Moses Commercial, Inc. is pleased to present an exceptional commercial land development opportunity: an 84-unit Vested ED1 100% Affordable Housing project located at 5655 - 5657 Lexington Ave in the rapidly evolving Hollywood Studio District. Designed in collaboration with one of Los Angeles' premier architectural firms, this project maximizes zoning incentives, allowing for increased unit density, reduced parking requirements, and minimized setbacks. The 15,000+ square foot site will feature a four-story residential building over on-grade parking, with a well-balanced unit mix: 12 Studios, 64 One-Bedroom Units, 8 Two-Bedroom Units & 20 On-Site Parking Spaces. Boasting a Walk Score of 88, the property is ideally situated in a vibrant, pedestrian-friendly neighborhood, less than a mile from the Metro B Line station. Additionally, investors have the option to redevelop the site as a market-rate project, a strategy being pursued by many in the area. For more details on this rare opportunity, contact Moses Commercial, Inc. today.
Sold for $2,500,000
$2,500,000
5657 Lexington Ave, Los Angeles, CA 90038
--beds
--baths
7,501Square Feet
Unimproved Land
Built in ----
7,501 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,160 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,160/mo
Zestimate® history
Owner options
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$15,811/mo
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List your homeWhat's special
Four-story residential building
Zillow last checked:
Listing updated:
Listed by:
Shane Moses DRE # 02007841 818-967-2300,
Moses Commercial, Inc 972-467-6536
Bought with:
Peter Ciriello, DRE # 01418188
LA Commercial
Source: CLAW,MLS#: 24-470617
Facts & features
Property
Features
- Has view: Yes
- View description: Other
Lot
- Size: 7,501 Square Feet
Details
- Parcel number: 5536004029
- Zoning: LAR3
- Special conditions: Standard
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $1,365,391
- Annual tax amount: $16,570
- Date on market: 2/22/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $2,500,000 |
Source:  CLAW #24-470617 Report a problem | ||
| 5/4/2025 | Contingent | $2,500,000 |
Source: CLAW #24-470617 Report a problem | ||
| 2/22/2025 | Listed for sale | $2,500,000 |
Source: CLAW #24-470617 Report a problem | ||
| 8/19/2017 | Listing removed | $2,500,000 |
Source: Keller Williams Realty Los Feliz #16149178 Report a problem | ||
| 4/27/2017 | Price change | $2,500,000+100% |
Source: Keller Williams Realty Los Feliz #16149178 Report a problem | ||
| 1/14/2017 | Price change | $1,250,000-50% |
Source: Keller Williams Realty Los Feliz #16149178 Report a problem | ||
| 12/20/2016 | Pending sale | $2,500,000 |
Source: Keller Williams Realty Los Feliz #16149178 Report a problem | ||
| 11/9/2016 | Price change | $2,500,000+100% |
Source: Keller Williams Realty Los Feliz #16149188 Report a problem | ||
| 9/27/2016 | Pending sale | $1,250,000 |
Source: Keller Williams Realty Los Feliz #16149188 Report a problem | ||
| 9/27/2016 | Price change | $1,250,000-50% |
Source: Keller Williams Realty Los Feliz #16149188 Report a problem | ||
| 8/19/2016 | Pending sale | $2,500,000 |
Source: Keller Williams - Los Feliz #16149188 Report a problem | ||
| 8/6/2016 | Price change | $2,500,000+100% |
Source: Keller Williams - Los Feliz #16149188 Report a problem | ||
| 8/5/2016 | Price change | $1,250,000-50% |
Source: Keller Williams Realty Los Feliz #16149178 Report a problem | ||
| 8/3/2016 | Listed for sale | $2,500,000 |
Source: Keller Williams Realty Los Feliz #16149178 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,570 +0.7% | $1,365,391 +2% |
| 2024 | $16,454 +2% | $1,338,619 +2% |
| 2023 | $16,139 +4.8% | $1,312,373 +2% |
| 2022 | $15,394 +1.2% | $1,286,641 +2% |
| 2021 | $15,206 -1% | $1,261,413 +1% |
| 2020 | $15,363 | $1,248,480 +2% |
| 2019 | $15,363 +427.5% | $1,224,000 +720.1% |
| 2018 | $2,912 | $149,252 +2% |
| 2017 | $2,912 +51.9% | $146,327 +2% |
| 2016 | $1,918 +3.3% | $143,459 +1.5% |
| 2015 | $1,856 +0.2% | $141,305 +2% |
| 2014 | $1,852 | $138,538 +2.5% |
| 2012 | -- | $135,210 +2.8% |
| 2010 | -- | $131,570 -0.2% |
| 2009 | -- | $131,883 +2% |
| 2008 | -- | $129,298 +2% |
| 2007 | -- | $126,764 +2% |
| 2006 | -- | $124,279 |
| 2005 | -- | $124,279 +4% |
| 2004 | -- | $119,455 +1.9% |
| 2003 | -- | $117,267 +2% |
| 2002 | -- | $114,968 +4% |
| 2000 | -- | $110,506 |
Find assessor info on the county website
Neighborhood: Hollywood
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Nearby schools
GreatSchools rating
- 7/10Santa Monica Boulevard Community Charter SchoolGrades: K-6Distance: 0.3 mi
- 3/10Joseph Le Conte Middle SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Helen Bernstein High SchoolGrades: 9-12Distance: 0.2 mi
- California
- Los Angeles County
- Los Angeles
- 90038
- Hollywood
- 5657 Lexington Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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