5632 Lexington Avenue
Los Angeles, CA 90038
- Bedrooms
- Studio
- Bathrooms
- 0
- Interior
- 7,368 sq ft
- Year Built
- 1962
About this residence
Price reduction of $145K!!! Seller motivated. Great opportunity to own a ten unit property in up-and-coming located East Hollywood. Property has not been on the market for 50 years and has huge upside potential! Building consists of eight 1 bedroom/1bath units and two 2 bedroom/2 bath units and comes with ten gated parking spaces. Well maintained building already has been seismic earthquake retrofitted. Property has easy access to the Metro Red Line, 101, 10, and 110 freeway and close to Los Feliz, Silver Lake, and DTLA. Market rents would give this property a potential 11.9 GRM and 5.7% Cap. Don't miss out on this opportunity to improve on this gem!
Features & finishes
- Walk In Closets
Property details
- Status
- Sold
- Property type
- Single-Family Home
- Price per sq ft
- $271/sq ft
- Days on market
- 103 days
- Listed
- May 5, 2021
- Year built
- 1962
- View
- CityLights
- Parking
- 10 spaces
- Furnished
- No
- Waterfront
- No
- MLS number
- 21722344
Location & neighborhood
5632 Lexington Avenue, Los Angeles, CA 90038
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Mortgage calculator
- Principal & interest$10,113
- Property taxes$3,033
- Insurance$833
- HOA / fees$0
Estimate only. Taxes, insurance and HOA are approximate.
Listing courtesy of The Collective Realty · MLS 21722344. Information deemed reliable but not guaranteed; buyers should independently verify all details.
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