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5510 Lexington Avenue

Los Angeles, CA 90038
  • $2,495,000
  • STATUS: ACTIVE
  • ON SITE: 87 Days
  • ID#: OC24163011
UPDATED: 24 min ago
$2,495,000
  • 1
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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. 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/153441215
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5510 Lexington Avenue Los Angeles, CA 90038

  • Price: $2,495,000
  • Status: ACTIVE
  • On Site: 87 Days
  • Updated: 24 min ago
  • ID#: OC24163011
1
Beds
0
Baths
0
½ Baths
0.21
Acres
Neighborhood:
Los Angeles (90038)
County:
Los Angeles
Area:
Los Angeles (90038)
Property 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. 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.
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1

Property Features

Actual Cap Rate 4.63 Annual Expense Actual 132023 Buildings 1 Cfd Mello Roos Fee 1815.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 9.78 Gross Scheduled Income Actual 247656 Monthly Total Fees 151 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1026.0 Unit2 Rent Actual 1055.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Brent Sprenkle of NorthMarq Realty Services, Inc: 310-621-8221. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128