About 5642 Lexington Avenue
Prime Hollywood 8-Unit Apartment Building with (7) 1 Bedroom and 1 Bathroom Units and (1) 2 Bedroom and 1 bathroom Unit with 5 carport parking spaces and 2 uncovered spaces. 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. All balconies have been retrofitted per code and the building has a newer composition shingle roof. Situated on a 7,099 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.
Features of 5642 Lexington Avenue
| MLS® # | SB25181306 |
|---|---|
| Price | $1,450,000 |
| Sold Price | $1,100,000 |
| Bathrooms | 0.00 |
| Lot Sqft | 7,099 |
| Acres | 0.16 |
| Year Built | 1956 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Closed |
| # Of Units | 8 |
Community Information
| Address | 5642 Lexington Avenue |
|---|---|
| Area | C20 - Hollywood |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90038 |
Amenities
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
|---|---|
| Parking Spaces | 7 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Stucco, Stone, Wood Siding |
|---|---|
| Lot Description | Front Yard, Lawn, Rectangular Lot, Street Level, Value In Land, Walkstreet, Yard |
| Roof | Composition, Shingle |
| Construction | Stucco, Stone, Wood Siding |
Additional Information
| Date Listed | August 14th, 2025 |
|---|---|
| Date Sold | October 10th, 2025 |
| Days on Market | 29 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Sam Xavier |
|---|---|
| Office | Redfin Corporation |