4632 Lexington Ave - Residential LAND FOR SALE


Los Angeles, CA 90029- East Hollywood8,268 SF
$2,550,000 USD
818-484-7720
4632 Lexington Ave, Los Angeles, CA for Sale
$2,550,000 USD
Residential LAND - FOR SALE
1/3
8,268 SF

4632 Lexington Ave
Los Angeles, CA 90029
East Hollywood


OVERVIEW

Archetype Commercial Realty is pleased to present a rare development opportunity at 4632 Lexington Ave., a vacant LARD1.5-zoned lot in the highly desirable East Hollywood neighborhood. Situated adjacent to the Hollywood Hotel and just minutes from Silver Lake and Santa Monica Blvd., this ±8,266 SF paved lot presents multiple possibilities for investors and/or developers. The Vacant Land previously housed an 8-unit, two-story building that was demolished in 2000. The land is currently paved, and the sewer line was capped at the time of demo. Buyers are advised to conduct their own due diligence regarding ease of accessibility to utilities, development potential, and current site conditions. With its central location and zoning, this site offers a great opportunity to yield an exceptional return whether it be a multi-family development or potentially exploring leasing options such as additional parking (subject to City approval) for nearby properties. Positioned in a Transit Priority Area and just off Vermont and nearby Santa Monica Blvd, the location offers excellent access to public transportation and is walkable to some of L.A.’s most vibrant shops, cafes, and restaurants. There is endless potential in one of L.A.’s most active submarkets. For the quickest response, please send a Loopnet/CoStar inquiry or email Tania@Archetyperealty.com or call Co-Listing Agent Raffi Ashdjian at 818.955.8404. Photos of site coming soon! Broker and Broker's Agents do not guarantee accuracy of SF, zoning and/or permitted use(s), or other information regarding the features or condition of the property. Buyer is advised to independently verify the information with the city and appropriate licensed professionals to satisfy themselves.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/ACRE

$13,437,939/AC

PRICE/SF

$308 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

-

LAND ACRES

0.19 AC

LAND SF

8,266 SF

OFFSITE IMPROVEMENTS

-

ZONING

LARD1.5

APN/PARCEL ID

5542-028-009

ASK ABOUT THIS PROPERTY

Tania AdaryArchetype Commercial RealtyMore Info
818-484-7720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tania AdaryArchetype Commercial RealtyMore Info
818-484-7720

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.