5666 W Lexington Avenue #1, Los Angeles CA, 90038
(Active)
$2,450,000
|
5 beds, 1 Full baths, 2,799 sqft
|
MLS# OC23044597
Last Updated: 5/4/2024 10:14 PM
Description for
5666 W Lexington Avenue #1
Los Angeles, CA 90038
SOLD WITH RTI READY 17 units!!! Prime development opportunity in the heart of Hollywood just steps from Sunset Blvd. Zoned LAR3 , the current plan almost RTI to build 14 luxury apartments with 3 rec rooms, total 17 units.With underground level parking and a roof top deck. total 4 floors, 27 bedrooms and 27bathrooms, 20 parking space and 18 bicycle spot. Building area is 21928sq (Floor area 15236sq+parking 6692sq). The old buildings Issue the demolish permit, the house is owner occupied, ready for you to start your project after COE. As you know, this is a rapidly developing area with tons of demand. Generating high rents for apartments like these, providing a great return for the investor/ developer. Regarding all the data of this property, the buyer must go to the authoritative department to verify , the listing agent related owner.She is not responsible for the published data. House to be deliver vacant at close of escrow.
Price
$2,450,000
Los Angeles
5
1 Full
2,799 (approx)
OC23044597
Active
Description
SOLD WITH RTI READY 17 units!!! Prime development opportunity in the heart of Hollywood just steps from Sunset Blvd. Zoned LAR3 , the current plan almost RTI to build 14 luxury apartments with 3 rec rooms, total 17 units.With underground level parking and a roof top deck. total 4 floors, 27 bedrooms and 27bathrooms, 20 parking space and 18 bicycle spot. Building area is 21928sq (Floor area 15236sq+parking 6692sq). The old buildings Issue the demolish permit, the house is owner occupied, ready for you to start your project after COE. As you know, this is a rapidly developing area with tons of demand. Generating high rents for apartments like these, providing a great return for the investor/ developer. Regarding all the data of this property, the buyer must go to the authoritative department to verify , the listing agent related owner.She is not responsible for the published data. House to be deliver vacant at close of escrow.
Listing Information
| Property Type: Single Family, 1 Story | ||
| 5 | 1 Full | |
| 0.17 Acres | Assessor | 2,799 (approx) |
| 1920 | Yes-2 spaces | 1 |
Public
Public Sewer
Neighborhood
School Information
| District: Los Angeles Unified | ||
Room Information
| Bathrooms: Main Level: 3 | |||
| 1 | |||
Main Level: 5, Total: 5
None
Interior Features
None
Other,
Central
No Common Walls
None
All Bedrooms Down
Exterior / Lot Features
2 Garage Spaces,
2 Parking Spaces,
0 Covered Parking Spaces,
None
LAR3
Driving Directions
Take US-101N exit 8A for Sunset Blvd,Turn right onto N Wilton Pl ,Turn left onto Lexington ave
Financial Considerations
| 5536007024 |
Cash,Cash to Existing Loan,Cash to New Loan,1031 Exchange
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90038 has a population of 3,956,168.
The median household income in Los Angeles, California 90038 is $60,084. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90038 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/17/2023 | Active | $2,450,000 USD |
|