4632 Lexington Avenue Active

Los Angeles,CA 90029

$ 2550000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD25169413

Lot Size 8,266 Sqft

Property Sub-Type Unimproved Land

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.â€

Location

State CA

County Los Angeles

Zoning LARD

Exterior

Utilities Available Other Water/Sewer,Water/Sewer See Remarks,See Remarks

View Y/N false

View None

Building

Lot Description Paved

New Construction No

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