$1,595,000

Estimated payment $10,018/month

Total Views 1,221
7 Beds
6 Baths
5,239 Sq Ft
$304 Price per Sq Ft

About This Home

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.

Listing Agent

Eric Benz

Real Brokerage Technologies Brokerage Phone: 818-693-2575 License #01272171 Listed on: 09/29/2025

Real Brokerage Technologies

Co-Listing Agent

Courtney McCarson

Real Brokerage Technologies Brokerage Phone: 818-693-2575 License #01968280

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 9,504 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 5,239 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 191204
  • Assessor Parcel Number 5540027018

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Water Sewer Expense $2,500
  • Operating Expense $5,000
  • Gross Income $66,231
  • Net Operating Income $66,231

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2500.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5540027018
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 304.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9504.00
  • Lot Size Acres: 0.2182

Multi Family

  • Average1 Bed Area: 880
  • Average3 Bed Area: 1719
  • Gross Income: 66231.00
  • Gross Scheduled Income: 86231.20
  • Insurance Expense: 2500.00
  • Lot Size Area: 9504.0000 Square Feet
  • Net Operating Income: 66231.28
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 20000.00
  • Rent Control: Yes
  • Total Expenses: 5000.00

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 191204

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 For Sale $1,595,000 -- $304 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25226762

California Regional Multiple Listing Service (CRMLS)