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

5828 Lexington Ave, Los Angeles, CA 90038

MULTI_FAMILY - Los Angeles, CA

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

Property Features for 5828 Lexington Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 5, Bedroom 7, Bathroom 5, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 6, Bathroom 1, Bedroom 9, Bathroom 3, Bathroom 2, Bedroom 8, Bedroom 2, Bedroom 4
Parking 6
Directions Major Cross Streets are Western and Santa Monica Blvd.
Subdivision Hollywood
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 · RE/MAX International
Listed By: Chase Simonton · License #01766871
Added: Oct 14, 2025 Changed: Aug 7 Last Checked: Aug 16 at 11:06AM
MLS# 25605843

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.

5828 Lexington Ave is a six-unit apartment building in Los Angeles, CA 90038, with a front house plus five additional units at the rear. The front house is a 2-bedroom, 1-bath residence, complemented by five rear apartments made up of a mix of one-bedroom and two-bedroom units. The total building size is 3,870 SF on a lot size of 7,500 SF (0.1722 acres).

The property is zoned LAR3 and was built in 1920. As currently described, it is operated at under-market rents, offering an upside through improved income performance. The LAR3 zoning also supports long-term redevelopment potential for future repositioning.

Overall, the layout combines a standalone front residence with multiple income-producing units in the rear, supported by the building’s documented six-unit configuration, while the zoning offers flexibility beyond the existing operating setup.

Key Highlights

  • Six‑unit apartment building with a front 2‑bedroom, 1‑bath residence
  • Five rear apartments featuring a mix of one‑bedroom and two‑bedroom units
  • Total building size: 3,870 SF

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - LAR3 zoned six-unit multifamily property with a front 2-bedroom home and five rear apartments.
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 building with a front 2‑bedroom, 1‑bath residence; Five rear apartments featuring a mix of one‑bedroom and two‑bedroom units; Total building size: 3,870 SF
More about this property
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