714-745-2708

5540 Lexington Avenue, Los Angeles, CA 90038

$2,225,000 Approx. USD 8 beds, 4 baths
5,334 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Jonathan Jay | jonathan@brucejay.com
Lic#: 01979786
Broker: Courtesy of Bruce Jay Associates
Phone: 323-660-3600

Agent Remarks

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!

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26830141

Price: $2,225,000

Beds: 8

Baths: 4

Built in 1917

5,334 sqft

2 stories

0.17 acres

Lot size: 0.1721

County: Los Angeles

Property style: Craftsman

Zoning: LAR4

Appliances: Refrigerator

Parking description: Covered,Carport,Detached Carport,Driveway,Guest,One Space

Lot description: Back Yard,Corners Marked,Front Yard,Rectangular Lot,Yard

Heating description: Wall Furnace

MLS area: C20 - Hollywood

Last Updated: 9/18/2026

Days On Market (DOM): 142

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This listing belongs to the C20 - Hollywood MLS area

The style of this listing is Craftsman.
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Lat/Long: 34.092493, -118.310727.
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