5230 Lexington Ave Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25567959
Lot Size 8,163 Sqft
Acres 0.1874
Property Description
Bring your developer or investor with an open eye to ultimate possibility! This blank canvas offers 8,159 sqft of LA RD1.51XL land with ED1 potential, build approx 60 units, six stories tall, up to 63 high, ~5,586 sqft per floor, averaging 450sqft units. Or utilize the RTI plans to build 5 luxury, market rate units totaling 8,538 sqft featuring a stunning front single-family 5bd/5ba, middle duplex (2 4bd/3ba), and rear duplex (2 4bd/4ba), plus space to add an ADU. No SB8 clearance needed, plans submitted April2021. Existing structure is demolished. Prime Hollywood location near major studios (Warner Bros., Paramount, Netflix), Cedars-Sinai, entertainment hubs, parks, transit, markets & restaurants. Full set of plans for 5 units available upon request. Call for more information!
Location
State CA
County Los Angeles
Area Hollywood
Zoning LARD1.5
Exterior
View Y/N Yes
View City, City Lights
Others
Special Listing Condition Standard