Opportunity Zone Development
For Sale
$1,799,000
5526 Lexington Avenue, West Hollywood, CA 90038
7500 sq ft R4 lot in Opportunity Zone.
Property SizeContact for details
Days on Market437
Property Features for 5526 Lexington Avenue
General Information
Standard status
Active
Listing Agency:
KELLER WILLIAMS SOUTH BAY
Listed By:
MARK HEARN
Source:
Corcoran
Added: Jun 19, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
3,781
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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
