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8-Unit Apartment Building
For Sale
$1,390,000

5836 Lexington Ave, Los Angeles, CA 90038

Gated Los Angeles property with upgraded building systems and on-site parking.

Property Size6,026 SF
Days on Market141

Property Features for 5836 Lexington Ave

General Information

Standard status Active
Size 6,026 SF
Property subtype MULTI_FAMILY

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x studio, 5 x 1BR, 2 x 2BR
Multifamily Units 8

Additional Details

Opportunity Zone Yes

Amenities

gated
on-site parking

Building Details

Building Size 6,026 SF
Year Built 1956
Buildings 1
Listing Agency: Marcus & Millichap
Listed By: Jason Tuvia · License #01772495
Source: Milsteinestates
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 30 at 10:38PM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

This Los Angeles apartment property contains eight units configured as one studio, five one-bedroom residences, and two two-bedroom residences. The building dates to 1956 and has received upgrades to the roof, copper plumbing, electrical system, and drain-line liner. Gated access and on-site parking serve the property, with existing carports identified for possible ADU conversion.

The property is positioned north of Santa Monica Boulevard and west of Van Ness Avenue, with access to Santa Monica Boulevard, Hollywood Boulevard, Sunset Boulevard, Western Avenue, and the 101 Freeway. Hollywood/Vine Metro station is nearby, along with entertainment, dining, retail, and employment centers. The asset is located within an Opportunity Zone and qualifies for Tier 2 TOC density incentives.

Key Highlights

  • Eight‑unit configuration with one studio, five one‑bedrooms, and two two‑bedrooms
  • Building systems upgraded, including roof, copper plumbing, electrical, and drain‑line liner
  • Gated property with on‑site parking and existing carports

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,901
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 - Gated Los Angeles property with upgraded building systems and on-site parking.
Where is this apartment building located?
The property is located at 5836 Lexington Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Eight‑unit configuration with one studio, five one‑bedrooms, and two two‑bedrooms; Building systems upgraded, including roof, copper plumbing, electrical, and drain‑line liner; Gated property with on‑site parking and existing carports
More about this property
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