5661 Lexington Ave - Apartments FOR SALE
Los Angeles, CA 90038 |
5661 Lexington Ave
Los Angeles, CA 90038
HIGHLIGHTS
- Prime Location: Close to entertainment and business hubs in Hollywood. In Opportunity Zone
- Upgraded Features: Copper plumbing throughout, a newer roof (2019), and updated windows (2015).
- Parking Advantage: Rare for the area—one parking space per unit (21 total spaces).
- Recent Improvements: Newer cement driveway and parking area (2016), earthquake retrofit completed (2016). Newer water heater (2017).
- Income Potential: Approximately 32% upside in rents.
- Additional Revenue: Leased laundry and dry machines generate approximately $250 per month.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
5661 Lexington Ave
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
12000
STORIES
2
YEAR BUILT
1968
PARKING SPACES
21
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5536-004-034
