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!
| MLS # | 26835681 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 143 |
| Listing Provided By | Compass | Angelo Fierro |
| Bed(s) | 17 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 7,449 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.16 |
| Heating | Central, Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Washer |
| Security Features | Carbon Monoxide Detectors, Fire Detection System, Gated Community, Smoke Detectors, Window Bars |
|---|---|
| Lot Features | Front Yard |
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Covered, Carport |
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $2,250,000 low | high Med: $1,975,000 sqft: 7,449 low | high Med: 3,874 $ / sqft: $302 low | high Med: $510 On site: 143 low | high Med: 148 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90038 |
| Area | C20 Hollywood |
| Listing VS Median (in 90038) | |
Price: $2,250,000 low | high Med: $1,975,000 sqft: 7,449 low | high Med: 3,874 $ / sqft: $302 low | high Med: $510 On site: 143 low | high Med: 148 | |