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Marcie Sands

myagentmarcie@gmail.com +1(760) 644-1562

$ 1,150,000

Est. payment -/mo

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Price Dropped by $45K

5828 Lexington AVE Los Angeles, CA 90038

9 Beds

6 Baths

3,870 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,870 sqft

Price per Sqft $297

MLS Listing ID 25605843

Bedrooms 9

HOA Y/N No

Year Built 1920

Lot Size 7,501 Sqft

Property Description

5828 Lexington Ave offers an incredible Hollywood investment opportunity with a 6-unit property on a large 7,500 SF lot. The front house features a charming 2-bedroom, 1-bath residence, complemented by five additional units in the rear comprised of a mix of one-bedroom and two-bedroom apartments. With a total building size of 3,870 SF, this property represents one of the lowest cost entry points in the area at just $1,195,000, making it one of the cheapest price-per-unit offerings available.Currently under market rents, the property provides investors with an attractive 68% rental upside. The LAR3 zoning also adds long-term redevelopment potential. This creates a value-add opportunity for investors to improve the property and increase income.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating None

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Pool None

View Y/N No

View None

Total Parking Spaces 6

Private Pool No

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5534018021

Special Listing Condition Standard

Listed by Chase Simonton RE/MAX One

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Valley View Elementary

Public | KG - 5
9

Citizens of the World Charter

Public | KG - 8
8

Hancock Park Elementary

Public | KG - 5
8

Melrose Avenue Elementary School

Public | KG - 6
8

3rd Street Elementary School

Public | KG - 5
8

Larchmont Charter

Public | KG - 12
8

Queen Anne Place Elementary School

Public | KG - 5
8

Los Feliz STEMM Magnet School

Public | KG - 6
8

Hoover Street Elementary

Public | KG - 5
8

Franklin Avenue Elementary

Public | KG - 5
7

Gardner Street Elementary

Public | PK - 5
7

Cheremoya Avenue School

Public | PK - 6
7

Hollywood Primary Center

Public | KG - 3
7

Dr. Sammy Lee Medical and Health Science Magnet

Public | KG - 5
6

Wilshire Park Elementary

Public | KG - 5
6

Van Ness Avenue Elementary

Public | KG - 5
6

Kim Elementary School

Public | KG - 5
6

Cahuenga Elementary School

Public | KG - 5
6

Micheltorena Elementary

Public | KG - 5
5

Wilton Place Elementary

Public | KG - 5

Middle Schools 20

8

Rise Kohyang Middle School

Public | 6 - 8
6

John Burroughs Middle School

Public | 6 - 8
6

Virgil Middle School

Public | 6 - 8
6

Thomas Starr King Middle School

Public | 6 - 8
4

Magnolia Science Academy 5

Public | 6 - 12
4

Bancroft Middle School

Public | 6 - 8
4

Joseph Le Conte Middle School

Public | 6 - 8
4

RFK Community Schools - Ambassador School of Global Leadership

Public | 6 - 12
4

Los Angeles Academy of Arts & Enterprise Charter

Public | 6 - 12
4

Vista Charter Middle School

Public | 6 - 8
2

Monsenor Oscar Romero Charter Middle School

Public | 6 - 8
1

Apex Academy

Public | 7 - 12
1

Berendo Middle School

Public | 6 - 8
1

Young Oak Kim Academy

Public | 6 - 8
0

West Hollywood Opportunity

Public | 7 - 12
0

Aviva High School

Private | 7 - 12
0

The Episcopal School of los Angeles

Private | 6 - 9
0

Marlborough School

Private | 7 - 12
0

Richard A. Alonzo Community Day

Public | 7 - 12
0

Immaculate Heart High School & Middle School

Private | 6 - 12

High Schools 20

8

John Marshall High School

Public | 9 - 12
7

Fairfax High School

Public | 9 - 12
7

Math and Science College Preparatory

Public | 9 - 12
7

STEM Academy of Hollywood

Public | 9 - 12
7

Central City Value

Public | 9 - 12
7

Camino Nuevo High No. 2

Public | 9 - 12
5

Hollywood High School

Public | 9 - 12
4

RFK Community Schools - Los Angeles High School of the Arts

Public | 9 - 12
3

Los Angeles High School

Public | 9 - 12
1

Helen Bernstein High School

Public | 9 - 12
1

RFK Community Schools - School for the Visual Arts & Humanities

Public | 9 - 12
0

Harkham-Gaon Acadamy

Private | 9 - 12
0

Whitman Continuation

Public | 9 - 12
0

Shaarei Torah California Rabbinical College

Private | 9 - 12
0

Bais Yaakov School for Girls

Private | 9 - 12
0

Yeshiva Gedolah of los Angeles

Private | 9 - 12
0

Yeshiva Ohr Elchonon Chabad - West Coast

Private | 9 - 12
0

Bnos Devorah High School

Private | 9 - 11
0

Canyon Oaks School

Private | 10 - 12
0

Soledad Enrichment Action Charter High School

Public | 9 - 12

School and business data provided by Attom Data.

Marcie Sands

REALTOR® | CA DRE#01428288

+1(760) 644-1562

Marcie Sands

5828 Lexington AVE Los Angeles, CA 90038

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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5828 Lexington AVE