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$1,450,000
4 Days On Site

5642 Lexington Avenue
Los Angeles, CA 90038

For Sale|Multi Family|Active Under Contract
0
Beds
0
Total Baths
6,094
SqFt
$238
/SqFt
1956
Built
County:
Los Angeles
Listed by Sam Xavier of Redfin Corporation [email protected]
5642 Lexington Avenue5642 Lexington Avenue5642 Lexington Avenue5642 Lexington Avenue
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Monthly Payment (Est.)

$6,615
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Prime Hollywood 8-Unit Apartment Building with (7) 1 Bedroom and 1 Bathroom Units and (1) 2 Bedroom and 1 bathroom Unit with 5 carport parking spaces and 2 uncovered spaces. Excellent Investment Opportunity! Welcome to 5642 Lexington Avenue, a rare opportunity to own an 8-unit multi-family property in the heart of Hollywood. This well-maintained building offers a diverse mix of units with strong rental income potential in one of Los Angeles’ most dynamic and sought-after rental markets. All balconies have been retrofitted per code and the building has a newer composition shingle roof. Situated on a 7,099 sq. ft. lot, the property features ample on-site parking for residents, community laundry facilities, and a secure, low-maintenance setting. Each unit has long term tenants who are all on month to month lease agreements and each unit is individually metered for gas and electricity, maximizing investor flexibility and reducing operating costs. Located just minutes from Sunset Boulevard, Paramount Studios, the Hollywood Media District, and countless restaurants, shopping, and entertainment options, this property boasts a walkable location with easy freeway access. Whether you’re looking to expand your portfolio or secure a stable, income-producing asset in an A+ rental location, 5642 Lexington Ave is a must-see.

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Listing Snapshot
Price 
$1,450,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,094 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.163 Acres
Year Built 
1956
MLS® Number 
SB25181306
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 days agoPrice changed to $1,450,000
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
0.163
Additional Property Use 
Commercial
Carport 
5
Number Of Stories 
2
Parking Spaces 
7
Property Sub Type 
Multi Family
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Special Circumstances 
Standard
SqFt Total 
6094
Utilities 
Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected
Water Source 
Public
Zoning 
LAR3
Interior Features
Heating 
Natural GasWall Furnace
Laundry Features 
Common AreaWasher HookupInsideLaundry RoomOutside
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Exterior Features
Construction Details 
StoneStuccoWood Siding
Fencing 
Chain LinkWrought Iron
Lot Features 
Front YardRectangular Lot
Roof 
CompositionShingle
Community Features
Financing Terms Available 
CashConventionalTrust Conveyance
MLS Area 
C20 - Hollywood


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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