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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

5642 Lexington Avenue # 5, Los Angeles – $1,450,000

  • $1.5M Price
  • .16 Acres
  • 44 DOM
  • $1.5M Price
  • .16 Acres
  • 44 DOM

5642 Lexington Avenue # 5

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.

Essential Information

  • MLS® #25577313
  • Price$1,450,000
  • Bathrooms0.00
  • Acres0.16
  • Year Built1956
  • TypeCommercial Sale
  • StatusActive Under Contract

Community Information

  • Address5642 Lexington Avenue # 5
  • AreaC20 - Hollywood
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90038

Additional Information

  • Date ListedAugust 14th, 2025
  • Days on Market44
  • ZoningLAR3

Listing Details

  • AgentMichael Berlin
  • OfficeRedfin
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Price Change History for 5642 Lexington Avenue # 5, Los Angeles, (MLS® #25577313)

Date Details Change
Status Changed from Active to Active Under Contract
Price Increased from $1,425,000 to $1,450,000 $25,000 (1.75%)

Michael Berlin, Redfin.

Based on information from California Regional Multiple Listing Service, Inc. as of September 28th, 2025 at 1:50am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.