Rare Property in Hollywood available for sale. The property consists of five large 1 Br + 1 Bath Units, one 2 Br + 1 Bath Units and a main Unit consisting 3 Br and 2 Bath. for a total of 7 units. In addition to the income produced from the units, there is a laundry area where machines can derive an extra $300.00 per month as well. Furthermore, extra storage area is available for installation of the storage units in the back of the house for additional income of $500.00 per month. Some of the units have been renovated including bathroom upgrades. 5702 Lexington Ave is centrally located in Hollywood. While the property is built in 1930’s character, it is an exclusive spot surrounded by Sunset Gower Studios, ArcLight Cinemas and Hollywood Palladium. There are many exquisite restaurants, cafes, farmer’s market and many more places to enjoy eating and spending time located walking distance from the property. This area is a highly desirable neighborhood, where rental rates are averaging for $1500 for a 1 Br unit and $1800 - $2200 for 2 Br Unit
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