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Apartments For Sale • 10,292 SF
| Marcus & Millichap is pleased to present 5737 Lexington Ave, a 20-unit multifamily investment opportunity in Hollywood |
| The property features a unit mix of 20 singles |
| At the asking price, the property is being offered at a 5.92% CAP rate at 9.12 GRM on current income with an additional 16% rental upside |
| The property has professional landscaping and a secured, gated entrance with intercom access; significant cap ex has been invested by ownership |
| The building is separately metered for electricity and has an on-site laundry room with two washers and two dryers |
| Cap Rate: | 5.92 % |
| Total Expenses: | $139,183 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 5.2 mi |
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 10 min | - | 6.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Hollywood/Western Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 18 min | - | 9.8 mi |
| Los Angeles International | 26 min | - | 14.0 mi |
| Long Beach (Daugherty Field) | 39 min | - | 28.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Neema Ahadian
Marcus & Millichap
Neema Ahadian
Marcus & Millichap
