5230 Lexington Ave, Los Angeles, CA 90029
List Price: $1,399,000
On market
On marketJul 24, 20251,727 sqft4 beds0 baths
Listed by: Eliza Kerndian
License #: 01398836
Phone #: 310-924-7244
Keller Williams Beverly Hills
Source:
MLS #: 25567959
Property Description
Bring your developer or investor with an open eye to ultimate possibility! This blank canvas offers 8,159 sqft of LA RD1.51XL land with ED1 potential, build approx 60 units, six stories tall, up to 63 high, ~5,586 sqft per floor, averaging 450sqft units. Or utilize the RTI plans to build 5 luxury, market rate units totaling 8,538 sqft featuring a stunning front single-family 5bd/5ba, middle duplex (2 4bd/3ba), and rear duplex (2 4bd/4ba), plus space to add an ADU. No SB8 clearance needed, plans submitted April2021. Existing structure is demolished. Prime Hollywood location near major studios (Warner Bros., Paramount, Netflix), Cedars-Sinai, entertainment hubs, parks, transit, markets & restaurants. Full set of plans for 5 units available upon request. Call for more information!
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$19,548
TurboHome Estimated Value
$1,351,100
$782 sqft
High Valuation
$1,418,655
$821/sqft
Normal Valuation
$1,351,100
$782/sqft
Low Valuation
$1,283,545
$743/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $782/sqft | $1,351,100 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Hollywood
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Comparative Value
$1.10M
$1.40M
$1.45M
932 N Kingsley Dr, Los Angeles, CA 90029
Sale Price: $1,100,000
Selected Comparable
5230 Lexington Ave, Los Angeles, CA 90029
List Price: $1,399,000
Subject Property
584 N Plymouth Blvd, Los Angeles, CA 90004
Sale Price: $1,450,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT5230 Lexington Ave, Los Angeles, CA 90029
List: $1,399,000
Listed: 7/24/2025
Area:1,727 sqft
Price/sqft:$810
Beds:4
Baths:—
Year Built:—
Lot Size:8,160
Comparable Properties
COMPARABLEChoose comps
932 N Kingsley Dr, Los Angeles, CA 90029
Sale: $1,100,000
2/3/2025 • 0.40 mi
Area:2,183 sqft
Price/sqft:$504
Beds:4
Baths:—
Year Built:—
Weight:52.9%
584 N Plymouth Blvd, Los Angeles, CA 90004
Sale: $1,450,000
3/18/2025 • 1.24 mi
Area:1,982 sqft
Price/sqft:$732
Beds:4
Baths:1
Year Built:—
Weight:47.1%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5230 Lexington Ave, Los Angeles, CA 90029 | $1,399,000 | 1,727 | $810 | 8,160 | — | 7/24/2025 | 4 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 932 N Kingsley Dr, Los Angeles, CA 90029 | $1,100,000 | 2,183 | $504 | 9,032 | 0.40 mi | 2/3/2025 | 4 | — | — | 52.9% | |
| 584 N Plymouth Blvd, Los Angeles, CA 90004 | $1,450,000 | 1,982 | $732 | 6,752 | 1.24 mi | 3/18/2025 | 4 | 1 | — | 47.1% |
Nearby Listings
23 similar properties within 5 miles
List Price: $1,650,000
5347 Lexington Ave, Los Angeles, CA 90029
3 bd 1 ba 2,403 sqft
TurboHome Est. Value:
$1,357,700
List Price: $1,549,000
5352 La Mirada Ave, Los Angeles, CA 90029
4 bd 1 ba 1,520 sqft
TurboHome Est. Value:
$1,459,800
List Price: $1,499,000
1537 N Kingsley Dr, Los Angeles, CA 90027
4 bd 2,086 sqft
TurboHome Est. Value:
$1,417,500
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