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5828 Lexington Avenue, Los Angeles, CA 90038
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$1,195,000
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Home Details for 5828 Lexington Avenue
Price
$1,195,000
Type
other
Bedrooms
9
Total Bathrooms
5
Year Build
1920
Sq. Ft.
3870
Lot Size
0.1722
County
Los Angeles
MLS®️ Listing#
25605843
On exitrealty.com
103 days
Property Description
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 $1,195,000, 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.
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- Parking
- None
Listing Courtesy: RE/MAX One - 818-366-3300. Presented by: Chase Simonton
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-06 23:15:48 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,195,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.