5737 Lexington Ave

Off Market

5737 Lexington Ave

Los Angeles CA 90038

10292 sq. ft.

7502 sq. ft.

Other

Last sold for $2,820,000

Neema Ahadian, last sold this property on 17 June 2025 after 161 days on market.

Overview

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 6.20% CAP rate at 8.75 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.

Features

20 bathrooms

10292 sq. ft. floor area

7502 sq. ft. lot size

Other

Estimated Value

Based on this property and similar other properties sold in Los Angeles over the last 12 months, the estimated median property value of 5737 Lexington Ave is $2m.

Median value

$2m

Estimated value range

$750k - $9m

Median days on market

Estimated value trend

39%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5737 Lexington Ave

2025

Sold

$2,820,000

17 Jun 2025 by Neema Ahadian, of Marcus & Millichap

2014

Sold

$950,960

30 Dec 2014

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for other properties in Los Angeles

In the last 12 months, 21 other properties similar to 5737 Lexington Ave, have been sold.

This represents a 9% increase in other properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Los Angeles for a market analysis.

Amy Oganyan

at Keller Williams Beverly Hills

(122 reviews)

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Colt Maloney

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Stephany Chen

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Kristopher Edwards

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Amy Oganyan

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