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 $1,095,000, 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.
Under contract
$1,095,000
5828 Lexington Ave, Los Angeles, CA 90038
9beds
6baths
3,870sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$283/sqft
$-- HOA
What's special
- 304 days |
- 29 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Chase Simonton DRE # 01766871 310-383-5927,
RE/MAX One 818-366-3300
Source: CLAW,MLS#: 25605843
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- None
Cooling
- Air Conditioning
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 3,870
- Total interior livable area: 3,870 sqft
Property
Parking
- Total spaces: 6
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 7,501 Square Feet
Details
- Additional structures: None
- Parcel number: 5534018021
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1920
Community & HOA
Community
- Security: None
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $337,110
- Annual tax amount: $5,182
- Date on market: 10/14/2025
- Total actual rent: 93176
Estimated market value
Not available
Estimated sales range
Not available
$3,726/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2026 | Contingent | $1,095,000$283/sqft |
Source:  CLAW #25605843 Report a problem | ||
| 2/23/2026 | Price change | $1,095,000-4.8%$283/sqft |
Source: CLAW #25605843 Report a problem | ||
| 1/28/2026 | Price change | $1,150,000-3.8%$297/sqft |
Source: CLAW #25605843 Report a problem | ||
| 10/14/2025 | Listed for sale | $1,195,000-29.5%$309/sqft |
Source: CLAW #25605843 Report a problem | ||
| 4/1/2022 | Listing removed | -- |
Source: CLAW #21-105621 Report a problem | ||
| 2/25/2022 | Price change | $1,695,000-1.7%$438/sqft |
Source: CLAW #21-105621 Report a problem | ||
| 2/17/2022 | Listed for sale | $1,725,000$446/sqft |
Source: CLAW #21-105621 Report a problem | ||
| 1/27/2022 | Contingent | $1,725,000-3.6%$446/sqft |
Source: CLAW #21-105621 Report a problem | ||
| 12/30/2021 | Pending sale | $1,790,000$463/sqft |
Source: CLAW #21-105621 Report a problem | ||
| 11/16/2021 | Listed for sale | $1,790,000+764.7%$463/sqft |
Source:  CLAW #21105621 Report a problem | ||
| 11/15/1995 | Sold | $207,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,182 +1.9% | $344,401 +2% |
| 2024 | $5,085 +1.5% | $337,660 +2% |
| 2023 | $5,008 +4% | $331,051 +2% |
| 2022 | $4,817 +1.6% | $324,571 +2% |
| 2021 | $4,742 -0.8% | $318,219 +1% |
| 2020 | $4,778 | $314,963 +2% |
| 2019 | $4,778 +6.8% | $308,799 +2% |
| 2018 | $4,472 | $302,756 +2.2% |
| 2017 | $4,472 +2.9% | $296,282 +2% |
| 2016 | $4,347 +3.1% | $290,474 +1.5% |
| 2015 | $4,216 -0.1% | $286,112 +2% |
| 2014 | $4,220 | $280,508 +2.5% |
| 2012 | -- | $273,767 +2.8% |
| 2010 | -- | $266,395 -0.2% |
| 2009 | -- | $267,029 +2% |
| 2008 | -- | $261,794 +2% |
| 2007 | -- | $256,662 +2% |
| 2006 | -- | $251,631 |
| 2005 | -- | $251,631 +4% |
| 2004 | -- | $241,862 +1.9% |
| 2003 | -- | $237,430 +2% |
| 2002 | -- | $232,775 +4% |
| 2000 | -- | $223,738 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Hollywood
Nearby schools
GreatSchools rating
- 7/10Santa Monica Boulevard Community Charter SchoolGrades: K-6Distance: 0.2 mi
- 3/10Joseph Le Conte Middle SchoolGrades: 6-8Distance: 0.2 mi
- 3/10Helen Bernstein High SchoolGrades: 9-12Distance: 0.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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