5737 Lexington Ave
Los Angeles, CA 90038
-- Bed
20 Baths
10,292 Sq Ft
46 Days on Market
For Sale $3,050,000
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Courtesy of Marcus & Millichap

Listing Agent & Comments

Neema AhadianMarcus & Millichap
310-909-5444neema@marcusmillichap.com License #01346750
We are pleased to present 5737 Lexington Ave, a 20-unit multifamily investment opportunity in Hollywood located north of Santa Monica Blvd between N Van Ness Ave & Wilton Pl. The property features a unit mix of 20 singles; renovated units include hardwood floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 5.92% CAP rate at 9.12 GRM on current income with an additional 16% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, intercom, common area paint & lighting fixtures, lobby tile flooring, refinished hallway flooring, outdoor furniture, exterior facade paint, and water heater. The building is separately metered for electricity and has an on-site laundry room with two washers and two dryers. High Walk Score of 87, the property is less than a mile from the Metro Red Rail Line, and walking distance to Metro Local Lines along Santa Monica Blvd & Western Ave. This neighborhood of Koreatown is ideally located with a short commute to Los Feliz, West Hollywood, and Koreatown; easy access to the 101 Freeway via Western Ave.

MLS# 25477487 • Data provided by CRMLS
Additional home details
Living Area10,292 Sq.Ft.
Lot Size7,501 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms20
Stories--
Year Built1927
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$44,908
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$3,460,682
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage

5737 Lexington Ave., Los Angeles, CA 90038

Multifamily
-- Bed
20 Baths
10,292 Sq Ft
46 Days on Market

Listing Agent & Comments

Neema AhadianMarcus & Millichap
310-909-5444neema@marcusmillichap.com License #01346750
We are pleased to present 5737 Lexington Ave, a 20-unit multifamily investment opportunity in Hollywood located north of Santa Monica Blvd between N Van Ness Ave & Wilton Pl. The property features a unit mix of 20 singles; renovated units include hardwood floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 5.92% CAP rate at 9.12 GRM on current income with an additional 16% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, intercom, common area paint & lighting fixtures, lobby tile flooring, refinished hallway flooring, outdoor furniture, exterior facade paint, and water heater. The building is separately metered for electricity and has an on-site laundry room with two washers and two dryers. High Walk Score of 87, the property is less than a mile from the Metro Red Rail Line, and walking distance to Metro Local Lines along Santa Monica Blvd & Western Ave. This neighborhood of Koreatown is ideally located with a short commute to Los Feliz, West Hollywood, and Koreatown; easy access to the 101 Freeway via Western Ave.

MLS# 25477487 • Data provided by CRMLS
Additional home details
Living Area10,292 Sq.Ft.
Lot Size7,501 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms20
Stories--
Year Built1927
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$44,908
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $3,050,000
Request tour
Save
Courtesy of Marcus & Millichap
5737 Lexington Ave
Los Angeles, CA 90038
-- Bed
20 Baths
10,292 Sq Ft
46 Days on Market

Listing Agent & Comments

Neema AhadianMarcus & Millichap
310-909-5444neema@marcusmillichap.com License #01346750
We are pleased to present 5737 Lexington Ave, a 20-unit multifamily investment opportunity in Hollywood located north of Santa Monica Blvd between N Van Ness Ave & Wilton Pl. The property features a unit mix of 20 singles; renovated units include hardwood floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 5.92% CAP rate at 9.12 GRM on current income with an additional 16% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, intercom, common area paint & lighting fixtures, lobby tile flooring, refinished hallway flooring, outdoor furniture, exterior facade paint, and water heater. The building is separately metered for electricity and has an on-site laundry room with two washers and two dryers. High Walk Score of 87, the property is less than a mile from the Metro Red Rail Line, and walking distance to Metro Local Lines along Santa Monica Blvd & Western Ave. This neighborhood of Koreatown is ideally located with a short commute to Los Feliz, West Hollywood, and Koreatown; easy access to the 101 Freeway via Western Ave.

MLS# 25477487 • Data provided by CRMLS
Additional home details
Living Area10,292 Sq.Ft.
Lot Size7,501 Sq.Ft.
Total Rooms--
Bedrooms--
Bathrooms20
Stories--
Year Built1927
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$44,908
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$3,460,682
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $3,050,000
Request tour
Save
Courtesy of Marcus & Millichap