6423 Lexington Avenue,Los Angeles, CA 90038
Los Angeles, CA 90038
Description
Welcome to this exceptional opportunity in the heart of the Hollywood Media District one of L.A.'s most vibrant and sought-after rental markets. This 8-unit apartment building, offers a rare blend of in-place income, value-add potential, making it an incredible investment! Located in a walkable, high-demand neighborhood surrounded by new multifamily developments, mixed-use projects, and entertainment-focused facilities like movie studios and post-production houses, 6423 Lexington is perfectly positioned to attract tenants seeking a vibrant urban lifestyle in the heart of Hollywood. To be delivered vacant, located on Lexington, the largest unit is a 4 bedroom 2.5 baths (or 3 Bed + studio (with its own entrance), gated tandem parking and secure outdoor patio. All other units, located on Cole, are 2 bedroom + one bath units; all offer 1 car parking. In total 2 units (big 4+2.5 Unit and one 2+1) will be delivered vacant. Whether you're looking for steady cash flow, significant upside potential, or a pride-of-ownership property in one of L.A.'s most dynamic submarkets, 6423 Lexington is a unique opportunity that checks all the boxes. So much happening in this neighborhood that makes it an investment to jump on!
Details
| MLS # | 26835681 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 96 |
| Listing Provided By | Compass | Angelo Fierro |
Features
| Bed(s) | 17 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 7,449 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.16 |
Interior
| Heating | Central, Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Washer |
Exterior
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Gated Community, Smoke Detectors, Window Bars |
|---|---|
| Lot Features | Front Yard |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Covered, Carport |
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $2,250,000 low | high Med: $2,075,000 sqft: 7,449 low | high Med: 3,874 $ / sqft: $302 low | high Med: $536 On site: 96 low | high Med: 101 | |
Market Activity 90038
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $2,250,000 low | high Med: $2,075,000 sqft: 7,449 low | high Med: 3,874 $ / sqft: $302 low | high Med: $536 On site: 96 low | high Med: 101 | |
