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6477 LEXINGTON Avenue, Los Angeles, CA 90038

Property

6477 LEXINGTON Avenue, Los Angeles, CA 90038 Sold June 2019 CRMLS
$1,750,000Sold June 2019

Listing Agent: Jason Tuvia (DRE #01772495) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Roya Ebrahimi · Choice Capital & Realty · MLS #19451602 · Source: CRMLS

6,925 sqft
Lot Size
1921
Year Built
Property
Type

How this sale compares

6477 LEXINGTON Avenue sold for $1,750,000 in June 2019, 15% under its $2,050,000 list price, after 33 days on the market. Across 40 closed sales in 90038 over the last 12 months, the median sold price is $1,179,750 and the median is $594 per square foot.

$594
90038 median per sq ft (12 mo)
$1,179,750
90038 median sold price (12 mo)
40
Closed sales in 90038 (12 mo)
33
Days on market
−15%
Sold vs. list price
QuarterClosed sales in 90038Median sold price
Q1 20265$950,000
Q2 202619$1,176,500
Q3 202616$1,266,300

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90038

Description

We are pleased to present an eight unit multifamily property located in Hollywood, California. Situated at 6477 Lexington Avenue, north of Santa Monica Boulevard and west of Vine Street, the property is well positioned in the heart of Hollywood.Constructed in 1921, the property features a streamlined unit mix of seven (7) one bedroom/one bathroom units and one (1) studio/1 bathroom unit. Tenants enjoy privacy from the main street, gated entry, and spacious units. The units are divided between two separate buildings on one lot. The property is subject to the City of Los Angeles' Rent Control Ordinance and is situated in a strong rental pocket of Hollywood. Situated in the heart of central Hollywood, this offering presents an excellent opportunity for an investor to acquire in a prime location and dense rental pocket with great upside potential.

Listing description from the June 2019 sale, as reported to CRMLS.

Sale history

$1,750,000
Sold June 2019 · listed $2,050,000, on market April 2019, 33 days on market · MLS #19451602 · Source: CRMLS
Listing Agent: Jason Tuvia · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Roya Ebrahimi · Choice Capital & Realty

Recent sales near 6477 LEXINGTON Avenue

Closed sales reported in 90038, nearest first, last 12 months. All recent sales in Los Angeles →

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