Millman Team Real Estate

$1,450,000
0.16 Acre Lot

5642 Lexington Avenue 5, Los Angeles, California 90038

  • Commercial Sale Property Type
  • 1956 Year Built
Property Description

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.

Basic Details
Commercial Sale
For Sale
25577313
$1,450,000
1956
0.16 Acre
Active Under Contract
Features
: Inside, Common Area
$0
Address Map
CA
Los Angeles
Los Angeles
90038
Lexington
5642
Avenue
Near Lexington Ave and Wilton Pl
C20 - Hollywood
5
LAR3
Additional Information
$0
$0
$0
$0
$0
6094
2025-08-14
Multi-Family
1425000
https://www.youtube.com/watch?v=kn4sWhAoU1w
Broker/Agent Information
Redfin
Michael Berlin
Listing Information
Sam Xavier
CLW-1626444
CLW-1321618
Redfin Corporation
CLW-X48580
CLW-X75273
Active Under Contract
2025-08-20T04:03:24Z
CRMLS
: Standard
2025-08-17T00:00:00Z
Agent info
Ray Millman
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