+1(888) 897-9225
$1,995,000
5642 Lexington Avenue
Los Angeles, California 90038
  • Neighborhood:Hollywood
    • 6094 SqFt
    • Built 1956
  • Status:For Sale
  • MLS:CL26989249
  • Last Updated:18 days ago

Overview

Large 6,094 SF, 8-unit value-add apartment building in the heart of Hollywood, offering strong day-one cash flow at a current 5% cap rate with upside to approximately 7.5% on pro forma rents. Attractively priced at only $249,000 per unit and $327/SF,

Listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.
    5642 Lexington Avenue

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    Property Details

    Key Details

    • Property TypeOther
    • Sq. Ft.6094
    • $/Sq. Ft.$327
    • Built In1956
    • Days on neighborhoods.com18

    Exterior Features

    Parking/Garage
    • Garage (Y/N)No
    • Carport (Y/N)No
    • Parking FeaturesOther, Uncovered, Parking Space

    Interior Features

    Features
    • Sq. Ft.6094
    Utilities
    • Heating (Y/N)Yes
    • Heating TypeWall Furnace

    Property Lot

    Property Features
    • Property Subtype 1Other
    Location Information
    • CountyLos Angeles
    Lot Information
    • Lot Sq. Ft.7099
    • Lot Size Area0.16
    • Living Area6094
    • Living Area UnitsSquare Feet
    • Acres0.16
    • Home
    • Hollywood
    • 5642 Lexington Avenue, Los Angeles, 90038, California