Welcome to this exceptional opportunity in the heart of the Hollywood Media District one of L.A.'s most vibrant and sought-after rental markets. This 8-unit apartment building, offers a rare blend of in-place income, value-add potential, making it an incredible investment! Located in a walkable, high-demand neighborhood surrounded by new multifamily… Read More developments, mixed-use projects, and entertainment-focused facilities like movie studios and post-production houses, 6423 Lexington is perfectly positioned to attract tenants seeking a vibrant urban lifestyle in the heart of Hollywood. To be delivered vacant, located on Lexington, the largest unit is a 4 bedroom 2.5 baths (or 3 Bed + studio (with its own entrance), gated tandem parking and secure outdoor patio. All other units, located on Cole, are 2 bedroom + one bath units; all offer 1 car parking. In total 2 units (big 4+2.5 Unit and one 2+1) will be delivered vacant. 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! Read Less
Courtesy of Compass 310-652-6285
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
17
Square Ft.
7,449
Lot Size
0.16 Acres
Year Built
1959
MLS Number
26835681
30 Days Snapshot Of 90038
$1.23M
+16%
(avg) sold price
1
-80%
home sold
166
+219%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Freezer, Range/Oven, Washer
Building
7,449 sq ft, Built in 1959, Levels: Two
Cooling
Wall Unit(s)
Disclosures
As Is, Rent Control
Garage
Carport, Carport Attached, Covered Parking
Heating
Central, Wall
Laundry
Room
Lot
LotAcreage: 0.1587, LotSizeArea: 6,915, Front Yard, Fenced, Fenced Yard, Corner Lot
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