5441 Lemon Grove Avenue Los Angeles, CA 90038
See DOCs section for OM. Property is in a Probate Estate but not currently required to go through court overbid process. Property must be purchased together with two adjacent lots 5431 and 5437 Lemon Grove Ave. The Highlight Group of Equity Union as the exclusive listing agent are pleased to present the opportunity to acquire 5431-5441 Lemon Grove Ave., a 20, 999 square foot development site of three contiguous lots located in prime Hollywood. The site is zoned R2-1XL | TOC Tier 2 but a developer may be able to significantly increase the density through the Executive Directive 1 program (Buyer to independently verify). The lots are currently improved with a combined 9 Los Angeles Rent Stabilization Ordinance units (5431 is a duplex, 5437 is a triplex, and 5441 is a fourplex), of which 8 are vacant. The ninth tenant is significantly behind on current rent, also owes significant back rent from the Eviction Moratorium and the owner is currently engaging counsel with a very good reputation and track record to start the eviction process.
- Property TypeLand
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site5 Days
- MLS StatusActive
- MLS ID Number24403369
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.1607 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 5441 Lemon Grove Avenue Los Angeles, CA 90038
6 days ago | |
6 days ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking Spaces 0
- Acreage 0.1607
- Zoning LAR2
- Listing Conditions Probate Listing
Exterior Features
- View None
Community Features
- Senior Community No
- MLS Area C20 - Hollywood