$1,292,500
SOLD JUL 16, 2025
7 Beds
6 Baths
3,369 Sq Ft
4,420 Sq Ft Lot

Recently Sold

$384 Per Sq Ft

17% Below List Price

129 Days on Market

About This Home

As of July 2025

6815 Lexington Avenue is a 5 unit multifamily property in Hollywood that is on the market for the first time since 1999. The property consists of a four unit structure and a separate, standalone house that was recently renovated and fully legalized as an ADU. Although it was originally built in 1923, the property has been professionally maintained and managed for over 25 years. The five units are situated on a 4,718 SF lot at the corner of Lexington Ave. and Citrus Ave., within walking distance to Highland and Santa Monica Blvd. Its central location ensures strong rental demand and upside for the foreseeable future. An attractive unit mix presents buyers with the opportunity to add to their portfolio in one of the best rental locations in all of Los Angeles. With one unit being delivered vacant at the close of escrow, buyers will also be able to add value and realize market rent immediately.

Last Agent to Sell the Property

Erick Uribe

South Park Group, Inc. License #02106084 Listed on: 01/24/2025

Last Buyer's Agent

Erick Uribe

South Park Group, Inc. License #02106084 Listed on: 01/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,154

Year Built

  • Built in 1923

Lot Details

  • 4,420 Sq Ft Lot
  • Gated Home

Home Design

  • Split Level Home

Interior Spaces

  • 3,369 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5532-006-012

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,154

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3369
  • Lot Acreage: 0.1015
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 400.71

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Cooling: Wall/Window, Air Conditioning
  • Heating: Wall
  • Security: Gated
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 17.65
  • Assessed Improvement Value: 200959
  • Assessed Land Percent: 82.35
  • Assessed Land Value: 937845
  • Total Assessed Value: 1138804
  • Assessor Parcel Number: 5532-006-012
  • Lot Size Area: 4420

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.20
  • Number Of Units: 5
  • Total Annual Expense: 42568
  • Type Of Units: 5
  • Vacancy Allow Percent: 20.00
  • Vacancy Rate: 1

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2005
Sold by
1157 Highland Partners
Bought by
Highland Equities Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
1157 Highland Partners
Bought by
Highland Equities Llc

Purchase Details

Closed on
May 28, 2002
Sold by
Ravan Shahram
Bought by
1157 Highland Partners

Purchase Details

Closed on
Jan 21, 1999
Sold by
Terino Tara and Tedesco Richard
Bought by
Ravan Shahram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.75%

Purchase Details

Closed on
Sep 9, 1998
Sold by
Tedesco Sandra and Tedesco Richard
Bought by
Tedesco Richard
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- Fidelity Title
Individual Deed $370,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $318,500 Unknown
Previous Owner $277,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $1,292,500 -4.3% $384 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
04/09/2025 04/09/25 Price Changed $1,350,000 -9.7% $401 / Sq Ft
02/24/2025 02/24/25 Price Changed $1,495,000 -3.5% $444 / Sq Ft
01/24/2025 01/24/25 For Sale $1,550,000 0.0% $460 / Sq Ft
04/30/2021 04/30/21 Rented $2,200 0.0% --
02/18/2021 02/18/21 Price Changed $2,200 -4.3% $4 / Sq Ft
12/03/2020 12/03/20 For Rent $2,300 -4.2% --
08/26/2014 08/26/14 Rented $2,400 +14.3% --
08/26/2014 08/26/14 Under Contract -- -- --
08/07/2014 08/07/14 For Rent $2,100 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,154 $1,138,804 $937,845 $200,959
2023 $13,887 $1,116,475 $919,456 $197,019
2022 $13,250 $1,094,584 $901,428 $193,156
2021 $13,076 $1,073,122 $883,753 $189,369
2020 $13,207 $1,062,120 $874,692 $187,428
2019 $12,688 $1,041,295 $857,542 $183,753
2018 $12,598 $1,020,878 $840,728 $180,150
2016 $12,032 $981,238 $808,083 $173,155
2015 $11,858 $966,500 $795,945 $170,555
2014 $11,916 $947,569 $780,354 $167,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-489121

The MLS

APN: 5532-006-012