5657 Lexington Avenue
Los Angeles, CA 90038
- Bedrooms
- Studio
- Bathrooms
- 0
- Interior
- —
- Year Built
- —
About this residence
Moses Commercial, Inc. is pleased to present an exceptional commercial land development opportunity: an 84-unit Vested ED1 100% Affordable Housing project located at 5655 - 5657 Lexington Ave in the rapidly evolving Hollywood Studio District. Designed in collaboration with one of Los Angeles' premier architectural firms, this project maximizes zoning incentives, allowing for increased unit density, reduced parking requirements, and minimized setbacks. The 15,000+ square foot site will feature a four-story residential building over on-grade parking, with a well-balanced unit mix: 12 Studios, 64 One-Bedroom Units, 8 Two-Bedroom Units & 20 On-Site Parking Spaces. Boasting a Walk Score of 88, the property is ideally situated in a vibrant, pedestrian-friendly neighborhood, less than a mile from the Metro B Line station. Additionally, investors have the option to redevelop the site as a market-rate project, a strategy being pursued by many in the area. For more details on this rare opportunity, contact Moses Commercial, Inc. today.
Property details
- Status
- Sold
- Property type
- Single-Family Home
- Price per sq ft
- —
- Days on market
- 146 days
- Listed
- December 9, 2024
- Parking
- 0 spaces
- Furnished
- No
- Waterfront
- No
- MLS number
- 24470617
Location & neighborhood
5657 Lexington Avenue, Los Angeles, CA 90038
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- Principal & interest$12,641
- Property taxes$3,792
- Insurance$1,042
- HOA / fees$0
Estimate only. Taxes, insurance and HOA are approximate.
Listing courtesy of Moses Commercial, Inc · MLS 24470617. 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.