About 5828 Lexington Avenue
5828 Lexington Ave offers an incredible Hollywood investment opportunity with a 6-unit property on a large 7,500 SF lot. The front house features a charming 2-bedroom, 1-bath residence, complemented by five additional units in the rear comprised of a mix of one-bedroom and two-bedroom apartments. With a total building size of 3,870 SF, this property represents one of the lowest cost entry points in the area at just $1,095,000, making it one of the cheapest price-per-unit offerings available.Currently under market rents, the property provides investors with an attractive 68% rental upside. The LAR3 zoning also adds long-term redevelopment potential. This creates a value-add opportunity for investors to improve the property and increase income.
Features of 5828 Lexington Avenue
| MLS® # | 25605843 |
|---|---|
| Price | $1,095,000 |
| Bedrooms | 8 |
| Bathrooms | 6.00 |
| Square Footage | 3,870 |
| Acres | 0.17 |
| Year Built | 1920 |
| Type | Residential Income |
| Status | Active Under Contract |
Community Information
| Address | 5828 Lexington Avenue |
|---|---|
| Area | C20 - Hollywood |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90038 |
Amenities
| Parking Spaces | 6 |
|---|---|
| Parking | None |
| Garages | None |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | None |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | October 14th, 2025 |
|---|---|
| Days on Market | 332 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chase Simonton |
|---|---|
| Office | RE/MAX One |