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Listed by Tania Adary • Archetype Real Estate Group In
$ 1,725,000
Est. payment /mo
Active
4632 Lexington AVE Los Angeles, CA 90029
8,266 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD25169413
Lot Size 8,266 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
Owner Motivated to make a deal - don't hesitate to submit reasonable offers! *Price Improvement* 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 adjacent hotel has been utilizing the land with the consent of the current owner to house their trash bins and park vehicles when needed. 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 trans
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning PAV
Exterior
Utilities Available Other
View None
Building
Lot Description Paved
Water Other
Others
Tax ID 5542028009
Special Listing Condition Not Applicable
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