Los Angeles, CA 90038 5716 Lexington Avenue

5716 Lexington Avenue Los Angeles, CA - Image 15716 Lexington Avenue Los Angeles, CA - Image 25716 Lexington Avenue Los Angeles, CA - Image 3
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5716 Lexington Avenue Los Angeles, CA - Image 45716 Lexington Avenue Los Angeles, CA - Image 55716 Lexington Avenue Los Angeles, CA - Image 6
  • MLS# PW21242578
  • 11/04/2021
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Presented By: James Mann with Coldwell Banker Platinum Prop. - 949-233-9601
  • Beds • 20
  • Baths • 16
  • SQFT • 6,808
  • Garage • 16
  • Year Built • 1993

Home Details

This 8 Units is located in the heart of Hollywood neighborhood. The property was built in 1993, consisting of four (4) two Bdrms/1.5 Bath and four (4) Three Bdrms/ 2 Baths. All units are separately metered for gas & electric. Only one unit- #2 is a Sec 8 rental. The other 7 units the current rental rates are within 10% of the market rates. The building is comprised of one two-story building above a subterranean garage, gated & secure parking structure with 16 spaces. Additional amenities include of a laundry room with building owner washer/dryer and control access entry from the units. The property has been very well maintained by the current long-term owner, 3 units have had high-end renovation with upgrades consisting of kitchen appliances, bathrooms, flooring & fixtures. This building presents an opportunity for an investor to maintain a very stable income stream; existing tenants have lived there on the average of over 6 years, rents have been maintained near market rate. Property is being sold in it “as in” condition.
Presented By: James Mann with Coldwell Banker Platinum Prop. - 949-233-9601

Interior Features for 5716 Lexington Avenue

Other Interior Features

Common Walls1 Common Wall
Laundry FeaturesCommon Area

General for 5716 Lexington Avenue

Additional Parcels Y/NNo
Community FeaturesStreet Lights
Garage Spaces16
Garage Y/NYes
Land Lease Y/NNo
Listing AgentJames Mann - BRE#00546945
Listing Agent State License00546945
Lot Size Square Feet7500
MLS AreaC20 - Hollywood
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
TermsCash, Cash to New Loan
Total Units8
Water Sewer Expense10200

Exterior for 5716 Lexington Avenue

Lot Features26-30 Units/Acre
Lot Size Acres0.17
Lot Size Area7500
Lot Size SourceAssessor
Lot Size UnitsSquare Feet
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters9
Total Parking16
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $3,285,000
List Date 11/04/2021
Property Type Pending
Phone 310.658.1749
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