Los Angeles, CA 90038
$1,450,000
Mark Quesada
Broker / Owner
DRE #02101365
Prime Hollywood 8-Unit Apartment Building with (7) 1 Bedroom and 1 Bathroom Units and (1) 2 Bedroom and 1 bathroom Unit with 4 carport parking spaces with guest parking onsite - 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. Situated on a 6,250 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.
Adjust the numbers to explore the cost of this home. Nothing is saved.
$10,701/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Construction
Lot & parking
Listed by Michael Berlin, Redfin
Co-listed by Sam Xavier, Redfin Corporation
MLS# 25577313 · Under Contract
$1,188,250
Median sale price
40 days
Avg days on market
97.2% of list
Sells for
Closed sales in 90038 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
