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… Read More 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. Read Less
Courtesy of Redfin 877-973-3346
Listing Snapshot
Days Online
282
Last Updated
Property Type
Multi-Family
Lot Size
0.16 Acres
Year Built
1956
MLS Number
25577313
30 Days Snapshot Of 90038
$1.23M
+16%
(avg) sold price
1
-80%
home sold
166
+219%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
6,094 sq ft, Built in 1956
Laundry
Community, Inside
Lot
LotAcreage: 0.163, LotSizeArea: 7,099
Parking
TotalParking: 0
Property
PropertySubType: Multi-Family, Zoning: LAR3
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