Los Angeles, CA 90038 5510 Lexington Avenue
$2,350,000
13 more
Presented By: Brent Sprenkle with NorthMarq Realty Services, Inc; 310-621-8221
- MLS# OC25072300
- 04/03/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 4
Baths • 2
SQFT • 11,956
Home Details
Lamlex Lexington is a 20-unit apartment community constructed in 1925. Situated in the Hollywood submarket, the property consists of (16) Studio/One-Bathroom units and (4) One-Bedroom/One-Bathroom units, totaling 480 square feet per unit. The units are separately metered for gas and electric. The property is located minutes away from two major thoroughfares, Santa Monica Blvd, Sunset Blvd, and the 101 Freeway. Residents benefit from the short commute to Downtown Los Angeles and the walking distance to all nearby amenities along Sunset Strip and Santa Monica Blvd.
Presented By: Brent Sprenkle with NorthMarq Realty Services, Inc; 310-621-8221
Interior Features for 5510 Lexington Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 5510 Lexington Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.16
Carport Y/NNo
CityLos Angeles
Community FeaturesBiking, Curbs, DogPark, Golf, Gutters, Hiking, Mountainous, Rural, StormDrains, StreetLights, Suburban, Sidewalks, Urban
CountyLos Angeles
DirectionsOff of Western Ave and Lexington Ave
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income260755.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToExistingLoan, Conventional
Lot Size Square Feet8712.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income121169.0
New ConstructionNo
Number Of Units Total20
Operating Expense139587.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Trash Expense0.0
UtilitiesSewerNotAvailable, WaterNotAvailable
Water Sewer Expense0.0
Year Built1925
Year Built SourceAssessor
ZoningLAC4
Exterior for 5510 Lexington Avenue
Building Area Total11956.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.2
Lot Size Area8712.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters20
Number of Separate Gas Meters20
Number of Separate Water Meters0
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Water SourceNone
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate