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SoldPrice dropSingle-Family Home

5642 Lexington Avenue

Los Angeles, CA 90038

$1,100,000
$181/sq ft
$1,425,000
Bedrooms
Studio
Bathrooms
0
Interior
6,094 sq ft
Year Built
1956

About this residence

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.

7 parking

Property details

Status
Sold
Property type
Single-Family Home
Price per sq ft
$181/sq ft
Days on market
29 days
Listed
August 14, 2025
Year built
1956
Parking
7 spaces
Furnished
No
Waterfront
No
MLS number
SB25181306

Location & neighborhood

5642 Lexington Avenue, Los Angeles, CA 90038

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Down payment20% · $220,000
Interest rate6.50%
Loan term30 years
$7,689
per month
  • Principal & interest$5,562
  • Property taxes$1,668
  • Insurance$458
  • HOA / fees$0
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Listing courtesy of Redfin Corporation · MLS SB25181306. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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