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Listed price in listed location currency (USD).
$1,700,000

8100

MLS® 26701519

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 6130 sqft
Garage 
Taxes 
Days Active 7
Lot Size 
Approx. Age 1962
Avg. Price Per Sqft $277
MLS® Number 26701519

Property Address: 5522 Lexington Ave, Los Angeles, CA, 90038

Average square foot calculated using Size range provided by listing agent.

Description

5522 Lexington Avenue is a 10-unit multifamily asset located in the highly desirable Hollywood submarket of Los Angeles, CA. Built in 1962, the property consists of approximately 6, 133 square feet on a 0.17-acre lot, offering an efficient unit mix of three studios, six one-bedroom units, and one two-bedroom unit. The property benefits from a low-density layout with on-site parking and strong in-place operations, making it well-positioned for both stable cash flow and future value enhancement. Situated in a prime rental corridor near major employment hubs, entertainment centers, and retail amenities, the asset offers investors a compelling opportunity to capitalize on significant rental upside. Current rents average approximately $1, 261 per unit compared to a market average near $1, 980, representing substantial mark-to-market potential. With projected income growth of over 50% and a pro forma NOI more than doubling, 5522 Lexington Avenue presents a classic value-add investment in one of Los Angeles' most supply-constrained and high-demand rental markets.
MLS® Number26701519
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$1,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
5522 Lexington Ave, Los Angeles, CA

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