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SoldPrice dropSingle-Family Home

5646 LEXINGTON Avenue

Los Angeles, CA 90038

$560,000
$995,000
Bedrooms
Studio
Bathrooms
0
Interior
Year Built
1913

About this residence

PROPERTY IS BEING SOLD AS A RE-DEVELOPMENT OPPORTUNITY AND SHOULD BE CONSIDERED FOR LAND VALUE ONLY. THE OFFERING ALLOWS AN INVESTOR TO ACQUIRE AN UN-ENTITLED 6,736 SF LAR3 SITE WITH THE OPPORTUNITY TO DEVELOP UP TO EIGHT UNITS. CONVENIENTLY LOCATED BETWEEN LARCHMONT VILLAGE AND DOWNTOWN IN THE EAST HOLLYWOOD SUB MARKET, WHICH IS UNDERGOING A RESURGENCE WITH SEVERAL HIGH PROFILE DEVELOPMENTS: INCLUDING THE NEW MIXED-USE PROJECT - THE LC LOCATED AT LARCHMONT AND MELROSE; AS WELL AS 5112 MELROSE, A NEW 49 UNIT TOWN HOME PROJECT BEING DEVELOPED BY LENNAR. 5646 LEXINGTON AVENUE OFFERS DEVELOPERS THE OPPORTUNITY TO DELIVER A HIGHLY EFFICIENT AND UNIQUE PROJECT THAT IS PROXIMATE TO LARCHMONT VILLAGE, KOREATOWN, HOLLYWOOD AND DOWNTOWN LOS ANGELES, SOME OF THE MOST DESIRABLE SUB MARKETS IN LOS ANGELES. THE SITE IS AVAILABLE FOR SHOWING UPON AN ACCEPTED OFFER. PLEASE EMAIL BROKER FOR A MARKETING PACKAGE. SEE PRIVATE REMARKS.

Property details

Status
Sold
Property type
Single-Family Home
Price per sq ft
Days on market
50 days
Listed
April 13, 2015
Year built
1913
Furnished
No
Waterfront
No
MLS number
15895579

Location & neighborhood

5646 LEXINGTON Avenue, Los Angeles, CA 90038

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Down payment20% · $112,000
Interest rate6.50%
Loan term30 years
$3,914
per month
  • Principal & interest$2,832
  • Property taxes$849
  • Insurance$233
  • HOA / fees$0
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Listing courtesy of Condosource · MLS 15895579. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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