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5540 Lexington Avenue

Los Angeles, CA 90038
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Bed 8

Bed

Bath 4

Bath

SqFt5,334

Sqft

SqFt7,497

Sqft(Lot)

GREAT OFFERING OF ONE OR TWO INVESTMENT PROPERTIES! 4 UNITS ON THE CORNER & (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!

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,225,000

AD Id : 87622585

MLS Id : 26830141

Beds : 8

Lot Size : 7,497 Sq. Ft

Living Area Size : 5,334 Sq. Ft

Year Built : 1917

Garage : 4

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4
  • Interior Features

    Appliances: Refrigerator
    Laundry Features: LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1917
    Building Area Total: 5334
    Stories: 2
    Private Pool: No
    View: Hills

  • Lot Information

    Main Square Feet: 7497 Lot Size Acres: 0.1721 Lot Size Square Feet: 7,497 Lot Description: BackYard,CornersMarked,FrontYard,RectangularLot,Yard

  • Listing Price Information

    Listing Price: $2225000

  • Tax Information

    Parcel Number: 5536008011

  • Parking Information

    Covered, Carport, DetachedCarport, Driveway, Guest, OneSpace

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: please check google maps
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5516 Virginia Avenue, Los Angeles, CA, 90038 $3,350,000 21 16 11,550 15,000 Sq. Ft
1162 N St Andrews Place, Los Angeles, CA, 90038 $1,425,000 4 2 3,024 5,499 Sq. Ft
5633 La Mirada Avenue, Los Angeles, CA, 90038 $1,499,000 9 6 3,884 6,284 Sq. Ft
5640 Santa Monica Boule.., Los Angeles, CA, 90038 $24,000,000 -- -- 57,664 18,871 Sq. Ft
730 N St Andrews Place, Los Angeles, CA, 90038 $1,995,000 12 8 5,606 8,235 Sq. Ft
714 N St Andrews Place, Los Angeles, CA, 90038 $1,995,000 12 10 -- 8,234 Sq. Ft
5736 La Mirada Avenue, Los Angeles, CA, 90038 $1,195,000 3 3 2,375 7,502 Sq. Ft
5742 La Mirada Avenue, Los Angeles, CA, 90038 $1,195,000 4 2 2,574 7,502 Sq. Ft
5732 Lexington Avenue, Los Angeles, CA, 90038 $1,799,000 8 8 6,652 7,503 Sq. Ft
1059 N Wilton Place, Los Angeles, CA, 90038 $939,000 3 2 1,272 5,202 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® 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 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/18/2026 @ 18:20

MLS: 26830141 LISTED BY: Jonathan Jay, Bruce Jay Associates 323-660-3600 SOURCE: CRMLS

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