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5441 Lemon Grove Avenue
USD 1,150,000
Property ID: 24403369
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5441 Lemon Grove Avenue ,90038
icon Land
icon 7002 SqFt
icon Built in 0001
icon USD 164/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
0
Construction Details
Property Type Land
Property Condition --
Architectural Style --
New Construction --
Year Built 0001
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Detailed Introduction Of This Home
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.
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Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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5441 Lemon Grove Avenue
USD 1,150,000 0 Beds
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