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5522 Lexington Avenue, Los Angeles, CA 90038

Los Angeles
Local realty services provided by:CENTURY 21 Classic Estates
5522 Lexington Avenue,Los Angeles, CA 90038
$1,500,000
  • 8 Beds
  • 10 Baths
  • 6,130 sq. ft.
  • Multi-family
  • Active
Listed by: daniel withers
Office: matthews real estate investment services866-889-0550
MLS#:26701519
Source:CRMLS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$244.7

About this home

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...

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Home facts

  • Year built:1962
  • Listing ID #:26701519
  • Added:70 day(s) ago
  • Updated:June 20, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:10
  • Living area:6,130 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:6,130 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$244.7

Parking

  • Total parking spaces:10
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Classic Estates is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Classic Estates, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sol Almarines

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