5342 Lexington Ave | Los Angeles, CA 90029
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- LoopNet Team
5342 Lexington Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
10 Units
Investment Highlights
- Value-Add Opportunity – 38% Upside in Rents
- Potential to Convert Non-Conforming Units to ADUs
- Seismic Retrofitting Completed
- Delivered with One 1-Bed Unit Vacant
- New Railings and Walkway Repairs Completed
Property Facts
| No. Units | 10 | Building Size | 8,034 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LARD1.5 - multiple dwelling zone | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,034 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | LARD1.5 - multiple dwelling zone |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,737 | - |
| 2+1 | 2 | $1,652 | - |
Property Taxes
| Parcel Number | 5537-007-004 | Improvements Assessment | $261,739 |
| Land Assessment | $333,123 | Total Assessment | $594,862 |
Property Taxes
Parcel Number
5537-007-004
Land Assessment
$333,123
Improvements Assessment
$261,739
Total Assessment
$594,862
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