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… Read More - 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! Read Less
Courtesy of Bruce Jay Associates 323-660-3600
Listing Snapshot
Days Online
19
Last Updated
Property Type
Other
Beds
8
Square Ft.
5,334
Lot Size
0.17 Acres
Year Built
1917
MLS Number
26830141
30 Days Snapshot Of 90038
$1.23M
+16%
(avg) sold price
1
-80%
home sold
166
+219%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range/Oven, Refrigerator
Building
5,334 sq ft, Built in 1917, Levels: Two, Craftsman
Cooling
Window Unit(s)
Disclosures
As Is
Garage
4 total garage spaces, Carport, Carport Detached, Covered Parking, Driveway, Garage Is Detached, Parking for Guests, Parking for Guests - Onsite, Parking Space
Heating
Wall
Laundry
Room
Lot
LotAcreage: 0.1721, LotSizeArea: 7,497, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Single Lot, Street Paved, Walk Street, Yard, Front Yard, Fenced, Curbs, Corners Established, Back Yard, Corner Lot
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