NOT LISTED FOR SALE

4226 Lexington Ave Los Angeles, CA 90029

Estimated Value: $1,105,000 - $1,470,254

1 Bed
1 Bath
1,800 Sq Ft
$724/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $1,175,000 $653 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,098/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • John Marshall Senior High Rated A

About This Home

As of June 2022

***PLEASE DO NOT GO DIRECT***SHOWN BY APPOINTMENT ONLY*** Rare and incredible opportunity for owner/users or investors to own this charming Silver Lake adjacent/Sunset Junction duplex! Both units will be delivered vacant at close of escrow! Live in one or rent out both and fetch fantastic monthly income at today's MARKET rent! With some imagination and a little elbow grease, you can bring these charming units back to life!  Each unit is appx 900 sf (per tax records) both with extra large rooms, projecting front porches, Speakeasy front porches/doors, built-in cabinets/shelving, period style faux fireplaces, hardwood floors (underneath the carpeting), each with their own laundry rooms, separate water heaters, and cozy breakfast nooks. Huge 2 car garage with attic access offering plenty of extra storage space! Separately metered for gas and electricity. Some electrical and plumbing work have been replaced and/or updated in recent years. Centrally located to all the quaint shops, boutiques, and fabulous eateries in the trendy, hippest, happening Silver Lake! Easy access to transportation and major freeways, and minutes away from Farmer's Market, Griffith Park, Los Feliz, LA Zoo, The Americana at Brand, Glendale Galleria, Eagle Rock, all which offer additional fantastic eateries and plenty of shopping choices! PLEASE do not go direct or trespass onto the property...shown by appointment only, so please respect the owner's request. Buyers are responsible for independently verifying the accuracy of all information and conditions regarding the Property. Property is being sold in AS-IS condition. One of the owners passed away peacefully in unit 4228 in April, 2022. Thank you for your cooperation.

Last Agent to Sell the Property

Susan Broussalian

Oakmont Real Estate Svcs Inc. License #01017772 Listed on: 05/20/2022

Last Buyer's Agent

Audris Lam

Chase Skye Realty Group License #02134049

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,928

Year Built

  • Built in 1922

Lot Details

  • 5,250 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,800 Sq Ft Home
  • Decorative Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 93
  • Tax Tract Number 4763
  • Assessor Parcel Number 5429003009
  • $327 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,928

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 497500
  • Property Attached: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5429003009
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 652.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5250.00
  • Lot Size Acres: 0.1205

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 5250.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1913.01
  • Tax Lot: 93
  • Tax Tract Number: 4763
  • TaxOtherAnnualAssessmentAmount: 327.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 3, 2022
Sold by
Alvydas Aloysus Paskauskas Trust
Bought by
Danino Golan
Seller's Agent
Susan Broussalian
Oakmont Real Estate Svcs Inc.
Buyer's Agent
Audris Lam
Chase Skye Realty Group
List Price
$995,000
Sold Price
$1,175,000
Premium/Discount to List
$180,000
18.09%
Current Estimated Value
$1,251,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,950
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Jul 7, 2021
Sold by
Paskauskas Alvydas A
Bought by
Paskauskas Alvydas Aloysus

Purchase Details

Closed on
Nov 9, 1996
Sold by
Paskauskas Stanley
Bought by
Paskauskas Alvydas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.91%

Purchase Details

Closed on
Nov 8, 1996
Sold by
Paskauskas Family Trust and Alvydas A
Bought by
Paskauskas Alvydas A and Paskauskas Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Danino Golan $1,175,000 Chicago Title
Paskauskas Alvydas Aloysus -- None Available
Paskauskas Alvydas A $75,000 Equity Title
Paskauskas Alvydas A -- Equity Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danino Golan $400,000
Previous Owner Paskauskas Alvydas A $35,000
Previous Owner Paskauskas Alvydas A $79,550
Previous Owner Paskauskas Alvydas A $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $1,175,000 +18.1% $653 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $995,000 -- $553 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,928 $1,246,919 $955,087 $291,832
2024 $14,928 $1,222,470 $936,360 $286,110
2023 $14,637 $1,198,500 $918,000 $280,500
2022 $2,271 $172,694 $109,599 $63,095
2021 $2,234 $169,308 $107,450 $61,858
2020 $2,250 $167,573 $106,349 $61,224
2019 $2,170 $164,288 $104,264 $60,024
2018 $2,086 $161,068 $102,220 $58,848
2016 $1,974 $154,815 $98,251 $56,564
2015 $1,947 $152,491 $96,776 $55,715
2014 $1,965 $149,505 $94,881 $54,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22103484

California Regional Multiple Listing Service (CRMLS)

APN: 5429-003-009