Located in an up-and-coming pocket of Hollywood, this five-unit property presents an excellent opportunity for investors and developers alike. Four of the five units are currently tenant-occupied, with one unit vacant and ready to lease or reimagine. Anchoring the property is a spacious single-family home featuring 3 bedrooms, 2 bathrooms, a 2-car garage, and driveway parking. Along Lexington, you’ll find four 1-bedroom units that add consistent rental potential. Sitting on a lot just over 9,000 sq. ft. and zoned LARD1.5, the property offers significant upside in rental income as well as long-term development potential to maximize its highest and best use. Its prime location places it close to the Metro, the 101 Freeway, Hollywood attractions, LA City College, multiple hospitals, Downtown Los Angeles, and an array of shops and restaurants. Bring your vision and passion to this evolving neighborhood and unlock the full potential of this unique investment opportunity.
| MLS # | BB26136227 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1924 |
| Days On Site | 77 |
| Listing Provided By | Real Brokerage Technologies | Eric Benz |
| SQ Feet | 5,239 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 5 |
| Building(s) | 2 |
| Acreage | 0.22 |
| Lot Features | Zero To One Unit Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C20 Hollywood |
| Listing VS Median (in 90026) | |
Price: $1,290,000 low | high Med: $1,699,000 sqft: 5,239 low | high Med: 6,454 $ / sqft: $246 low | high Med: $270 On site: 77 low | high Med: 359 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C20 Hollywood |
| Listing VS Median (in 90026) | |
Price: $1,290,000 low | high Med: $1,699,000 sqft: 5,239 low | high Med: 6,454 $ / sqft: $246 low | high Med: $270 On site: 77 low | high Med: 359 | |