5540 Lexington Avenue, Los Angeles, CA 90038

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
5540 Lexington Avenue,Los Angeles, CA 90038
$2,225,000
  • 8 Beds
  • 4 Baths
  • 5,334 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan jay
Office: bruce jay associates323-660-3600
MLS#:26830141
Source:CRMLS

Price summary

  • Price:$2,225,000
  • Price per sq. ft.:$417.14

About this home

BUY A 4 UNIT + A 2 UNIT TOWNHOUSE NEXT DOOR! FUTURE DEVELOPMEN SITE! 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...

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Home facts

  • Year built:1917
  • Listing ID #:26830141
  • Added:50 day(s) ago
  • Updated:July 01, 2026 at 01:26 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Kitchen Description:Refrigerator
  • Living area:5,334 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1917
  • Building area:5,334 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Back Yard, Corners Marked, Front Yard, Rectangular Lot, Yard
  • Architectural Style:Craftsman
  • Levels:2 Story

Finances and disclosures

  • Price:$2,225,000
  • Price per sq. ft.:$417.14

Features and amenities

  • Appliances:Refrigerator
  • Laundry features:Laundry Room

Parking

  • Parking description:2 Carport Space(s), Carport, Covered, Detached Carport, Driveway, Guest, One Space
  • Garage:Yes
  • Garage spaces:4
  • Carport spaces:2
Based on information from California Regional Multiple Listing Service, Inc. as of July 1, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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