Overview
- 9
- 5
- 3870
- 1920
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.
Address
Open on Google Maps- Address Lexington
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90038
Details
Updated on October 22, 2025 at 10:07 am- Property ID: HZ25605843
- Price: $1,195,000
- Property Size: 3870 Sq Ft
- Bedrooms: 9
- Bathrooms: 5
- Year Built: 1920
- Property Status: ResidentialIncome
- Listed by: Chase Simonton
- DRE #: 01766871
- Contact Mail: Chase@RemaxOneCommercial.com
- Brokered by: RE/MAX One
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