5670 Lexington Ave

Los Angeles, CA 90038

$1,030,000
Last Sold Price
7
Beds
3
Baths
3,278 Sq. Ft.
$314 / Sq. Ft.
3,278
Sq. Ft.
$314
per Sq. Ft.

Description

BOM - Back on Market! Prime value-add opportunity! All units vacant! Welcome to 5670 Lexington. This corner-lot triplex located in the vibrant heart of Hollywood. This property presents an exciting opportunity for investors looking to customize and maximize its potential. The property is comprised of 3 distinct units and offers a desirable unit mix. The unit configuration consists of a 3 bedroom/2 bath, a 2 bedroom/1 bath and separate freestanding unit that is a 1 bedroom/1 bath. This value-add property...BOM - Back on Market! Prime value-add opportunity! All units vacant! Welcome to 5670 Lexington. This corner-lot triplex located in the vibrant heart of Hollywood. This property presents an exciting opportunity for investors looking to customize and maximize its potential. The property is comprised of 3 distinct units and offers a desirable unit mix. The unit configuration consists of a 3 bedroom/2 bath, a 2 bedroom/1 bath and separate freestanding unit that is a 1 bedroom/1 bath. This value-add property offers potential for substantial returns whether you are looking for a property to fix & flip, or a long-term income generating asset. Take advantage of this rare opportunity to shape the future of 5670 Lexington Avenue so it aligns with your investment goals.
  1. Listed by Amie Vines • DRE #02108418 • Brokerage DRE #01227703 • Keller Williams Luxury

Property Details for 5670 Lexington Avenue

Zoning
LAR3
Parcel Number
5536007025
Total Units
3.0
Living Area
3278
Source Living Area
Vendor Enhanced
Area
Hollywood (C20)
Vacancy Rate
Yes
Lot Size Area
4999
LISTING UPDATED: 02/18/2025 03:53 PM

Property Details for 5670 Lexington Avenue

StatusSold
MLS #24-365121
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.11 AC / 4,999 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Luxury, Amie Vines, DRE #02108418

Sold By Beverly and Company, Inc., Ariel Belkin, DRE #02057015

Add your commute

Building Information for 5670 Lexington Avenue

Stories-Residences-Year Built1941Building Size-Lot Size0.11 AC / 4,999 SF

Payment Calculator

$5,663 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,397

Property Taxes

$266

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5670 Lexington Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Triplex
  • Property Condition: Fixer
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $69,840
  • Net Operating Income: $47,859.00
  • Gross Income: $72,000
  • Cap Rate: 4.25%
  • Gross Rent Multiplier: $15.60
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 21981
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1148
  • Lot Size Square Feet: 4999
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 3
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: Stackable W/D Hookup
  • Laundry: Stackable
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-06-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $79,822.00
  • Assessed Improvement Percent: 37.03
  • Assessed Land Value: $135,713.00
  • Assessed Land Percent: 62.97
  • Assessed Total Value: $215,535.00

Property History for 5670 Lexington Avenue

DateEvent & SourcePriceAppreciation
Jun 14, 2024

Sold

CLAW #24-365121

—
Jun 14, 2024

Sold

CRMLS #24365121

$1,030,000—
Jun 13, 2024

Sold (Public Record)

Public Record #1534768717

$1,030,000

+7.4% / yr

May 21, 2024

Pending

CRMLS #24365121

—
May 21, 2024

Pending

CLAW #24-365121

—
May 16, 2024

Price Change

CRMLS #24365121

$1,075,000—
May 16, 2024

Listed (Active)

CRMLS #24365121

—
May 16, 2024

Price Change

CLAW #24-365121

$1,075,000—
May 16, 2024

Listed (Active)

CLAW #24-365121

$1,125,000—
Apr 21, 2024

Accepting Backup Offers

CLAW #24-365121

—
Apr 21, 2024

Accepting Backup Offers

CRMLS #24365121

—
Apr 13, 2024

Listed (Active)

CLAW #24-365121

$1,125,000—
Mar 30, 2024

Hold

CRMLS #24365121

—
Mar 20, 2024

Hold

CLAW #24-365121

—
Mar 20, 2024

Pending

CLAW #24-365121

—
Mar 20, 2024

Accepting Backup Offers

CRMLS #24365121

—
Mar 20, 2024

Accepting Backup Offers

CLAW #24-365121

—
Mar 2, 2024

Listed (Active)

CRMLS #24365121

$1,125,000—
Mar 2, 2024

Listed (Active)

CLAW #24-365121

$1,125,000—
Jun 9, 2001

Expired

CLAW #00-217417

$329,900—
Jun 9, 2000

Listed (Active)

CLAW #00-217417

$329,900—
Jan 3, 1996

Sold (Public Record)

Public Record #66181256

$135,000—
DateEvent & SourcePrice
06/14/2024

Sold

CLAW #24-365121

—
06/14/2024

Sold

CRMLS #24365121

$1,030,000
06/13/2024

Sold (Public Record)

Public Record #1534768717

$1,030,000

+7.4% / yr

05/21/2024

Pending

CRMLS #24365121

—
05/21/2024

Pending

CLAW #24-365121

—
05/16/2024

Price Change

CRMLS #24365121

$1,075,000
05/16/2024

Listed (Active)

CRMLS #24365121

—
05/16/2024

Price Change

CLAW #24-365121

$1,075,000
05/16/2024

Listed (Active)

CLAW #24-365121

$1,125,000
04/21/2024

Accepting Backup Offers

CLAW #24-365121

—
04/21/2024

Accepting Backup Offers

CRMLS #24365121

—
04/13/2024

Listed (Active)

CLAW #24-365121

$1,125,000
03/30/2024

Hold

CRMLS #24365121

—
03/20/2024

Hold

CLAW #24-365121

—
03/20/2024

Pending

CLAW #24-365121

—
03/20/2024

Accepting Backup Offers

CRMLS #24365121

—
03/20/2024

Accepting Backup Offers

CLAW #24-365121

—
03/02/2024

Listed (Active)

CRMLS #24365121

$1,125,000
03/02/2024

Listed (Active)

CLAW #24-365121

$1,125,000
06/09/2001

Expired

CLAW #00-217417

$329,900
06/09/2000

Listed (Active)

CLAW #00-217417

$329,900
01/03/1996

Sold (Public Record)

Public Record #66181256

$135,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5670 Lexington Avenue

Taxable ValueLand$138,427Additions$81,418Total$219,845
Tax Record2024$3,198 ($266 / month)
Home Facts
Total Finished SqFt3,278 SqFtAbove Grade Finished SqFt3,278 SqFtLot Size4,999 SqFtStyleTriplexYear Built1941ZoningLAR3CountyLOS ANGELESAPN5536-007-025

Schools near 5670 Lexington Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Joseph Le Conte Middle School
Public6 to 8

STEM Academy at Bernstein High
Public9 to 12

Helen Bernstein High School
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Luxury, Amie Vines, DRE #02108418

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.