Multi-Family for sale in Southern California — $1,095,000. 9 beds · 6 baths · 3,870 sqft. 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…
$1,095,000
5828 Lexington Avenue, Los Angeles, CA 90038
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 $1,095,000, 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 updated: March 10, 2026 at 8:37 AM
Listed by: Chase Simonton, RE/MAX One
Source: CRMLS, MLS#: 25605843, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
2/23/2026 Source: CRMLS, #25605843 | Price change | $1,095,000$283/sqft-4.8% |
| 10/14/2025Source: CRMLS, #25605843 | Listed for sale | $1,150,000$297/sqft |
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