6815 Lexington Ave, Los Angeles, CA 90038

6815 Lexington Avenue is a 5 unit multifamily property in Hollywood that is on the market for the first time since 1999. The property consists of a four unit structure and a separate, standalone house that was recently renovated and fully legalized as an ADU. Although it was originally built in 1923, the property has been professionally maintained and managed for over 25 years. The five units are situated on a 4,718 SF lot at the corner of Lexington Ave. and Citrus Ave., within walking distance to Highland and Santa Monica Blvd. Its central location ensures strong rental demand and upside for the foreseeable future. An attractive unit mix presents buyers with the opportunity to add to their portfolio in one of the best rental locations in all of Los Angeles. With one unit being delivered vacant at the close of escrow, buyers will also be able to add value and realize market rent immediately.