Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 17 BR |
| Bathrooms: | 10 |
| Area: | 6915 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$2,399,000
Listing Courtesy of Compass
6423 Lexington Ave 17BR Hancock Park La
Description
Welcome to this exceptional opportunity in the heart of the Hollywood Media District one of L.A.'s most vibrant and sought-after rental markets. This 8-unit apartment building, offers a rare blend of in-place income, value-add potential, making it an incredible investment! Located in a walkable, high-demand neighborhood surrounded by new multifamily developments, mixed-use projects, and entertainment-focused facilities like movie studios and post-production houses, 6423 Lexington is perfectly positioned to attract tenants seeking a vibrant urban lifestyle in the heart of Hollywood. To be delivered vacant, located on Lexington, the largest unit is a 4 bedroom 2 baths (or 3 Bed + studio (with its own entrance), gated tandem parking and secure outdoor patio. All other units, located on Cole, are 2 bedroom + one bath units; all offer 1 car parking. In total 2 units (big 4+2 Unit and one 2+1) will be delivered vacant. Whether you're looking for steady cash flow, significant upside potential, or a pride-of-ownership property in one of L.A.'s most dynamic submarkets, 6423 Lexington is a unique opportunity that checks all the boxes. So much happening in this neighborhood that makes it an investment to jump on!
Neighborhood
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.