Property
| Ownership: | For Sale |
|---|---|
| Area: | 8163 sq ft |
| Lot Size: | 0.19 Acres |
Financials
Price:$1,399,000
Listing Courtesy of Keller Williams Beverly Hills
5230 Lexington Ave La
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!
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
