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Listed by Eric Benz • Real Brokerage Technologies
$1,595,000
Est. payment /mo
5,239 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,239 sqft
Price per Sqft $304
MLS Listing ID CRBB25226762
HOA Y/N No
Year Built 1924
Lot Size 9,504 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
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