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5540 Lexington Avenue Los Angeles, CA $ 2,225,000
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5540 Lexington Avenue
$ 2,225,000
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5540 Lexington Avenue

Los Angeles, CA, 90038
$ 2,225,000
Bedrooms8 Baths1.0 Sq 5,334

Monthly Estimate*

$ 13,700

Listed by Bruce Jay Associates
5540 Lexington Avenue, Los Angeles, CA 90038 - Image 1
5540 Lexington Avenue, Los Angeles, CA 90038 - Image 2
5540 Lexington Avenue, Los Angeles, CA 90038 - Image 3

Multi-Family Home for sale in Los Angeles, CA

for $2,225,000 with 8 bedrooms and 1 full bath. This 5,334 square foot home was built in 1917 on a lot size of 0.1721.

5540 LEXINGTON AVENUE 90038! PRIME LOCATION! MULTI-LOT (TWO LOTS) CORNER LEVEL DEVELOPMENT SITE EACH LOT SOLD SEPARATELY. RARE DEVELOPMENT OPPORTUNITY AT LAND VALUE PRICE - CONNECTED TO THE PROPERTY JUST SOUTH, ALSO PRESENTLY ON THE MARKET (1162 NORTH ST. ANDREWS PLACE 90038 LAND = 5,497 SQ. FT. - R4 ZONING - SAME OWNER). THIS RESULTS IN A MUCH LARGER DEVELOPMENT SITE WITH BOTH PROPERTIES BEING AVAILABLE FOR SALE, TRULY A SUPERIOR INVESTMENT AND AS REPORTED TO US R4 ZONING DOES NOT REQUIRE PARKING WHICH LEAVES MORE ROOM FOR ADDITIONAL RENTAL UNITS! AND WITH MONTH-TO-MONTH TENANTS THE DEVELOPER MAY GAIN INCOME DURING THE CONSTRUCTION PROCESS! THE RENTALS ARE SEPARATELY METERED FOR ELECTRIC & GAS PLUS A HUGE PARKING COURT WITH GARAGES. LOCATED CLOSE TO DINING HOT SPOTS, GOOD SCHOOLS, TRANSPORTATION, AND THE FREEWAY IS NOT TOO FAR AWAY. THIS IS A SMART INVESTMENT OPPORTUNITY FOR A MULTI-PROPERTY CORNER DEVELOPMENT SITE - PLEASE CALL US FOR ANY QUESTIONS OR FURTHER DETAILS. AND SHOULD YOU NEED IDEAS FOR YOUR DREAM DEVELOPMENT WE WILL CONNECT YOU WITH DEVELOPERS, IF NEEDED. WE APPRECIATE YOUR INTEREST. THANK YOU!

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Multi-Family Active

Price

$ 2,225,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1721

Year Built

1917

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26830141

Days on Market

6
Features
General
Living Area 5334
Heating Wall Furnace
Appliances Refrigerator
Zoning LAR4
Garage Spaces 4
Architectural Style Craftsman
Year Built 1917
Tenant Pays Electricity Gas
View Hills
Stories Count 2
Levels Two
Gross Income 5861
County Los Angeles
Net Operating Income 70332
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction North
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional
Directions please check google maps
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 7497
Carport Spaces 2
Carport Y/N true
Number of Units Leased 4
Additional Parcels Y/N true
Rent Control Y/N true
Standard Status Active
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 8
Total Baths 4
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Exterior
Parking Features Covered Carport Detached Carport Driveway Guest One Space
Lot Features Back Yard Corners Marked Front Yard Rectangular Lot Yard
Total Parking 0
Lot Size Area 7497
Number of Buildings 1
Building Area Total 5334
Lot Size Acres 0.1721
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* Excluded Features
List By
Bruce Jay Associates

Broker

jonathan@brucejay.com

Email

Affordability Calculator

$13,700
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Monthly Principal & Interest
$13,700
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/11/2026$2,225,000 Listed Price

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5540 Lexington Avenue, Los Angeles, CA, 90038 is a Multi-Family Home for sale at $2,225,000 with 5,334 sqft and a lot size of 0.1721. 5540 Lexington Avenue has 8 bedrooms, 1.0 baths, and was built in 1917. The property's zip code is 90038 which is in Los Angeles, CA

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