5437 Lemon Grove Avenue

Los Angeles, CA 90038

$1,150,000

List Price

N/A

bed Beds

shower Baths

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straighten / sqft

calendar_month Built

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).

Listing Information

List Price $1,150,000
Status Active
MLS 24403365
Type Land
Lot Size 7,001
Structure Size N/A
DOM 24
Courtesy Of Equity Union
Listing Agent Josh Kaplan DRE#01934177

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Josh Kaplan, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 4th, 2024 at 1:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.