$2,225,000
5540 Lexington Avenue, Los Angeles CA 90038
Multi-Family (4 Units)
Property type
36 days
On market
$417
Price per sqft
4 cars
Garage
1917
Year built
7,497 sqft
Lot size
Open Houses
Overview
BUY A 4 UNIT + A 2 UNIT TOWNHOUSE NEXT DOOR! FUTURE DEVELOPMEN SITE! 5540 LEXINGTON AVENUE 90038! PRIME LOCATION! MULTI-LOT (TWO LOTS) CORNER LEVEL DEVELOPMENT SITE EACH LOT SOLD SEPARATELY. RARE DEVELOPMENT OPPORTUNITY AT LAND VALUE PRICE - CONNECTED TO THE PROPERTY JUST SOUTH, ALSO PRESENTLY ON THE MARKET (1162 NORTH ST. ANDREWS PLACE 90038 LAND = 5,497 SQ. FT. - R4...
Listing provided by: Jonathan Jay DRE #01979786 323-660-3600, Bruce Jay Associates
Listing updated: Jun 6, 2026 at 05:09pm.
Last checked: Jun 15, 2026 at 01:01am
Source: CRMLS #26830141
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,191 | $1,967 | $3,000 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,255 | $1,127 | $3,000 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,255 | $1,127 | $3,000 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,160 | $1,042 | $3,000 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Refrigerator: 4
Rent Control: Yes
Units Leased: 4
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
379.6x
List Price / Annual Gross Rent
Cap Rate
3.16%
NOI / List Price
Net Operating Income: $70,332
Interior
Heating: Wall Furnace
Appliances: Refrigerator
Laundry: Laundry Room
Exterior
Architectural Style: Craftsman
Stories Total: 2
Levels: Two
Direction Faces: North
Lot Features: Back Yard, Corners Marked, Front Yard, Rectangular Lot, Yard
View: Hills
Garage and Parking
Parking: Covered, Carport, Detached Carport, Driveway, Guest, One Space
Garage Spaces: 4
Garage: Detached
Uncovered Spaces: 4
Carport Spaces: 2
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5536008011
Additional Parcels: Yes
Zoning: LAR4
Community
HOA: No
Senior Community: No