5510 Lexington Avenue
Description
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. Lamlex Lexington Apartments offers 16 studio/one-bath apartments
each measuring approximately 425 square feet each and 4 one-bed/one-bath...Situated in the Hollywood neighborhood, Lamlex Lexington Apartments consists of 20 units. 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. Lamlex Lexington Apartments offers 16 studio/one-bath apartments
each measuring approximately 425 square feet each and 4 one-bed/one-bath apartments each measuring approximately 700 square feet each. The average unit size is approximately 480 square feet. The apartments are separately metered for gas and electric.
- Listed by Brent Sprenkle • DRE #01290116 • Brokerage DRE #01858487 • NorthMarq Realty Services, Inc • 310-621-8221
Property Details for 5510 Lexington Avenue
Property Details for 5510 Lexington Avenue
| Status | Active |
|---|---|
| MLS # | OC24163011 |
| Days on Market | 105 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1925 |
| County | Los Angeles County |
Building Information for 5510 Lexington Avenue
Property Information for 5510 Lexington Avenue
- Gross Income: $247,554
- Gross Scheduled Income: $247,656
- Net Operating Income: $115,531
- Gross Multiplier: 9.78
- Cap Rate: 4.63
- Operating Expense: $132,023
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $132,023
- Tax Block: 7
- Tax Tract Number: 005
- Tax Census Tract: 1909.01
- CFD/Mello-Roos Fee: $1,815
- Tax Lot: 6
- Community Features: Biking, Curbs, Dog Park, Hiking, Park, Sidewalks, Suburban, Urban
- Laundry: Yes
- Laundry Features: Community
- Entry Location: Front Gate
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 20
- Land Lease: No
- Land Lease Type: Fee
- Water: None
- Sewer: None
- Water Source: None
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 16
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Furnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,026
- Unit Type Total Rent: $16,416
- Unit Type Pro Forma: 24000
- Unit Type Type: 1
- Unit Type Units Total: 4
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Furnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,055
- Unit Type Total Rent: $4,222
- Unit Type Pro Forma: 7800
- Unit Type Type: 2
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 20
- Number Of Separate Gas Meters: 20
- Number Of Separate Water Meters: 20
Property History for 5510 Lexington Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5510 Lexington Avenue
Schools near 5510 Lexington Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Santa Monica Boulevard Community Charter School CharterK to 6 | ||
Joseph Le Conte Middle School Public6 to 8 | ||
Helen Bernstein High School Public9 to 12 | ||
STEM Academy at Bernstein High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of NorthMarq Realty Services, Inc, Brent Sprenkle, DRE #01290116
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.