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$2,500,000
Listing Price3beds
2baths
1,704sqft
7,501sqft lot
5657 Lexington Ave, Los Angeles, CA 90038
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Moses Commercial, Inc. is pleased to present an exceptional commercial land development opportunity: an 84-unit Vested ED1 100% Affordable Housing project located at 5655 - 5657 Lexington Ave in the rapidly evolving Hollywood Studio District. Designed in collaboration with one of Los Angeles premier architectural firms, this project maximizes zoning incentives, allowing for increased unit density, reduced parking requirements, and minimized setbacks. The 15,000+ square foot site will feature a four-story residential building over on-grade parking, with a well-balanced unit mix: 12 Studios, 64 One-Bedroom Units, 8 Two-Bedroom Units & 20 On-Site Parking Spaces. Boasting a Walk Score of 88, the property is ideally situated in a vibrant, pedestrian-friendly neighborhood, less than a mile from the Metro B Line station. Additionally, investors have the option to redevelop the site as a market-rate project, a strategy being pursued by many in the area. For more details on this rare opportunity, contact Moses Commercial, Inc. today.
Interior Details
1704
3
2
Has Heating:
Yes
Heating Type:
Floor/wall Furnace
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
7501
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Duplex Single
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$14,752
$1,238,076
$10,404
--%
$1,248,480
2019
$14,752
$1,213,800
$10,200
--%
$1,224,000
2018
$2,912
$127,380
$21,872
--%
$149,252
2017
$1,917
$124,883
$21,444
--%
$146,327
2016
$1,856
$122,435
$21,024
--%
$143,459
2014
$1,851
$118,234
$20,304
--%
$138,538
2013
$1,845
$117,700
$20,213
--%
$137,913
2012
$1,832
$115,393
$19,817
--%
$135,210
Average Home Price in 90038
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Details for 5657 LEXINGTON AVE
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles
