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. This property offers investors a unique opportunity to acquire a well-maintained asset nested near by multiple new development sites with a significate rental upside potential.
Property Details
Price:
$1,995,000
MLS #:
25544257
Status:
Active
Baths:
0
Address:
5732 Lexington Avenue
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
May 27, 2025
State:
CA
ZIP:
90038
Lot Size:
7,503 sqft / 0.17 acres (approx)
Year Built:
1969
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
Carport
Parking Spots
10.00
Financial
Map
Community
- Address5732 Lexington Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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5732 Lexington Avenue
Los Angeles, CA
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