Los Angeles, California 90038 $1,690,000
- 10 beds
- 10 1/2 baths
5743 Lexington Ave
Los Angeles, California 90038
8-unit apartments located in fabulous Hollywood! 5743 Lexington Ave, Los Angeles 90038. 8-unit apartment complex located in a great location with a walk score of 84. This unit sits just blocks away from Santa Monica Boulevard where tenants have the option to walk to various restaurants, bars, grocery stores, parks, schools, and more! The famous Hollywood Forever Cemetery is just around the corner! This unit is known for it's stable tenants and income; having a low turnover rate overall in this particular neighborhood. Low rent with plenty of potential to upgrade and increase rent in the future, making this complex a great investment. Built in 1966, this is a 6,656 square foot building sitting on a lot of 7501 square feet. It includes a total of 11 parking spaces for the 8 unit apartment complex. Located West of Fwy 101 and North of Santa Monica Blvd, making this unit easily accessible to and from and daily commutes. Truly a coveted location and wonderful investment. Not to mention the dream client I got to work with! Sold on December 8th of last year for $1,630,000! This unit has a total of 8 units containing a grand total of 12 bedrooms and one studio unit with a combined total of 11.5 bathrooms. Plenty of potential in a location sure to please for years to come! 8-unit apartments located in fabulous Hollywood!