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CA
Los Angeles
Los Angeles
90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
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$1,700,000

5522 Lexington Avenue, Los Angeles, CA, 90038

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5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
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Save
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038
5522 Lexington Avenue, Los Angeles, CA, 90038

Information

MLS ID: 26701519
Price: $1,700,000
Days On Market: 16
Year Build: 1962
Square Footage: 6,130 Sq ft
Bedrooms: 8

Details

Address: 5522 Lexington Avenue
County: Los Angeles
City: Los Angeles
Zip: 90038
State: California

Description

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.

Location

Listed By

Listing Agent

Daniel Withers

daniel.withers@matthews.com
818-923-6107
Matthews Real Estate Investment Services

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Print Details
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® 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 or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 5th May, 2026 8:12 AM (UTC)
Listing Agent: Daniel Withers
Listing Office: Matthews Real Estate Investment Services
Attribution contact: 818-923-6107

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