5437 Lemon Grove Avenue Pending

Los Angeles,CA 90038

$ 1150000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CL24403365

Lot Size 7,001 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 Listing

Zoning LAR2

Exterior

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Building

New Construction No

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