6467 Lexington Ave, Los Angeles, CA 90038

6467 Lexington Ave, Los Angeles, CA 90038

Los Angeles, CA

Property Description

We are pleased to present 6467 Lexington Ave in the heart of Hollywood California! This is the first time the property has been on the market in 17 years! This pride of ownership is easy to manage with solid in-place rents. Currently operating at a 4.5% CAP rate, 6467 Lexington Ave still offers tremendous upside as the tenants enjoy peace, privacy, and security provided by a courtyard and a gated/fenced surrounding. The subject property offers a great unit mix of (1) 2/1.75 (.75 bath may be unpermitted, buyer to verify), (1) 1/1, and (5) studios all with central air and A/C.

Property Features

  • Sale Price: $1,545,000
  • Area Size: 3,264 SF
  • Land Area: 6,002 SF
  • Year Built: 1921
  • Listing Date: 9/25/2020
  • Closing Date: 3/17/2021