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5540 Lexington Avenue Los Angeles, CA $ 2,225,000
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5540 Lexington Avenue
$ 2,225,000
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5540 Lexington Avenue

Los Angeles, CA, 90038
$ 2,225,000
Baths0.0 Sq 5,334

Monthly Estimate*

$ 13,700

5540 Lexington Avenue, Los Angeles, CA 90038 - Image 1
5540 Lexington Avenue, Los Angeles, CA 90038 - Image 2
5540 Lexington Avenue, Los Angeles, CA 90038 - Image 3
Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,225,000. This 5,334 square foot home was built in 1917 on a lot size of 0.17.

5540 LEXINGTON AVENUE 90038! PRIME LOCATION! MULTI-LOT (TWO LOTS) CORNER LEVEL DEVELOPMENT SITE EACH LOT SOLD SEPARATELY. RARE DEVELOPMENT OPPORTUNITY AT LAND VALUE PRICE - CONNECTED TO THE PROPERTY JUST SOUTH, ALSO PRESENTLY ON THE MARKET (1162 NORTH ST. ANDREWS PLACE 90038 LAND = 5,497 SQ. FT. - R4 ZONING - SAME OWNER). THIS RESULTS IN A MUCH LARGER DEVELOPMENT SITE WITH BOTH PROPERTIES BEING AVAILABLE FOR SALE, TRULY A SUPERIOR INVESTMENT AND AS REPORTED TO US R4 ZONING DOES NOT REQUIRE PARKING WHICH LEAVES MORE ROOM FOR ADDITIONAL RENTAL UNITS! AND WITH MONTH-TO-MONTH TENANTS THE DEVELOPER MAY GAIN INCOME DURING THE CONSTRUCTION PROCESS! THE RENTALS ARE SEPARATELY METERED FOR ELECTRIC & GAS PLUS A HUGE PARKING COURT WITH GARAGES. LOCATED CLOSE TO DINING HOT SPOTS, GOOD SCHOOLS, TRANSPORTATION, AND THE FREEWAY IS NOT TOO FAR AWAY. THIS IS A SMART INVESTMENT OPPORTUNITY FOR A MULTI-PROPERTY CORNER DEVELOPMENT SITE - PLEASE CALL US FOR ANY QUESTIONS OR FURTHER DETAILS. AND SHOULD YOU NEED IDEAS FOR YOUR DREAM DEVELOPMENT WE WILL CONNECT YOU WITH DEVELOPERS, IF NEEDED. WE APPRECIATE YOUR INTEREST. THANK YOU!

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Multi-Family Active

Price

$ 2,225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Craftsman

Lot Size

0.17

Year Built

1917

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026830141
Features
General
Living Area 5334
Heating Wall Furnace
Zoning LAR4
Architectural Style Craftsman
Year Built 1917
Tenant Pays Electricity Gas
View Hills
Levels Two
County Los Angeles
New Construction false
Property Type Residential Income
HOA false
Status Active
City Los Angeles
Senior Community Y/N false
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 7497
Additional Parcels Y/N true
Standard Status Active
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Interior
Total Stories 2
Heating Y/N true
Laundry Features Individual Room
Total Baths 0
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Exterior
Parking Features Guest Parking Space Carport Covered Detached Carport Driveway
Lot Features Corners Marked Front Yard Rectangular Lot Yard Back Yard
Lot Size Area 7497
Building Area Total 5334
Lot Size Acres 0.17
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* Excluded Features
List By
Jonathan Jay

Listing Agent

Bruce Jay Associates

Broker

jonathan@brucejay.com

Email

Affordability Calculator

$13,700
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,700
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/12/2026$2,225,000 Listed Price

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5540 Lexington Avenue, Los Angeles, CA, 90038 is a Multi-Family Home for sale at $2,225,000 with 5,334 sqft and a lot size of 0.17. 5540 Lexington Avenue is a studio with 0.0 baths and was built in 1917. The property's zip code is 90038 which is in Los Angeles, CA

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