6423 Lexington Avenue, Los Angeles, CA 90038

$2,250,000
17
BD
10
BA
7,449
SqFt

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List Price
$2,250,000
Price Change
▼ $149,000 1785746941
Status
ACTIVE
MLS#
26835681
Year Built
1959
Bedrooms
17
Bathrooms
10
Living Sq. Ft
7,449
Lot Size
6,915
Acres
0.16
Lot Location
Front Yard
Days on Market
117
Property Type
Multifamily
Stories
Two Levels

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

Appliances
Washer
Pool Description
None
Heat
Central, Wall Furnace
Attached Structure
Detached
Number Of Units Total
8

Listing courtesy of Listing Agent: Angelo Fierro (asklosangelo@gmail.com) from Listing Office: Compass.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.