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5915 Lexington Ave
Los Angeles, CA 90038
Multi-Family in Hollywood · Multifamily Property For Sale · 5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 3,112 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1924 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,112 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 1/1,000 SF |
About 5915 Lexington Ave , Los Angeles, CA 90038
This Multi-Family opportunity consists of a Single Family Residence and Fourplex totals 3,112 SF on a 6,499 SF R3 corner lot. This property has excellent frontage, with 130 Feet along Lexington Ave. & 50 Feet along Tamarind Ave. The Single Family Residence is a 3 bedroom 2 bath unit and the Fourplex consists of 4 -1 bedroom 1 bath units. This property is currently located within the Opportunity Zone and TOC 2 area! This offering will attract an investor looking for a multi-family property or a developer looking to take advantage of the properties TOC designation, Opportunity Zone & prime location. The Subject Property is located at the corner of Lexington & Tamarind Ave., just one block north of Santa Monica Blvd. Schools in the immediate area include: Hollywood Primary Center, Joseph Le Conte Middle School, Helen Bernstein High School, Emerson College, just to name a few. Very Walkable area with a walking score of 85. Great accessibility; less than one mile from the 101 freeway on-ramp and approximately 1 mile from the Hollywood / Vine Metro Redline Station. The property is located within a strong infill location; over 60,000 people reside within a 1-mile radius and over 400,000 people reside within a 3-mile radius. Current Cap Rate is 3%
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 3+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 5534-009-013 | Improvements Assessment | $341,637 |
| Land Assessment | $587,623 | Total Assessment | $929,260 |
PROPERTY TAXES
zoning
| Zoning Code | R3, Los Angeles |
| R3, Los Angeles |
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