• 5230 Lexington Avenue, Los Angeles CA: https://media.crmls.org/mediaz/578f2c39-ddc6-4727-aeee-aba06698f228.jpg
  • 5230 Lexington Avenue, Los Angeles CA: https://media.crmls.org/mediaz/728948b0-0726-41b8-84b0-149e2db9d318.jpg
  • 5230 Lexington Avenue, Los Angeles CA: https://media.crmls.org/mediaz/5133f023-e0a8-41d8-b77e-95652b3046a9.jpg
  • 5230 Lexington Avenue, Los Angeles CA: https://media.crmls.org/mediaz/5024f749-97dd-411a-9ed1-f7adac0d7d6e.jpg

5230 Lexington Avenue, Los Angeles, CA 90029

Offered at $1,399,000

Bring your developer or investor with an open eye to ultimate possibility! This blank canvas offers 8,159 sqft of LA RD1.51XL land with ED1 potential, build approx 60 units, six stories tall, up to 63 high, ~5,586 sqft per floor, averaging 450sqft units. Or utilize the RTI plans to build 5 luxury, market rate units totaling 8,538 sqft featuring a stunning front single-family 5bd/5ba, middle duplex (2 4bd/3ba), and rear duplex (2 4bd/4ba), plus space to add an ADU. No SB8 clearance needed, plans submitted April2021. Existing structure is demolished. Prime Hollywood location near major studios (Warner Bros., Paramount, Netflix), Cedars-Sinai, entertainment hubs, parks, transit, markets & restaurants. Full set of plans for 5 units available upon request. Call for more information!