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5642 Lexington Avenue, Los Angeles, CA 90038

Commercial property

5642 Lexington Avenue, Los Angeles, CA 90038 Sold October 2025 CRMLS
$1,100,000Sold October 2025

Listing Agent: Sam Xavier (DRE #01449986) · Listing Office: Redfin Corporation · Contact: 310-866-7598 · Bought with: Michael Berlin · Redfin · MLS #SB25181306 · Source: CRMLS

6,094
Building Sq Ft
8
Units
5.00%
Cap Rate
7,099 sqft
Lot Size
1956
Year Built
LAR3
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$1,100,000
Sold October 2025 · listed $1,450,000, orig. $1,425,000, on market August 2025 · MLS #SB25181306 · Source: CRMLS
Listing Agent: Sam Xavier · Listing Office: Redfin Corporation · Contact: 310-866-7598 · Bought with: Michael Berlin · Redfin
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