For Sale

Listed by Angelo Fierro and Natasha Niebow

Source: Combined LA Westside Multiple Listing Service, Inc #26835681

6423 Lexington Avenue, Los Angeles, CA, 90038

$2,250,000

17
10
8
7449 sq. ft.
6915 sq. ft.

Other

•

30+ days on the market

What's around 6423 Lexington Avenue

About this property

6423 Lexington (the "Colex Apartments") is an 8-unit, two-story 1959 building on a 6,915 sf corner lot at Lexington and Cole in the Hollywood Media District, zoned LARD1.5, 7,449 sf of living area, 8 parking spaces (6 covered, gated tandem for the big unit). Unit mix is one 4bd/3ba plus seven 2bd/1ba. This is the East Hollywood side of the Media District, a few blocks from Netflix on Vine, Sunset Gower and Sunset Bronson, Paramount, and a heavy concentration of post-production shops, with new mid-rise apartments going up along Lexington (5806 and 5817 Lexington are recent examples). Renter demand from is real and the walkability is excellent. This 8-unit apartment building is perfectly positioned to attract tenants seeking a vibrant urban lifestyle in the heart of Hollywood. 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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