5342 Lexington Avenue, Los Angeles, CA 90029

Local realty services provided by:ERA Excel Realty
#1#2#3
5342 Lexington Avenue,Los Angeles, CA 90029
$2,300,000
  • 12 Beds
  • 10 Baths
  • 8,034 sq. ft.
  • Multi-family
  • Active
Listed by:sevak keshishian
Office:marcus & millichap
MLS#:25555931
Source:CRMLS

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$286.28

About this home

We are pleased to present 5342 Lexington Avenue, a ten-unit multifamily investment opportunity located in the Little Armenia neighborhood of East Hollywood. This value-add asset will provide the next investor with the opportunity to capture over 38% of rental upside through an interior renovation program and over 57% of rental upside with the addition of ADU income. Constructed in 1963, 5342 Lexington Avenue comprises eight one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, one non-conforming studio unit, and one non-conforming one-bedroom/one-bathroom unit. Sitting on a 7,500 square foot lot, the parcel is zoned RD1.5XL, making the existing ten units irreplaceable with the current zoning. The roughly 8,034 square feet of improvements boast an average unit size of 800 square feet. All units are individually metered for gas and electricity, and the property provides tenants with an on-site laundry, a central water heater, and eleven parking spaces. Other capital

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Home facts

  • Year built:1963
  • Listing Id #:25555931
  • Added:56 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:10
  • Living area:8,034 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1963
  • Building area:8,034 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$286.28
Based on information from California Regional Multiple Listing Service, Inc. as of August 19, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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