Listing provided courtesy of Compass- MLS# 26835681
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Request Info6423 Lexington AveLos Angeles, CA 90038
Multi-Family · 17 Beds · 7,449 Sq. ft. | 0.16 Acres$2,399,000
Active
6423 Lexington Ave Overview
- Time on Site:
- 41 days
- Visits:
- 0
Welcome to this exceptional opportunity in the heart of the Hollywood Media District one of L.A.'s most vibrant and sought-after rental markets. This 8-unit apartment building, offers a rare blend of in-place income, value-add potential, making it an incredible investment! Located in a walkable, high-demand neighborhood surrounded by new multifamily developments, mixed-use projects, and entertainment-focused facilities like movie studios and post-production houses, 6423 Lexington is perfectly positioned to attract tenants seeking a vibrant urban lifestyle in the heart of Hollywood. To be delivered vacant, located on Lexington, the largest unit is a 4 bedroom 2.5 baths (or 3 Bed + studio (with its own entrance), gated tandem parking and secure outdoor patio. All other units, located on Cole, are 2 bedroom + one bath units; all offer 1 car parking. In total 2 units (big 4+2.5 Unit and one 2+1) will be delivered vacant. Whether you're looking for steady cash flow, significant upside potential, or a pride-of-ownership property in one of L.A.'s most dynamic submarkets, 6423 Lexington is a unique opportunity that checks all the boxes. So much happening in this neighborhood that makes it an investment to jump on!
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6423 Lexington Ave Facts & Features
- Type Multi-Family
- Sq. ft. 7,449
- Price/Sq.ft. $322
- Lot 0.16 Acres
Details
General
Income/Expenses
- Other Expense: 5304.00
- Gross Income: 282300
- Insurance Expense: 14373.00
- Maintenance Expense: 3612.00
- Net Operating Income: 239353.00
Building Information
- Year Built: 1959
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Hollywood
Rent/Lease Information
- Tenant Pays: Electricity
Tax Information
- Tax Assessed Value: 253895
General Information
- Disclosures: As Is, Rent Control
- Property Type: Residential Income
- Rent Control: True
- Zoning: LARD1.5
Interior
Beds/Baths
- Bathrooms Total: 10.00
- Bedrooms Total: 17
General Information
- Cooling: Wall Unit(s)
- Heating: Central, Wall
- Levels: Two
- Living Area: 7449
- Living Area Source: Vendor Enhanced
- Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Leased, Window Bars, Smoke Detector
- Stories: 2
Exterior
Parking Information
- Parking Total: 8
Lot Information
- Additional Parcels Description: False
- Lot Features: Front Yard, Fenced, Fenced Yard
- Lot Size Acres: 0.1587
- Lot Size Area: 6915
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 1
General Information
- Carport Spaces: 6
- Covered Spaces: 6
- Number Of Units Total: 8
- Other Structures: None
- Pool Features: None
- Pool Private: False
6423 Lexington Ave Neighborhood
Community
90038 (LOS ANGELES) Demographics
34
Median Age
18,237
Population Density (per sq. mile)
40%
College Educated
$48,786
Estimated Median Income
1,034
Estimated Total Home Owners
11,614
Estimated Total Renters
8% / 92%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.6423 Lexington Ave Monthly Cost
6423 Lexington Ave Market Data
Based on the last 30 days in this zip code
$1,363,950
Average List Price
$784
Average Price per Square Foot
10
Properties Sold
115
Average Days on Market
145
Properties for Sale
6423 Lexington Ave History
| Date | Value | Agent |
|---|---|---|
| 5/20/2026Source: CRMLS | May 20, 2026 |
|
| 5/20/2026Source: TheMLS (CLAW) | May 20, 2026 |