$2,550,000
Est. payment /mo
8,267 Sqft Lot
New
4632 Lexington AVE Los Angeles, CA 90029
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25169413
HOA Y/N No
Lot Size 8,267 Sqft
Property Description
*4632 Lexington Ave – Prime Vacant Land in East Hollywood*
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 sewer line was capped at the time of demo. 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 transportation and is walkable to some of L.A.'s most vibrant shops, cafes, and restaurants. There is endless potential in one of L.A.'s most active submarkets.
Photos of site coming soon! Broker and Broker's Agents do not guarantee accuracy of SF, zoning and/or permitted use(s), or other information regarding the features or condition of the property. Buyer is advised to independently verify the information with the city and appropriate licensed professionals to satisfy themselves.
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 sewer line was capped at the time of demo. 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 transportation and is walkable to some of L.A.'s most vibrant shops, cafes, and restaurants. There is endless potential in one of L.A.'s most active submarkets.
Photos of site coming soon! Broker and Broker's Agents do not guarantee accuracy of SF, zoning and/or permitted use(s), or other information regarding the features or condition of the property. Buyer is advised to independently verify the information with the city and appropriate licensed professionals to satisfy themselves.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Fireplace No
Exterior
Community Features Park
Utilities Available See Remarks
View Y/N No
View None
Building
Lot Description Paved
Sewer Other
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 5542028009
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Lease Land No
Listed by Tania Adary Archetype Real Estate Group In Tania@archetyperealty.com
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