Welcome to this rare and beautifully upgraded California Bungalow, an outstanding opportunity for both investors and end users in the heart of Hollywood. Offering strong income-producing potential, this home can achieve approximately $5,000 – $5,500 per month in rental income, making it an ideal turnkey investment in a high-demand location.Blending timeless charm with modern upgrades, the property underwent a full remodel in 2022, including updated plumbing, refreshed systems, and stylish contemporary finishes throughout. From the moment you arrive, the home makes an impression with a fully fenced front yard, electric driveway gate, lush landscaping, and a welcoming oversized porch perfect for morning coffee or evening relaxation. Inside, the residence features a warm, light-filled interior with new flooring, fresh interior and exterior paint, upgraded windows, and new privacy blinds. Original architectural details built-ins, mouldings, French doors, and a classic gas fireplace preserve its character while elevating its appeal. A large picture window fills the living space with natural light, flowing into a charming dining area with a built-in wood cabinet and a newly updated chef’s kitchen complete with new countertops, cabinetry, and appliances.The layout offers three spacious bedrooms and two updated bathrooms, including a convenient half bath, making it highly functional for families, roommates, or rental occupants. The large attic provides extensive additional storage, a rare bonus in homes of this style. Combined with its flexible floor plan, the property delivers excellent livability and long-term value.Investor appeal is further enhanced by LR3 zoning and a generous corner lot, offering clear upside for future expansion, development, or additional units. The converted garage adds exceptional versatility and is ideal as a bonus room, additional bedroom, home office, or creative studio, creating even more functional living space and enhancing both end-user appeal and rental flexibility. The backyard is designed for effortless entertaining, featuring new hardscape, an outdoor TV setup, and ample space for gatherings, dining, and relaxation. Additional highlights include a new tankless water heater, copper plumbing, bi-weekly gardening service provided by the landlord, and three off-street parking spaces. Located just moments from the vibrant energy of Hollywood, the property is close to world-class restaurants, cafes, bars, shopping, and entertainment, offering a truly walkable, buzzing lifestyle in one of Los Angeles’ most iconic neighborhoods.Whether you’re an investor seeking strong cash flow and future upside, or a first-time buyer looking to step into a prime Hollywood location with built-in income potential, this turnkey California Bungalow delivers on every level.
Property Details
Price:
$1,250,000
MLS #:
26847031
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c20hollywood
Listed Date:
Jun 12, 2026
Finished Sq Ft:
1,540
Total Sq Ft:
1,540
Lot Size:
5,002 sqft / 0.11 acres (approx)
Year Built:
1917
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Appliances
DW, MW, GS
Bathrooms
2 Full Bathrooms
Cooling
CA
Flooring
WOOD
Heating
CF
Laundry Features
IK, DINC, WINC
Levels
A
Exterior
Architectural Style
CRF
Attached Garage YN
1
Common Walls
NCW
Direction Faces
N
Fencing
WD
Garage Spaces
2
Other Structures
GR
Parking Spots
2
Parking Total
2
Patio And Porch Features
WOD, TLE
Roof
WOD
Security Features
SD, GC
Spa Features
NO
View
CI
Window Features
SHT
Financial
Map
Community
- Address5802 Lexington AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 14, 2026
7,202
Single Family Listed
85
Avg DOM
439
Avg $ / SqFt
$1,681,687
Avg List Price
Property Summary
- 5802 Lexington AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90038. It is listed for $1,250,000 and features 3 beds, 2 baths, and has approximately 1,540 square feet of living space, and was originally constructed in 1917. The current price per square foot is $812. The average price per square foot for Single Family listings in Los Angeles is $439. The average listing price for Single Family in Los Angeles is $1,681,687.
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