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5661 Lexington Ave
Los Angeles, CA 90038 Hollywood

$3,900,000 USD

Apartments For Sale  •  12,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,012 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1968
  • Zoning R3-1, Los Angeles
70 Transit Score
80 Walk Score

Highlights

Prime Location: Close to entertainment and business hubs in Hollywood. In Opportunity Zone
Upgraded Features: Copper plumbing throughout, and updated windows (2015).
Recent Improvements: Newer cement driveway and parking area (2016), earthquake retrofit completed (2016)
Income Potential: Approximately 32% upside in rents.
Additional Revenue: Leased laundry and dry machines generate approximately $250 per month.

Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Security System
  • Heating
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 5.1 mi
10 min - 5.5 mi
Transit/SubwayDriveWalkDistance
Hollywood/Western Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Bob Hope 17 min - 9.7 mi
Los Angeles International 26 min - 13.8 mi
Long Beach (Daugherty Field) 38 min - 28.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Brian Ji 213-387-3456 Total Commercial, Inc.
Brian Ji 213-387-3456 Total Commercial, Inc.