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Suzanne Dyer

Real Estate Professional

Offering over 20 years of experience, this dynamic sales professional is dedicated to providing unparalleled service for her valued clients.

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6459 Lexington Avenue

6459 Lexington Avenue, Los Angeles, CA 90038

The investment you have been waiting for in the heart of Hollywood! Welcome to 6459 Lexington Avenue, a charming income-producing triplex with solid rents and great tenants. Running from Lexington Ave to La Mirada Ave, the units include 1210 Wilcox Ave (2 bed, 1 bath, roughly 860 SF), 1204 Wilcox Ave (1 bed + office, 1 bath, roughly 726 SF), and 1216 Wilcox Ave (1 bed, 1 bath, roughly 486 SF). Each unit is thoughtfully designed with functionality and privacy in mind; each enjoying their own laundry, private patio, and designated parking; while the 2-bedroom unit (1210) includes an exclusive private yard - a rare perk in city living! Some recent upgrades include 2 remodeled kitchens, a remodeled bathroom, new floors, 3 sub-meters for the water and power, and more. Tenants pay for ALL utilities except landscaping, generating a whopping $7,286/month in rents! This well-maintained property offers solid in-place income and one of the best cap rates to hit the market in the area, making it ideal for investors, 1031 exchanges, or owner-occupants looking to offset their mortgage. Avoid vacancies and hard-to-find tenants in an area thriving with employment opportunities, convenience, action, amazing weather, and desirability. Hollywood is a top employment hub for entertainment, tech, media, and hospitality, supporting a resilient tenant pool with strong earning potential - located just blocks from Paramount Studios, the future Echelon Studios campus, Netflix headquarters, and much more. Walkscore.com gives the property a 97 walk score rating, 100 transit score, and 83 bikeable score, with easy access to the 101 Freeway and Red Line Metro; allowing tenants to benefit from convenient access to coffee shops, gyms, restaurants, and transit. Surrounding development and steady economic growth have helped Hollywood consistently outperform many LA submarkets in property appreciation. Add in the year-round sunshine, and you've got an opportunity that checks every box for stability, lifestyle, and upside! Don't miss your chance to own a versatile, turnkey triplex in one of LA's most iconic and dynamic neighborhoods.

Features & Amenities

Interior

Laundry Room In Kitchen
Flooring Laminate
Fireplace Living Room

Exterior

Stories 1
Water Source Public
POOL None
Lot Features 0-1 Unit/Acre
Parking Assigned, Concrete, Gravel, Gated, On Site, One Space
Air Conditioning Wall/Window Unit(s)
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 2,072 Sq.Ft.
LOT SIZE 4,711 Sq.Ft.
MLS® ID PV25112835
Type Multi-Family
Year Built 1977

Financial

SALES PRICE $1,380,000
Maintenance Fee $1,000/mo
Zoning LARD1.5

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If you´re listing or selling real estate in the Palos Verdes Peninsula and surrounding areas, put a winning real estate professional to work for you.

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