6423 Lexington Ave, Los Angeles, CA 90038
6423 Lexington Ave, Los Angeles, CA 90038
6423 Lexington Ave, Los Angeles, CA 90038
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$2,250,000
Est. payment /mo
17 Beds
10 Baths
7,449 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,449 sqft

Price per Sqft $302

MLS Listing ID 26835681

Bedrooms 17

Year Built 1959

Lot Size 6,915 Sqft

Acres 0.1587

Property Sub-Type Multi-Family

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!

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central, Wall

Cooling Wall Unit(s)

Equipment Freezer, Range/Oven, Washer

Laundry Room

Exterior

Parking Features Carport, Carport Attached, Covered Parking

Garage Spaces 8.0

Pool None

Building

Lot Description Front Yard, Fenced, Fenced Yard

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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Kirshner Elkin Properties

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