CA > Los Angeles
Los Angeles, CA 90038,5642 Lexington AVE
See all 18 photos
Los Angeles, CA 90038,5642 Lexington AVE
Los Angeles, CA 90038,5642 Lexington AVE
Los Angeles, CA 90038,5642 Lexington AVE
Los Angeles, CA 90038,5642 Lexington AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
24
Aug
Mon
25
Aug
Tue
26
Aug
Susan Adams

Susan Adams

+1(619) 730-8982
$ 1,450,000
Est. payment /mo
Save Virtual Tour
Active Under Contract

5642 Lexington AVE Los Angeles, CA 90038

7,100 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SB25181306

HOA Y/N No

Year Built 1956

Lot Size 7,100 Sqft

Property Sub-Type Multi Family

Property Description

Prime Hollywood 8-Unit Apartment Building with (7) 1 Bedroom and 1 Bathroom Units and (1) 2 Bedroom and 1 bathroom Unit with 5 carport parking spaces and 2 uncovered spaces. Excellent Investment Opportunity! Welcome to 5642 Lexington Avenue, a rare opportunity to own an 8-unit multi-family property in the heart of Hollywood. This well-maintained building offers a diverse mix of units with strong rental income potential in one of Los Angeles' most dynamic and sought-after rental markets. All balconies have been retrofitted per code and the building has a newer composition shingle roof. Situated on a 7,099 sq. ft. lot, the property features ample on-site parking for residents, community laundry facilities, and a secure, low-maintenance setting. Each unit has long term tenants who are all on month to month lease agreements and each unit is individually metered for gas and electricity, maximizing investor flexibility and reducing operating costs. Located just minutes from Sunset Boulevard, Paramount Studios, the Hollywood Media District, and countless restaurants, shopping, and entertainment options, this property boasts a walkable location with easy freeway access. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in an A+ rental location, 5642 Lexington Ave is a must-see.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Inclusions Stoves

Fireplace No

Laundry Common Area, Washer Hookup, Inside, Laundry Room, Outside

Exterior

Carport Spaces 5

Fence Chain Link, Good Condition, Wrought Iron

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Roof Type Composition,Shingle

Present Use Commercial

Total Parking Spaces 7

Building

Lot Description Front Yard, Lawn, Rectangular Lot, Street Level, Value In Land, Walkstreet, Yard

Story 2

Water Public

Others

Tax ID 5536007010

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, Trust Conveyance

Listing Terms Cash, Cash to New Loan, Conventional, Trust Conveyance

Special Listing Condition Standard, Trust

Virtual Tour https://www.youtube.com/watch?v=kn4sWhAoU1w

CRMLS – RECore
Listed by Sam Xavier Redfin Corporation 310-866-7598
agent

Susan Adams

Agent | License ID: 01994357

+1(619) 730-8982

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Susan Adams, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

5642 Lexington AVE