5666 Lexington Avenue # 1, Los Angeles

$2,450,000

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5 Beds

1 Bath

2,799 Sqft

.17 Acre

2 Garages

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.

Essential Information

MLS® #: OC23044597

Price: $2,450,000

Bedrooms: 5

Bathrooms: 1.00

Full Baths: 1

Square Footage: 2,799

Acres: 0.17

Year Built: 1920

Type: Residential

Sub-Type: Single Family Residence

Status: Active

Community Information

Address: 5666 Lexington Avenue # 1

Area: C20 - Hollywood

City: Los Angeles

County: Los Angeles

Zip Code: 90038

Community Features: Street Lights

Senior Community: Y

Amenities

Parking Spaces: 2

# of Garages: 2

View: None

Pool: None

Interior

Interior Features: All Bedrooms Down

Heating: Central

Cooling: None

Fireplaces: None

Stories: One

School Information

District: Los Angeles Unified

Additional Information

Date Listed: March 17th, 2023

Days on Market: 428

Zoning: LAR3

Listing Details

Agent: Baby Hu

Office: JC Pacific Capital Inc.

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Buyer's Agent

Listing Agent

Baby Hu - JC Pacific Capital Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 5:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.