5237 Lexington Ave | Los Angeles, CA 90029
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This Multifamily Property is no longer advertised on LoopNet.com.
5237 Lexington Ave
Los Angeles, CA 90029
Possibly Delivered Vacant - 1 Unit Built 2011 · Multifamily Property For Sale
·
3 Units

INVESTMENT HIGHLIGHTS
- Rear Two-Bedroom Unit Constructed in 2011 – Not Subject to Los Angeles Rent Control (Buyer to Verify)
- “House Hack” Opportunity – Buyer May Occupy Owner’s Unit While Using Income from Other Apartments to Cash Flow and/or Cover Mortgage Payments
- In-Unit Washer/Dryers, Gated Parking for Six Vehicles
- May Be Delivered Fully Vacant, Allowing New Owner the Opportunity to Set Entire Property to Full Market Rents
- Potential to Secure Favorable Residential Financing with Lower Down Payment
- Tenants Enjoy Convenient Access to Trendy Neighborhoods of Franklin Village, Larchmont Village, and Virgil Village
PROPERTY FACTS
| No. Units | 3 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 2,863 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1910/2011 |
| Building Class | C | ||
| Zoning | LARD1.5 | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 2,863 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2011 |
| Zoning | LARD1.5 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $1,650 | 500 |
| 2+1 | 1 | $1,695 | 836 |
| 4+2 | 1 | $4,650 | 1,527 |
LINKS
Listing ID: 28744821
Date on Market: 6/13/2023
Last Updated:
Address: 5237 Lexington Ave, Los Angeles, CA 90029
The Little Armenia Multifamily Property at 5237 Lexington Ave, Los Angeles, CA 90029 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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