Listing provided courtesy of Chase Simonton of RE/MAX One. Last updated 2025-10-16 08:11:35.000000. Listing information © 2025 Sandicor.
Asking Price: $1,195,000 |
5828 Lexington, Los Angeles CA 90038
Community: C20 - Hollywood
This property was built in 1920 and is priced at $1,195,000. Please see the additional details below.
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.