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Six-Unit Apartment Building
For Sale
$1,095,000

5828 Lexington Ave, Los Angeles, CA 90038

Six-unit multifamily property with a front residence and five rear apartments under LAR3 zoning.

Property Size3,870 SF
Lot Size0.17 Acres
Price / SF$282.95
Days on Market307

Property Features for 5828 Lexington Ave

General Information

Standard status Active
Size 3,870 SF
Lot size 0.17 Acres
Property subtype Residential Income
Zoning LAR3

Additional Details

Asking Price $1,095,000
Multifamily Units 6
Listing Agency: RE/MAX One
Listed By: Chase Simonton · License #01766871
Source: Exprealty
Added: Oct 14, 2025 Changed: Aug 14 Last Checked: Aug 15 at 9:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX One

Investment Insights

Based on property information with market context.

Located at 5828 Lexington Ave, this multifamily property contains six units across a 3,870 SF building on a 7,500 SF lot. The front portion is a two-bedroom, one-bath residence, while five apartments occupy the rear and include a combination of one- and two-bedroom layouts.

The property is designated LAR3, providing a stated zoning framework for multifamily residential use and future redevelopment consideration. Existing rents are identified as below market, with the source information citing 68% rental upside. The unit mix and separate front-house configuration provide a defined six-unit apartment asset in Los Angeles.

Key Highlights

  • Six‑unit apartment property at 5828 Lexington Ave, Los Angeles, CA 90038
  • 3,870 SF building situated on a 7, 500 SF lot
  • Front residence includes 2 bedrooms and 1 bath

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Adult Day Care Nursing Home Fish Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

5,151
Businesses Nearby

Demographics for 90038, CA

27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit multifamily property with a front residence and five rear apartments under LAR3 zoning.
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: Six‑unit apartment property at 5828 Lexington Ave, Los Angeles, CA 90038; 3,870 SF building situated on a 7, 500 SF lot; Front residence includes 2 bedrooms and 1 bath
More about this property
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