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$1,150,000
Est. payment /mo
7,001 Sqft Lot
UPDATED:
10/02/2024 12:59 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CL24403365
HOA Y/N No
Lot Size 7,001 Sqft
Acres 0.16
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
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5535008019
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Listed by Josh Kaplan • Equity Union
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