps from Sunset Blvd. Zoned LAR3, plans for 17 luxury apartments with 3 rec rooms and underground parking are almost ready to issue. With 27 bedrooms, 27 bathrooms, 20 parking spaces and 18 bicycle spots, this is a great investment opportunity.
- Price
- $2,450,000
- Bed
- 5
- Bath
- 1
- Sq ft
- 2,799
5666 W Lexington Ave #1 Los Angeles, CA 90038
Listing Courtesy Of: JC Pacific Corp, Hu, Baby, 02000959
MLS #: OC23044597MR
Property Type: Single Family
Year Built: 1920
Status: Active
City: Los Angeles
Days on Market: 592
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 1
Cooling
- None
Heating
- Central
Fireplace
- None
Laundry
- None
What's Special About This Home
This 5 bedroom, 1 bathroom single family home at 5666 W Lexington Ave #1 Los Angeles, CA 90038 presents an amazing investment opportunity.
Zoned LAR3, the current plans to build 17 luxury apartments with 3 rec rooms and an underground parking level are almost ready for issuance.
All of this on a 21928 sqft lot, with a 15236 sqft floor area and 6692 sqft of parking space.
This area is rapidly developing with high demand for rental units like these, and the owner is willing to deliver the house vacant at close of escrow.
The buyer must verify all the data regarding the property with the authoritative department.
This is a great opportunity for the investor/developer looking to generate high rents and a great return.