5522 Lexington Avenue, Los Angeles, CA 90038
Local realty services provided by:CENTURY 21 Lois Lauer Realty
5522 Lexington Avenue,Los Angeles, CA 90038
$1,700,000
- 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:$1,700,000
- Price per sq. ft.:$277.32
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 of Los Angeles' most supply-constrained and high-demand rental markets....
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Home facts
- Year built:1962
- Listing ID #:26701519
- Added:1 day(s) ago
- Updated:April 11, 2026 at 01:29 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:$1,700,000
- Price per sq. ft.:$277.32
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