5540 Lexington Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

5540 Lexington Avenue

Los Angeles, CA 90038
8 Beds
4 Baths
5,334 Sq Ft
Built 1917
$2,225,000

Property Overview

OWNER SAYS BRING YOUR OFFER! GREAT INVESTMENT OPPORTUNITY FOR ONE OR TWO INVESTMENT PROPERTIES! 4 UNITS ON THE CORNER PLUS (IF YOU SO DESIRE) 2 TOWNHOUSE UNITS NEXT DOOR! AND Owner Might Finance Your Purchase! YOU CAN BUY THIS 4 UNIT PLUS THE NEXT DOOR 2 UNIT / TWO TOWNHOUSES - (1162 NORTH ST. ANDREWS PLACE 90038) ALSO SEPARATELY OFFERED FOR SALE! FUTURE DEVELOPMEN SITE! 5540 LEXINGTON AVENUE 90038 PRIME LOCATION! MULTI-LOT (TWO LOTS - TWO PROPERTIES FOR YOUR REVIEW) 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!

Home Details

Property type
Residential Income
Year built
1917
Living area
5,334 sq ft
Lot size
7,497 sq ft
Garage
4 spaces
Carport
2 spaces
Stories
2
Days on market
133
MLS status
Active
Architectural style
Craftsman
Zoning
LAR4

Features & Amenities

Appliances

  • Refrigerator

Parking

  • Covered
  • Carport
  • Detached Carport
  • Driveway
  • Guest
  • One Space

Lot

  • Back Yard
  • Corners Marked
  • Front Yard
  • Rectangular Lot
  • Yard

Community, Schools & Utilities

Community

View
Hills

Utilities

Heating
WallFurnace
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Location & Neighborhood

5540 Lexington Avenue

Los Angeles, CA 90038

Frequently Asked Questions About 5540 Lexington Avenue

Property type: Residential Income

The current asking price is $2,225,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5540 Lexington Avenue. Our team will confirm availability and timing.
This 8 bedrooms and 4 bathrooms property offers approximately 5,334 square feet of living space. It was built in 1917. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 133 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Jonathan Jay
MLS ID: CLW-C122889

Available property

$2,225,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.