Homes for sale - 5437 Lemon Grove AVE, Los Angeles, CA 90038

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Ernie Caponera

Newport Properties

ernie@newport-properties.com +1(714) 606-0926

$1,150,000

Est. payment - /mo

7,000 Sqft Lot

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UPDATED:

10/01/2024 11:42 PM

Key Details

Property Type Vacant Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24403365

HOA Y/N No

Lot Size 7,000 Sqft

Property Description

Property must be purchased together with the adjacent lot 5431 Lemon Grove Ave. The Highlight Group of Equity Union as the exclusive listing agent are pleased to present the opportunity to acquire 5431-5437 Lemon Grove Ave., a 13,999 square foot development site of two contiguous lots located in prime Hollywood. The site is zoned R2-1XL | TOC Tier 2 but a developer may be able to significantly increase the density through the Executive Directive 1 program (Buyer to independently verify). The lots are currently improved with a combined 5 vacant Los Angeles Rent Stabilization Ordinance units (5431 is a duplex, 5437 is a triplex).

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR2

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5535008019

Special Listing Condition Standard

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Listed by Josh Kaplan • Equity Union

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

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

5437 Lemon Grove AVE Los Angeles, CA 90038