6815 Lexington AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90038
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,369 sqft
Price per Sqft $460
MLS Listing ID 25489121
Bedrooms 7
Year Built 1923
Lot Size 4,421 Sqft
Property Description
6815 Lexington Avenue is a 5 unit multifamily property in Hollywood that is on the market for the first time since 1999. The property consists of a four unit structure and a separate, standalone house that was recently renovated and fully legalized as an ADU. Although it was originally built in 1923, the property has been professionally maintained and managed for over 25 years. The five units are situated on a 4,718 SF lot at the corner of Lexington Ave. and Citrus Ave., within walking distance to Highland and Santa Monica Blvd. Its central location ensures strong rental demand and upside for the foreseeable future. An attractive unit mix presents buyers with the opportunity to add to their portfolio in one of the best rental locations in all of Los Angeles. With one unit being delivered vacant at the close of escrow, buyers will also be able to add value and realize market rent immediately.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Parking Features Driveway
Community Features Gated
Building
Story 2
New Construction No
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard