Commercial: MLS #0025577313 Los Angeles, CA $ 1,450,000
Commercial: MLS #0025577313
$ 1,450,000
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Commercial: MLS #0025577313

Los Angeles, CA, 90038
$ 1,450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 9,046

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View a Virtual Tour

Commercial Property for sale in Los Angeles, CA

for $1,450,000. This building was built in 1956.

Prime Hollywood 8-Unit Apartment Building with (7) 1 Bedroom and 1 Bathroom Units and (1) 2 Bedroom and 1 bathroom Unit with 4 carport parking spaces with guest parking onsite - 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. Situated on a 6,250 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.

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Commercial Contingent

Price

$ 1,450,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025577313

Features
General
Zoning LAR3
Year Built 1956
County Los Angeles
Property Type F
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
MLS Area C20 - Hollywood
Lot Size Square Feet 0.0
Virtual Tour https://www.youtube.com/watch?v=kn4sWhAoU1w
Standard Status Active Under Contract
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Exterior
Lot Size Area 7099.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Stories 0
Laundry Features Inside Community
Total Baths 0
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* Excluded Features
List By
Michael Berlin

Listing Agent

Redfin

Broker

Affordability Calculator

$9,046
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,046
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/19/2025$1,450,000 Listed Price

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