Los Angeles, CA 90038,5642 Lexington AVE
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Los Angeles, CA 90038,5642 Lexington AVE
Los Angeles, CA 90038,5642 Lexington AVE
Los Angeles, CA 90038,5642 Lexington AVE
Los Angeles, CA 90038,5642 Lexington AVE

$1,100,000

Est. payment /mo

$1,450,000

24.1%
Est.Price: ?

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5642 Lexington AVE Los Angeles, CA 90038

7,100 Sqft Lot

SOLD DATE : 10/10/2025

Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB25181306

Year Built 1956

Lot Size 7,100 Sqft

Property Sub-Type Multi Family

Property Description

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.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Laundry Common Area, Washer Hookup, Inside, Laundry Room, Outside

Exterior

Fence Chain Link, Good Condition, Wrought Iron

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Composition,Shingle

Building

Lot Description Front Yard, Lawn, Rectangular Lot, Street Level, Value In Land, Walkstreet, Yard

Story 2

Water Public

Others

Acceptable Financing Cash, Cash to New Loan, Conventional, Trust Conveyance

Listing Terms Cash, Cash to New Loan, Conventional, Trust Conveyance

Special Listing Condition Standard, Trust

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CRMLS – RECore
Listed by Sam Xavier Redfin Corporation 310-866-7598
Bought with Michael Berlin Redfin
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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