5636 Lexington Avenue Los Angeles, CA 90038-
Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build 4 story 9 unit building or more with above ground garage. There is currently a 9 unit 4 story with above ground parking being built on the same block; with similar lot sqft and zoning. Area may allow for a density bonus. Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information.
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