5510 Lexington Ave | Los Angeles, CA 90038
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- LoopNet Team
5510 Lexington Ave
Los Angeles, CA 90038
$105K Price Reduction-9.78 GRM in Hollywood · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- PRICE REDUCED! SELLER MOTIVATED!
- Very Low Price Per Unit—$124,750
- Central Hollywood Location
- 9.78 GRM on Current Income with Upside!
- Massive Rental Upside of Over 50%
PROPERTY FACTS
| No. Units | 20 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 11,956 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1925 |
| Zoning | C2-2, Los Angeles - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 11,956 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | C2-2, Los Angeles - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | $1,102 | 425 |
| 1+1 | 4 | $1,149 | 700 |
PROPERTY TAXES
| Parcel Number | 5536-008-005 | Improvements Assessment | $339,029 |
| Land Assessment | $542,453 | Total Assessment | $881,482 |
PROPERTY TAXES
Parcel Number
5536-008-005
Land Assessment
$542,453
Improvements Assessment
$339,029
Total Assessment
$881,482
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