Skip To Content

5836 Lexington Avenue

Los Angeles (City), CA 90038
  • $2,360,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 21783030
Price Reduced
UPDATED: 49 min ago
$2,360,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

5836 Lexington Ave is an 8 unit income producing, multi-family property in the heart of Hollywood, one of the most desirable submarkets in Los Angeles. The asset boasts a diverse unit mix of 2 and 1 Bedroom, and Studio units. This particular pocket of Hollywood is near the Hollywood Hills, the famed Griffith Observatory, and minutes from all major attractions and nightlife of downtown Hollywood, such as the TCL Chinese Theatre, and the Hollywood Walk of Fame. The location, type of units offered, and the well maintained condition of the asset will attract a wide variety of qualified tenants, allowing the astute investor to capture the considerable 52% UPSIDE left throughout the rents. The property is fully occupied, please do not disturb the tenants.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T08:25:24.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/121390276
Print Image

5836 Lexington Avenue Los Angeles (City), CA 90038

  • Price: $2,360,000
  • Status: Active
  • Updated: 49 min ago
  • ID#: 21783030
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1956
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
5836 Lexington Ave is an 8 unit income producing, multi-family property in the heart of Hollywood, one of the most desirable submarkets in Los Angeles. The asset boasts a diverse unit mix of 2 and 1 Bedroom, and Studio units. This particular pocket of Hollywood is near the Hollywood Hills, the famed Griffith Observatory, and minutes from all major attractions and nightlife of downtown Hollywood, such as the TCL Chinese Theatre, and the Hollywood Walk of Fame. The location, type of units offered, and the well maintained condition of the asset will attract a wide variety of qualified tenants, allowing the astute investor to capture the considerable 52% UPSIDE left throughout the rents. The property is fully occupied, please do not disturb the tenants.
Exterior Features

Carport YN Yes Parking Features Carport

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Gross Income 121548 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 62148 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar3

Listing provided courtesy of Chase Simonton of Re/Max One


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T08:25:24.643. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367252263-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367252263-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367252263-1.jpg
Logo
Keller Williams Realty
,