Price Reduced Listing
5732 Lexington Avenue,Los Angeles, CA 90038
Los Angeles, CA 90038
Description
Ideally situated 8-unit multifamily building. Located just south of Sunset Boulevard. This asset consists of a very favorable unit mix consisting of one 3 Bed/2 Bath unit, three 2 Bed/1 Bath units, and four 1 Bed/1 Bath unit. The building comes with 10 parking spaces. Current ownership has done multiple upgrades and renovated some of the units. Government-required seismic retrofitting has been completed, newer roof and paint. The building is separately metered for gas and electricity. With a walk-score of 97 Walker s Paradise and is in a short distance from highly desirable dining and entertaining destinations. . The property is easily accessible to some of the most iconic neighborhoods and sites in Hollywood and Los Angeles. With easy access to 101 Freeway, it allows for an easy commute to Downton LA, and major local Hollywood attractions such as the Hollywood Walk of Fame, Griffith Observatory, Paramount Pictures Studios, Los Angeles City College. Located two blocks away from new development ECHELON STUDIOS OF HOLLYWOOD. This property offers investors a unique opportunity to acquire a well-maintained property nested near by multiple new developments with a significate rental upside potential.
Details
| MLS # | 26864587 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 92 |
| Listing Provided By | Prime Banker Realty, Inc. | Leonid Gershkovich |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 6,652 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.17 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $1,699,900 low | high Med: $665,000 sqft: 6,652 low | high Med: 1,044 $ / sqft: $256 low | high Med: $637 On site: 92 low | high Med: 35 | |
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: $1,699,900 low | high Med: $665,000 sqft: 6,652 low | high Med: 1,044 $ / sqft: $256 low | high Med: $637 On site: 92 low | high Med: 35 | |
