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$ 2,250,000
Est. payment /mo
Active
6423 Lexington Avenue Los Angeles, CA 90038
7,449 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,449 sqft
Price per Sqft $302
MLS Listing ID CL26835681
HOA Y/N No
Year Built 1959
Lot Size 6,915 Sqft
Acres 0.1587
Property Sub-Type Other
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
Zoning LARD1.5
Interior
Heating Wall Furnace, Other
Fireplace No
Laundry Laundry Room, Washer
Building
Lot Description Front Yard
New Construction No
Others
Tax ID 5533004015
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Listed by Angelo Fierro • Compass