5540 Lexington Ave, Los Angeles, CA 90038
5540 Lexington Ave, Los Angeles, CA 90038
5540 Lexington Ave, Los Angeles, CA 90038
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Shantrece Thomas

Shantrece Thomas

+1(904) 760-6560
$ 2,225,000
Est. payment | /mo

8 Beds

4 Baths

5,334 SqFt

Save
$ 2,225,000
Est. payment | /mo
Save

8 Beds

4 Baths

5,334 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $417

MLS Listing ID 26830141

Style Craftsman

Bedrooms 8

Construction Status Value Mainly In Land

Year Built 1917

Lot Size 7,497 Sqft

Acres 0.1721

Property Sub-Type Multi-Family

Property Description

MAKE YOUR DREAM OFFER NOW! WHY NOT? IT JUST MIGHT BE A BIG WIN FOR YOU! BUY THIS 4 UNIT + THE NEXT DOOR 2 UNIT TOWNHOUSE ALSO SEPARATELY OFFERED FOR SALE! FUTURE DEVELOPMEN SITE! 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 - 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!

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR4

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Window Unit(s)

Equipment Range/Oven, Refrigerator

Laundry Room

Exterior

Parking Features Carport, Carport Detached, Covered Parking, Driveway, Garage Is Detached, Parking for Guests, Parking for Guests - Onsite, Parking Space

View Y/N Yes

View Tree Top, Hills

Building

Lot Description Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Single Lot, Street Paved, Walk Street, Yard, Front Yard, Fenced, Curbs, Corners Established, Back Yard

Story 2

Architectural Style Craftsman

Level or Stories Two

Construction Status Value Mainly In Land

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Bruce Jay Associates

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida 32202, United States

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5540 Lexington Ave