6467 Lexington Ave., Los Angeles, CA 90038 - SB20200960 - iPro Real Estate
iPro Real Estate

iPro Real Estate

6467 Lexington Ave.
Los Angeles, CA 90038

Sold, Multi-Family/Income Sale

For Sale

$1,545,000 $299.07 per sqft

Free Professional CMA

Listing ID : CRSB20200960

  • Lot Size

    6,002 Sqft
  • Year

    1921

Description

We are pleased to present 6467 Lexington Ave in the heart of Hollywood California! This is the first time the property has been on the market in 17 years! This pride of ownership is easy to manage with solid in-place rents. Currently operating at a 4.7% CAP rate, 6467 Lexington Ave still offers tremendous upside as the tenants enjoy peace, privacy, and security provided by a courtyard and a gated/fenced surrounding. The subject property offers a great unit mix of (1) 2/1.75 (.75 bath may be unpermitted, buyer to verify), (1) 1/1, and (5) studios all with central air and A/C.

Details

Type: Multi-Family/Income Sale 
Subdivision: C10 - West Hollywood Vicinity 
County: Los Angeles 
Tax ID: 5533001049
Cap Rate: 4.74% 
Gross Rent Multiplier: 13.52 
Laundry: Community Facility 
Number of Buildings: 1 
Number of Units: 7 
Property Type: Commercial Sale 
Water: District - Public 

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Interactive

34.09264 -118.331139 $1,795,000 SB20200960
6467 Lexington Ave., Los Angeles, CA 90038
Directions to here from:

Area Information 90038

Population:

28,522 Up .01% since 2010
Average Income:
$58,072
Average Age:
34Years
Gender:
52.77%Male
47.23%Female
Households:
11,85025.14% with children
Average Value:
$1,239,985
Occupancy:
9.62%Owned
90.38%Rented
7.28%Vacant
Education:
16.91%High School
5.44%Associate
21.44%Bachelor
8.61%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
15.65Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $561,045
  • Improvements $252,387

  • Total $813,432

Property Tax

  • 2020 $10,749

History

Date Transaction Price Mortgage Amt & Lender
Date
Mar 25, 2021
Transaction
Sold - Commercial Multi-Residential (5+ units)CRSB20200960
Price
$1,545,000
Mortgage Amt & Lender
- -
Date
Jun 06, 2019
Transaction
Sold - Commercial Multi-Residential (5+ units)CRS159077
Price
$329,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Stephen Takahashi with Lyon Stahl Investment Real Estate, Inc.

Based on information from the MLSListings MLS) as of 10/28/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 10/28/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes