$ 1,250,000
-
$1,250,000
Price -
3
Bed -
2
Bath -
1,340
SqFt
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About the Listing X81461 - C140453
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 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.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Residential
MLS ®
26847031
Year Built
1917
Total Square Footage
1,340
Lot/Acreage
0.11
County
Los Angeles
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Microwave, Gas, Cooktop - Gas
- Air Cond: Central
- Heating: Central
- Fireplaces:
- Floor: Hardwood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Tile,Breakfast Area,Living Room,Dining Area,Unfurnished,Island,Bonus Room,Den/Office,Converted Garage
- Water:
Exterior Details
- Lot Description: Yard
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 50x100
- Zoning: LAR3
- Roof: Wood
- Others: Updated/Remodeled
- Sewer: On Site
- Parking Features: Attached
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Questions About..
5802 Lexington Ave Los Angeles, CA 90038
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