$1,195,000

5828 Lexington Avenue, Los Angeles, CA 90038

  • 3,870 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $309/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

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.

Listing Status:
Active
Date Added:
October 14, 2025 at 05:00AM
Listing Office:
RE/MAX One : 818-366-3300
Listing Agent:
Chase Simonton : 310-383-5927
MLS ID:
CL25605843
  • A/C: None
  • Heating: None
  • Parking: None
  • County: Los Angeles
  • Zoning: LAR35534018021

This listing courtesy of Chase Simonton, RE/MAX One

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hollywood Primary Center

1115 Tamarind Ave, Los Angeles, CA, 90038

Grades KG-3

0.16 miles away

J

Joseph Le Conte Middle School

1316 N Bronson Ave, Los Angeles, CA, 90028

Grades 6-8

0.17 miles away

R

Richard A. Alonzo Community Day

5755 Fountain Ave, Los Angeles, CA, 90028

Grades 7-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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