





Bedroom
5
Bath
12
Year Built
1968
Size
12,012 sf
Property Type
Multi-Family
Property Description
INVESTMENT HIGHLIGHTS • Prime Location: Close to entertainment and business hubs in Hollywood. In Opportunity Zone • Parking Advantage: Rare for the area—one parking space per unit (21 total spaces). • Income Potential: Approximately 32% upside in rents. • Upgraded Features: Copper plumbing throughout, a newer roof (2019), and updated windows (2015). • Recent Improvements: Newer cement driveway and parking area (2016), earthquake retrofit completed (2016). Newer water heater (2017). • Additional Revenue: Leased laundry and dry machines generate approximately $250 per month. EXECUTIVE SUMMARY Total Commercial Inc. is pleased to present an exceptional investment opportunity in the heart of Hollywood. This well-maintained 21-unit apartment building is situated near key attractions such as the STEM Academy of Hollywood, Netflix HOME Theater, and the vibrant Hollywood district. Please email me at Brian@TcomApts.com to get the Operating Memorandum.
Property Details
Property ID
17718
Price
$4,200,000
Property Size
12,012 sf
Bathrooms
12
Year Built
1968
Property Type
Multi-Family
Property Status
FOR SALE
Bedrooms
5
Address
Address
Map Address
City
State
Area
5661 Lexington Ave, Los Angeles, CA 90038
5661 Lexington Ave, Los Angeles, CA 90038
Los Angeles
CA
CA
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