Hollywood Multifamily Investment
5828 Lexington Ave Los Angeles, CA 90038
5828 Lexington Ave, Los Angeles, CA, 90038
$1,095,000
For Sale
Under Contract
$1,095,000
MULTI_FAMILY - Los Angeles, CA
Property Size3,870 SF
Lot Size0.17 Acres
Price / SF$282.95
Days on Market278
Property Features for 5828 Lexington Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 8, Bathroom 5, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 9, Bathroom 1, Bathroom 6, Bedroom 2, Bathroom 3, Bathroom 4
- Parking
- 6
- Standard status
- Active Under Contract
- APN
- 5534-018-021
- Size
- 3,870 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 6
Listing Agency
RE/MAX One
(818) 366-3300
11141 Tampa Ave, CA
Listed by
Chase Simonton · License #01766871
(310) 383-5927
Added: Oct 14, 2025 Checked: Jul 18 at 8:06 pm
MLS# 25605843
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Los Angeles, CA, 5828 Lexington Ave presents an investment opportunity with a 6-unit property situated on a 7,500 square foot lot. The property includes a 2-bedroom, 1-bath residence at the front, along with five additional units at the rear, featuring a mix of one-bedroom and two-bedroom apartments. The building has a total size of 3,870 square feet. The property is zoned LAR3, which adds long-term redevelopment potential. Currently under market rents, the property provides investors with a rental upside. This creates a value-add opportunity for investors to improve the property and increase income.
Key Highlights
- Significant Rental Upside: 68% rental upside due to under‑market rents.
- Low Entry Cost: Priced at $1,095,000, one of the lowest entry points in Hollywood.
- High‑Value Price Per Unit: One of the cheapest price‑per‑unit offerings in the area.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Six-unit property with redevelopment potential in Hollywood.
Where is this apartment building located?
The property is located at 5828 Lexington Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Significant Rental Upside: 68% rental upside due to under‑market rents.; Low Entry Cost: Priced at $1,095,000, one of the lowest entry points in Hollywood.; High‑Value Price Per Unit: One of the cheapest price‑per‑unit offerings in the area.
