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$ 2,250,000
Est. payment | /mo
7,449 SqFt
$ 2,250,000
Est. payment | /mo
7,449 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,449 sqft
Price per Sqft $302
MLS Listing ID CL26835681
HOA Y/N No
Year Built 1959
Lot Size 6,915 Sqft
Acres 0.1587
Property Sub-Type Other
Property Description
Welcome to this exceptional opportunity in the heart of the Hollywood Media District one of L.A.'s most vibrant and sought-after rental markets. This 8-unit apartment building, offers a rare blend of in-place income, value-add potential, making it an incredible investment! Located in a walkable, high-demand neighborhood surrounded by new multifamily developments, mixed-use projects, and entertainment-focused facilities like movie studios and post-production houses, 6423 Lexington is perfectly positioned to attract tenants seeking a vibrant urban lifestyle in the heart of Hollywood. To be delivered vacant, located on Lexington, the largest unit is a 4 bedroom 2.5 baths (or 3 Bed + studio (with its own entrance), gated tandem parking and secure outdoor patio. All other units, located on Cole, are 2 bedroom + one bath units; all offer 1 car parking. In total 2 units (big 4+2.5 Unit and one 2+1) will be delivered vacant. Whether you're looking for steady cash flow, significant upside potential, or a pride-of-ownership property in one of L.A.'s most dynamic submarkets, 6423 Lexington is a unique opportunity that checks all the boxes. So much happening in this neighborhood that makes it an investment to jump on!
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Other, Wall Furnace
Fireplace No
Laundry Laundry Room, Washer
Building
Lot Description Front Yard
New Construction No
Others
Tax ID 5533004015
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Listed by Angelo Fierro • Compass
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Patrick Nagel
REALTOR® | Lic# 1760790