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Backup Offers

5670 Lexington Ave, Los Angeles, CA, 90038

$1,125,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Baths
3,278 SqFt
$343/SqFt
House
Schools Nearby

Location

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5670 Lexington Ave, Los Angeles$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1941
HeatingNatural Gas
MLS #24365121
Lot Size0.11 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 5670 Lexington Ave

PRIME VALUE-ADD OPPORTUNITY! Welcome to 5670 Lexington Avenue where seller has arranged for all 3 units to be vacant within 45 days This corner-lot triplex located in the vibrant heart of Hollywood. This property presents an exciting opportunity for investors looking to customize and maximize its potential. The property is comprised of 3 distinct units and offers a desirable unit mix. Currently the property has one vacant unit with the remaining two units being vacant within 45-days. This makes it ready to quickly begin renovations. The unit configuration consists of a 3 bedroom/2 bath, a 2 bedroom/1 bath and a 1 bedroom/1 bath. This value-add property offers potential for substantial returns whether you are looking for a property to fix & flip, or a long-term income generating asset. Take advantage of this rare opportunity to shape the future of 5670 Lexington Avenue so it aligns with your investment goals

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 0
  • Living Area: 3,278 SqFt

Listing Office:

  • Office Name: Keller Williams Coastal Prop.
  • Office Phone: (562) 961-1400
  • Listing Agent: Amie Vines

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • Helen Bernstein High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Joseph Le Conte Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Corner of Wilton and Lexington

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000
  • Price Per SqFt: $343/SqFt

Tax Information:

  • Annual Amount: $2,968
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

5670 Lexington Ave vs Los Angeles

56 DAYS ON ROCKET

+22 Days

$1,125,000

+$138.5K More

$343/SqFt

-$289 Less

KEY TAKEAWAY

This property is $138.5K more than the Median Sold Price and $289/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24365121

Listing Office:

  • Office Name: Keller Williams Coastal Prop.
  • Office Phone: (562) 961-1400
  • Listing Agent: Amie Vines

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 4:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 1996Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,968$207,167
2020$2,890$205,044
2019$2,799$201,025
2018$2,748$197,085
2017$2,748$193,221

History based on county public records data.

Payment Calculator

$5,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4544915
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.92 miles

  • Public Magnet Grades KG-6

school-card-donut-4544916
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.07 miles

  • Public Magnet Grades 1-5

school-card-donut-4544917
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 26.18 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4544918
4
/10

  • Joseph Le Conte Middle School

  • 1316 N Bronson Ave

  • 0.25 miles

  • Public Magnet Grades 6-8

school-card-donut-4544919
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.47 miles

  • Public District Grades 6-8

High School

school-card-donut-4544920
2
/10

  • Helen Bernstein High School

  • 1309 N Wilton Pl

  • 0.18 miles

  • Public District Grades 9-12

school-card-donut-4544921
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.94 miles

  • Public Magnet Grades 9-12

school-card-donut-4544922
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.76 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,624. Typical income of Los Angeles, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5670 Lexington Ave

What is the listing price of this property?

The listing price of 5670 Lexington Ave property is $1,125,000.

What type of property is this?

The property 5670 Lexington Ave is a house located in Los Angeles, California, 90038.

Is this property for sale now?

Accepting Backup Offers: 5670 Lexington Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5670 Lexington Ave are:
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Joseph Le Conte Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Helen Bernstein High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,968 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 3, 1996 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5670 Lexington Ave has 7 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5670 Lexington Ave is 3,278 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5670 Lexington Ave is 1941.

Rocket Homes›California›Los Angeles County›Los Angeles›90038›5670 Lexington Ave

This home is located at 5670 Lexington Ave in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. This 3,278 square foot home, which was built in 1941, sits on a 0.11 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $1,125,000.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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