PRICE DROP | Reduced $145K – Seller is motivated!

Just dropped the price on this 10-unit building in Central East Hollywood!!

Asking price: $2,250,000 ($145K price reduction!)

Location: 5632 Lexington Ave. Los Angeles 90038

Do not miss out on an amazing opportunity to own a 10-unit property in up-and-coming East Hollywood! Property has not been on the market for 50 years and has huge upside potential! Each unit has one parking spot, and building already has been seismic earthquake retrofitted. 

Market rents would give this property a potential 11.9 GRM and 5.7% Cap. Owner is motivated!

Contact us at (323) 363-1096 or email will@tiaoproperties.com with any questions on this property!

 

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