Zumper
modified
5+ Days Ago

Highlights

  • Spacious bedrooms
  • Modern apartment
  • Gated property
  • Brand new appliances
  • In-unit washer/dryer
  • Open concept kitchen/living area

Location

5536 Lexington Ave, Los Angeles, CA 90038, USA|Hollywood Studio District
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Contact

Management

Orion Housing, LLC.

Leasing office

(310) 616-6684

Property Overview

Premium Dion Apartments offers a modern living experience with spacious bedrooms, an open concept kitchen/living area, brand new appliances, and in-unit washer/dryer, all within a secure gated property. With an overall expert rating of 8.4/10, including a perfect 10/10 for price, strong scores for amenities, location, and trustworthiness, it delivers excellent value and convenience, especially given its proximity to top-rated nearby schools.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, Premium Dion Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Premium Dion Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • High school nearby

Floor plans

Orion 5536 Lexington Floor Plan Unit 55383 bed3 bath1,300 sqft$4,200 /mo1 unit available
Orion 5536 Lexington Floor Plan Unit 1 (Inverse of 2)3 bed2 bath1,100 sqft$4,200 /mo1 unit available
Orion 5536 Lexington Floor Plan Unit 4 (Inverse of 3)3 bed2 bath1,200 sqft$4,200 /mo1 unit available

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units5
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About Premium Dion Apartments

HomeApartments in Los AngelesHollywood Studio District Premium Dion Apartments

Welcome to the Premium Dion Apartments! These units hold a huge open concept kitchen/living area and spacious bedrooms that can accommodate 3-5 people. Each apartment also comes equipped with brand new appliances, central AC/heating, and an in-unit washer/dryer. You’ll even get access to 2 parking spaces for your unit! This property is a beautiful modern apartment near Hollywood and Melrose Ave. In this amazing location you’ll be surrounded by tons of great restaurants and shops! Minutes away from local colleges and shops Gated property In-unit washer/dryer Parking available


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, Premium Dion Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Premium Dion Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Premium Dion Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Premium Dion Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Premium Dion Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Premium Dion Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Premium Dion Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Premium Dion Apartments compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 mile away
High school nearby
There is a high school 0.2 mile away

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Rent trends in Hollywood Studio District

3-bedroom apartments at Premium Dion Apartments cost about 5% more than the average rent price for 3-bedroom apartments in Hollywood Studio District.

Median rents as of May 9 2026.
Hollywood Studio District
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
May 2024$1,750
June 2024$1,778
July 2024$1,816
August 2024$1,848
September 2024$1,848
October 2024$1,801
November 2024$1,814
December 2024$1,845
January 2025$1,848
February 2025$1,815
March 2025$1,810
April 2025$1,756
May 2025$1,745
June 2025$1,750
July 2025$1,750
August 2025$1,736
September 2025$1,702
October 2025$1,702
November 2025$1,709
December 2025$1,738
January 2026$1,739
February 2026$1,721
March 2026$1,697
April 2026$1,690
May 2026$1,650
A table of studio rental data trends in Hollywood Studio District
MonthMedian Rent
May 2024$1,499
June 2024$1,532
July 2024$1,495
August 2024$1,641
September 2024$1,595
October 2024$1,591
November 2024$1,629
December 2024$1,674
January 2025$1,578
February 2025$1,487
March 2025$1,510
April 2025$1,527
May 2025$1,529
June 2025$1,577
July 2025$1,680
August 2025$1,609
September 2025$1,588
October 2025$1,574
November 2025$1,573
December 2025$1,671
January 2026$1,610
February 2026$1,594
March 2026$1,592
April 2026$1,537
May 2026$1,495

Affordability calculator

Can I afford to live at 5536 Lexington Ave?

Bedrooms

3 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$168,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $168,000 annually to afford this 3-bedrooms median monthly rent price of $4,200.
For more information on rent affordability, visit our rent calculator.

Schools near Premium Dion Apartments

Sophia T. Salvin Special Education Center

1925 budlong ave

los angeles, CA, 90007

K-10Public

Computer Science Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

Leadership & Public Service Virtual Academy

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public

STEAM Virtual Academy

333 s beaudry ave 11th fl

los angeles, CA, 90017

K-12Public

Virtual Academy of Business & Entrepreneurship

333 s beaudry ave 11th floor

los angeles, CA, 90017

K-12Public
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Internet available near Premium Dion Apartments

Getting around Los Angeles near 5536 Lexington Ave

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 5536 Lexington Ave, Los Angeles

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

7/10
Several bars within a few minutes’ walk

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