Income Home for Sale in Los Angeles, California

5828 Lexington Avenue, Los Angeles, California 90038, US

$ 1,095,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 1,095,000
  • MLS ID: 25605843
  • Property Type: Income Home
  • WEB ID: PR03401646
  • Property Status: Active Under Contract
  • Lot Size: 7,502sqft

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 1,095,000
  • MLS ID: 25605843
  • Property Type: Income Home
  • WEB ID: PR03401646
  • Property Status: Active Under Contract
  • Lot Size: 7,502sqft
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.

Additional Features

  • None
  • Two
  • Parking spaces: 0.00
  • Listing Status: Active Under Contract
  • Listing Agent: Chase Simonton (lic# 01766871) of Beverly Hills/Greater LA
  • Listing Office: RE/MAX One (lic# 00965994)
  • Based on information from CRISNet MLS as of 5th August 2026 at 1:25pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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