Multi-Family in Hollywood - 5915 Lexington Ave, Los Angeles, CA 90038

This Multi-Family opportunity consists of a Single Family Residence and Fourplex totals 3,112 SF on a 6,499 SF R3 corner lot. This property has excellent frontage, with 130 Feet along Lexington Ave. & 50 Feet along Tamarind Ave.
The Single Family Residence is a 3 bedroom 2 bath unit and the Fourplex consists of 4 -1 bedroom 1 bath units, with two units being vacant. All units are currently on a month to month tenancy.
This property is currently located within the Opportunity Zone and TOC 2 area!
This offering will attract an investor looking for a multi-family property or a developer looking to take advantage of the properties TOC designation, Opportunity Zone & prime location.
Location
The Subject Property is located at the corner of Lexington & Tamarind Ave., just one block north of Santa Monica Blvd.
Schools in the immediate area include: Hollywood Primary Center, Joseph Le Conte Middle School, Helen Bernstein High School, Emerson College, just to name a few.
Very Walkable area with a walking score of 85.
Great accessibility; less than one mile from the 101 freeway on-ramp and approximately 1 mile from the Hollywood / Vine Metro Red line Station.
The property is located within a strong infill location; over 60,000 people reside within a 1-mile radius and over 400,000 people reside within a 3-mile radius.

Highlights

• - APPROXIMATELY 3,112 SF SINGLE FAMILY RESIDENCE + FOURPLEX ON 6,499 SF LA-R3 ZONED CORNER LOT.
• - LOCATED WITHIN THE TOC TIER 2 & OPPORTUNITY ZONE!
• - THE SINGLE FAMILY RESIDENCE IS A 3 BEDROOM 2 BATH UNIT; THE FOURPLEX CONSISTS OF 4 - 1 BEDROOM 1 BATH UNITS.
• - GREAT WALKING SCORE OF 85; APPROXIMATELY 1 MILE FROM THE HOLLYWOOD WALK OF FAME & 2 MILES FROM THE DOLBY THEATRE SHOPPING COMPLEX.
• - GREAT ACCESSIBILITY; LESS THAN 1 MILE WEST OF THE 101 FREEWAY & APPROXIMATELY 1 MILE FROM THE HOLLYWOOD / VINE METRO RED LINE STATION.
• - STRONG INFILL LOCATION; OVER 60,000 PEOPLE RESIDING WITHIN A 1-MILE RADIUS & OVER 400,000 PEOPLE RESIDING WITHIN A 3-MILE RADIUS.