5632 Lexington Avenue
5632 Lexington Avenue
$2,000,000
12
12
7,368
7,368
$271
Sold 10/1/21
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Description
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,...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!
- Listed by Will Tiao • DRE #01918965 • Brokerage DRE #01335786 • The Collective Realty
Property Details for 5632 Lexington Avenue
Water Front
None
ZoningLAR3
StyleLow Rise
Cross StreetsSanta Monica and Western
Accessibility FeaturesNone
Parcel Number5536007008
Total Units10.0
Living Area7368
Location
LISTING UPDATED: 10/01/2021 05:40 PM
Property Details for 5632 Lexington Avenue
Status | Sold |
---|---|
MLS # | 21-722344 |
Days on Market | 105 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | 0.17 AC / 7,499 SF |
County | Los Angeles County |
Location
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Building Information for 5632 Lexington Avenue
Stories2Residences-Year Built1962Building Size-Lot Size0.17 AC / 7,499 SF
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$10,915 per month
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Property Information for 5632 Lexington Avenue
Property History for 5632 Lexington Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 5632 Lexington Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Santa Monica Boulevard Community Charter School CharterK to 6 | ||
Joseph Le Conte Middle School Public6 to 8 | ||
STEM Academy at Bernstein High Public9 to 12 | ||
Helen Bernstein High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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