Fantastic development opportunity in the Hollywood area. 7,501 sqft lot Zoned R-3, TOC-Tier 3, right off the 101. Opportunity to build Multi unit building. certain new city of Los Angeles programs may allow to build 27 units APARTMENT BUILDING or 9 luxury units .buyer and buyer broker are soley responsible to verify with city of Los Angeles planning department for condition and programs that will allow it . Area may allow for A very high density bonus with certain condition . Perfect for 1031 exchange or cash buyer looking to develop a cash flowing asset. Seller is a broker. Buyer and Buyers broker to perform their OWN DUE DILIGENCE. Land value!Drive by only, Do not disturb tenants. Please call LA2 for more information. seller may be willing to carry .
Property Details
Property Features
Listing Office:
Office Name: SO. CALIFORNIA REAL ESTATE CO.
Office Phone: (818) 518-7252
Listing Agent: Meir Derhy
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: 101 take exit 7 towards CA-2, West western Ave. turn onto N. Western Ave. Turn right onto Lexington
Price Information
Listing Price Info
Price Summary:
List Price: $1,790,000
Tax Information:
Annual Amount: $10,320
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $766.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #WS24150632
Listing Office:
Office Name: SO. CALIFORNIA REAL ESTATE CO.
Office Phone: (818) 518-7252
Listing Agent: Meir Derhy
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 12, 2005
Sep 12, 2005Home Sold
$675,000
Dec 01, 2000
Dec 01, 2000Home Sold
$222,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,320
$847,853
2020
$10,014
$839,160
2019
$9,883
$822,707
2018
$9,671
$806,576
2017
$9,671
$790,762
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,001
Per Month
Principal & Interest
$8,934
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,433
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Santa Monica Boulevard Community Charter
1022 N Van Ness Ave
Distance between this listing and this school0.26 miles
Public Charter Grades KG-6
6
/10
Citizens of the World Charter School Hollywood
1316 N Bronson Ave
Distance between this listing and this school0.33 miles
Public Charter Grades KG-5
3
/10
Hollywood Primary Center
1115 Tamarind Ave
Distance between this listing and this school0.41 miles
Public District Grades KG-3
Nearby Schools
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school0.35 miles
Public District Grades 6-8
4
/10
Bancroft Middle School
929 N Las Palmas Ave
Distance between this listing and this school1.43 miles
Public District Grades 6-8
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school1.76 miles
Public District Grades 6-8
Nearby Schools
2
/10
Richard A. Alonzo Community Day
5755 Fountain Ave
Distance between this listing and this school0.24 miles
Public District Grades 7-12
2
/10
Helen Bernstein High School
1309 N Wilton Pl
Distance between this listing and this school0.26 miles
Public District Grades 9-12
7
/10
STEM Academy of Hollywood
1309 N Wilton Pl
Distance between this listing and this school0.26 miles
The neighbors living near this home have an average income of $39,624. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5636 Lexington Ave
What is the listing price of this property?
The listing price of 5636 Lexington Ave property is $1,790,000.
What type of property is this?
The property 5636 Lexington Ave is land located in Los Angeles, California, 90038.
Is this property for sale now?
Active Listing: 5636 Lexington Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,320 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 12, 2005 for $675,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5636 Lexington Ave in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $1,790,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.
From Rocket Homes Real Estate and based on county public records data.