Los Angeles, CA 90038,5642 Lexington Avenue
Listed by Sam Xavier • Redfin Corporation
Bought with Datashare CR Don't Delete Default Agent • Datashare CR Default Office Don't Delete

$1,100,000

Est. payment /mo

$1,450,000

24.1%
Est.Price: ?

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5642 Lexington Avenue Los Angeles, CA 90038

6,094 SqFt

SOLD DATE : 10/10/2025

Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 6,094 sqft

Price per Sqft $180

MLS Listing ID CRSB25181306

Year Built 1956

Lot Size 7,099 Sqft

Property Sub-Type Comm Ind For Sale

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, 56

Location

State CA

County Los Angeles

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Building

Water Public

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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