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$1,100,000
Est. payment /mo
7,000 Sqft Lot
UPDATED:
12/05/2024 03:33 AM
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 24403163
HOA Y/N No
Lot Size 7,000 Sqft
Property Description
Property must be purchased together with the adjacent lot 5437 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 5535008018
Special Listing Condition Standard
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Listed by Josh Kaplan • Equity Union