Opportunity Zone Development Potential

5526 Lexington Avenue West Hollywood, CA 90038

Claim this Listing
For Sale
$1,799,000

7500 sq ft R4 lot in Opportunity Zone.

Added:
Jun 19, 2025
Days on Market:
387
Last Refresh:
Mar 16 at 9:09 am

Property Features for 5526 Lexington Avenue

General Information

Standard status
Active

Listing office KELLER WILLIAMS SOUTH BAY

Listing date Jun 19, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS SOUTH BAY


Investment Insights

Based on property information with market context.

This property features a 7500 square foot lot situated within an Opportunity Zone, holding an R4 zoning designation and a Tier 3 TOC Rating. The site currently hosts a two-story Victorian house along with a detached single unit located at the rear of the property. According to the owner, the property has new electrical, new plumbing, and a new foundation. The city report indicates two addresses. The county land use is duplex use. There is one electric and gas meter. The property presents development potential, with the possibility of constructing up to 18 units or more.

Key Highlights

  • Opportunity Zone location
  • R4 zoning with Tier 3 TOC rating allowing for high‑density development (up to 18 units or more)
  • Large 7500 sq ft lot

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Nursing Home Butcher Tanning Salon (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Mobile Phone Store Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - 7500 sq ft R4 lot in Opportunity Zone.
Where is this residential land & home lot located?
The property is located at 5526 Lexington Avenue West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Opportunity Zone location; R4 zoning with Tier 3 TOC rating allowing for high‑density development (up to 18 units or more); Large 7500 sq ft lot
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