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5522 Lexington Avenue

Los Angeles, CA 90038
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Bed 8

Bed

Bath 0

Bath

SqFt6,130

Sqft

SqFt7,497

Sqft(Lot)

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, rep resenting 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,500,000

AD Id : 76964581

MLS Id : 26701519

Beds : 8

Lot Size : 7,497 Sqft

Living Area Size : 6,130

Year Built : 1962

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1962 Building Area Total: 6,130

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1721 Lot Size Dimensions: 50x150
  • Lot Size Source: Other Lot Size Square Feet: 7497

  • Listing Price Information

    Original List Price: 1,500,000 Listing Contract Date: 2026-04-01
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5536008007

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C20 - Hollywood Directions: East of N St Andrews Pl; West of Western Ave Zoning: LAR4 Source Property Type: Residential Income Area: C20 - Hollywood
  • Building and Construction

    Property Age: 64 Year Built Source: Other Total Square Feet Living: 6130 Levels or Stories: Multi/Split
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Nearby Home Value

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5416 Barton Avenue, Los Angeles, CA, 90038 $800,000 3 1 1,615 1,615 SqFt
5436 Romaine Street, Los Angeles, CA, 90038 $3,699,999 21 -- 9,437 9,437 SqFt
5640 Santa Monica Boule.., Los Angeles, CA, 90038 $24,000,000 -- -- 57,664 57,664 SqFt
5526 Sierra Vista Avenue, Los Angeles, CA, 90038 $1,150,000 6 -- 3,275 3,275 SqFt
1059 N Wilton Place, Los Angeles, CA, 90038 $939,000 3 2 1,272 1,272 SqFt
5430 Monroe Street, Los Angeles, CA, 90038 $1,499,000 4 -- 2,200 2,200 SqFt
1220 N Van Ness Avenue, Los Angeles, CA, 90038 $1,635,000 11 -- 6,480 6,480 SqFt
1032 N Ridgewood Place, Los Angeles, CA, 90038 $1,100,000 4 -- 1,744 1,744 SqFt

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ByOwner last updated this listing 06/19/2026 @ 13:10

MLS: 26701519 LISTED BY: Daniel Withers, Matthews Real Estate Investment Services 866-889-0550 SOURCE: CRMLS

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