5510 Lexington Ave., Los Angeles, CA 90038 - OC24163011 - iPro Real Estate

5510 Lexington Ave.
Los Angeles, CA 90038

Withdrawn, Multi-Family/Income Sale

For Sale

$2,495,000 $277.38 per sqft

Free Professional CMA

Listing ID : OC24163011

  • Lot Size

    8,995 Sqft
  • Year

    1925

Description

Situated in the Hollywood neighborhood, Lamlex Lexington Apartments consists of 20 units. The property is located minutes away from two major thoroughfares, Santa Monica Blvd, Sunset Blvd, and the 101 Freeway. Residents benefit from the short commute to Downtown Los Angeles and the walking distance to all nearby amenities along Sunset Strip and Santa Monica Blvd. Lamlex Lexington Apartments offers 16 studio/one-bath apartments each measuring approximately 425 square feet each and 4 one-bed/one-bath apartments each measuring approximately 700 square feet each. The average unit size is approximately 480 square feet. The apartments are separately metered for gas and electric.

Details

Type: Multi-Family/Income Sale 
Subdivision: C20 - Hollywood 
County: Los Angeles 
Tax ID: 5536008005
Cap Rate: 4.63% 
Gross Rent Multiplier: 9.78 
AltCal ID: CROC24163011 
Laundry: Community Facility 
Number of Buildings: 1 
Number of Units: 20 
Property Type: Commercial Sale 
Sewer: None 

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Interactive

34.092781 -118.309883 $2,495,000 OC24163011
5510 Lexington Ave., Los Angeles, CA 90038
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Listed by Brent Sprenkle with NorthMarq Realty Services, Inc

Based on information from the MLSListings MLS) as of 1/2/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 1/2/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes