5510 Lexington Avenue, Los Angeles, CA 90038
- $2,150,000
- Sold Price
- $2,150,000
- List Price
- $2,200,000
- Closing Date
- Oct 16, 2025
- Status
- CLOSED
- MLS#
- OC25072300
- Year Built
- 1925
- Lot Size
- 8,712
- Acres
- 0.20
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 110
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
PRICE HAS BEEN REDUCED TO $110,000 PER UNIT! 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.
Additional Information
- Pool Description
- None
- Sewer
- None
- Water
- None
- Attached Structure
- Attached
- Number Of Units Total
- 20
- Gross Scheduled Income
- $257,392
- Operating Expense
- 137787
Listing courtesy of Listing Agent: Brent Sprenkle (bsprenkle@northmarq.com) from Listing Office: NorthMarq Realty Services, Inc.
Listing sold by Dorit Pakdaman from Realty Source Incorporated
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.