6423 Lexington Ave, Los Angeles, CA 90038
- $2,250,000
- 17
- BD
- 10
- BA
- 7,449
- SqFt
- List Price
- $2,250,000
- Price Change
- ▼ $149,000 1785746724
- MLS#
- 26835681
- Year Built
- 1959
- Bedrooms
- 17
- Bathrooms
- 10
- Living Sq. Ft
- 7,449
- Lot Size
- 6,915
- Lot Location
- Corner Lot
- Days on Market
- 128
- Property Type
- Multifamily
- Stories
- 2
Property Description
6423 Lexington (the "Colex Apartments") is an 8-unit, two-story 1959 building on a 6,915 sf corner lot at Lexington and Cole in the Hollywood Media District, zoned LARD1.5, 7,449 sf of living area, 8 parking spaces (6 covered, gated tandem for the big unit). Unit mix is one 4bd/3ba plus seven 2bd/1ba. This is the East Hollywood side of the Media District, a few blocks from Netflix on Vine, Sunset Gower and Sunset Bronson, Paramount, and a heavy concentration of post-production shops, with new mid-rise apartments going up along Lexington (5806 and 5817 Lexington are recent examples). Renter demand from is real and the walkability is excellent. This 8-unit apartment building is perfectly positioned to attract tenants seeking a vibrant urban lifestyle in the heart of Hollywood. 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!
Additional Information
- Lot Description
- Front Yard, Fenced, Fenced Yard
- Other Buildings
- None
- Pool Description
- None
- Heat
- Central, Wall
- Cooling
- Wall Unit(s)
- Number of Cars in Garage
- Carport, Carport Attached, Covered Parking
Mortgage Calculator
Courtesy of Compass, Angelo Fierro - CA DRE#01724787
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