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| Monthly Principal + Interest: | $ |
| Monthly tax: | $ |
| Total Payment: | $ |
These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.
Description
The investment you have been waiting for in the heart of Hollywood! Welcome to 6459 Lexington Avenue, a charming income-producing triplex with solid rents and great tenants. Running from Lexington Ave to La Mirada Ave, the units include 1210 Wilcox Ave (2 bed, 1 bath, roughly 860 SF), 1204 Wilcox Ave (1 bed + office, 1 bath, roughly 726 SF), and 1216 Wilcox Ave (1 bed, 1 bath, roughly 486 SF). Each unit is thoughtfully designed with functionality and privacy in mind; each enjoying their own laundry, private patio, and designated parking; while the 2-bedroom unit (1210) includes an exclusive private yard - a rare perk in city living! Some recent upgrades include 2 remodeled kitchens, a remodeled bathroom, new floors, 3 sub-meters for the water and power, and more. Tenants pay for ALL utilities except landscaping, generating a whopping $7,286/month in rents! This well-maintained property offers solid in-place income and one of the best cap rates to hit the market in the area, making it ideal for investors, 1031 exchanges, or owner-occupants looking to offset their mortgage. Avoid vacancies and hard-to-find tenants in an area thriving with employment opportunities, convenience, action, amazing weather, and desirability. Hollywood is a top employment hub for entertainment, tech, media, and hospitality, supporting a resilient tenant pool with strong earning potential - located just blocks from Paramount Studios, the future Echelon Studios campus, Netflix headquarters, and much more. Walkscore.com gives the property a 97 walk score rating, 100 transit score, and 83 bikeable score, with easy access to the 101 Freeway and Red Line Metro; allowing tenants to benefit from convenient access to coffee shops, gyms, restaurants, and transit. Surrounding development and steady economic growth have helped Hollywood consistently outperform many LA submarkets in property appreciation. Add in the year-round sunshine, and you’ve got an opportunity that checks every box for stability, lifestyle, and upside! Don’t miss your chance to own a versatile, turnkey triplex in one of LA’s most iconic and dynamic neighborhoods.Other Information
6459 Lexington Avenue, Los Angeles, CA, 90038 is a (none specified) listing of 2,072 sqft on a lot of 0.11. This (none specified) listing has 4 bedrooms, and 3 baths. The map for this location can be viewed on Google maps at
6459 Lexington Avenue, Los Angeles, CAListing offered by: Strand Hill Properties - info@strandhill.com - (310) 545-0707
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