5737 Lexington Ave - Apartments FOR SALE
Los Angeles, CA 90038 |
5737 Lexington Ave
Los Angeles, CA 90038
HIGHLIGHTS
- Marcus & Millichap is pleased to present 5737 Lexington Ave, a 20-unit multifamily investment opportunity in Hollywood
- The property features a unit mix of 20 singles
- At the asking price, the property is being offered at a 6.20% CAP rate at 8.75 GRM on current income with an additional 16% rental upside
- The property has professional landscaping and a secured, gated entrance with intercom access; significant cap ex has been invested by ownership
- The building is separately metered for electricity and has an on-site laundry room with two washers and two dryers
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Lexington Ave Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
10292
STORIES
2
YEAR BUILT
1927
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5536-005-005
