5540 Lexington Avenue, Los Angeles, CA 90038

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
5540 Lexington Avenue,Los Angeles, CA 90038
$2,225,000
  • 8 Beds
  • 4 Baths
  • 5,334 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan jay
Office: bruce jay associates323-660-3600
MLS#:26830141
Source:CRMLS

Price summary

  • Price:$2,225,000
  • Price per sq. ft.:$417.14

About this home

5540 LEXINGTON AVENUE 90038! PRIME LOCATION! MULTI-LOT (TWO LOTS) 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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1917
  • Listing ID #:26830141
  • Added:1 day(s) ago
  • Updated:May 13, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Kitchen Description:Refrigerator
  • Living area:5,334 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1917
  • Building area:5,334 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Back Yard, Corners Marked, Front Yard, Rectangular Lot, Yard
  • Architectural Style:Craftsman
  • Levels:2 Story

Finances and disclosures

  • Price:$2,225,000
  • Price per sq. ft.:$417.14

Parking

  • Parking description:2 Carport Space(s), Carport, Covered, Detached Carport, Driveway, Guest, One Space
  • Garage:Yes
  • Garage spaces:4
  • Carport spaces:2
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Better Homes and Gardens Real Estate Town Center is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Town Center, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 5540 Lexington Avenue