NOT LISTED FOR SALE

4245 Lexington Ave Los Angeles, CA 90029

Estimated Value: $1,215,000 - $1,581,000

2 Beds
2 Baths
1,518 Sq Ft
$922/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $1,180,000 $777 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,450/month

10 Days on Market

Highlights

  • Wood Flooring
  • Tandem Parking
  • Gated Home
  • John Marshall Senior High Rated A
  • Central Heating and Cooling System

About This Home

As of June 2021

Stunning, private duplex located in the heart of Silver Lake on a picturesque, quiet street just seconds from Sunset Junction. Each unit is 1 bed-1 bath and are separately metered for gas and electricity. Both units have hardwood floors throughout and have been recently, completely remodeled top to bottom. New electrical, new plumbing, new HVAC and much more. Both kitchens have designer finishes, stainless steel appliances and full pantry. The spacious bedrooms have a walk-in closet and offer tons of natural light. Other features include double pane windows, stackable washer/dryer and walk-in closet. The large backyard is full of fruit trees and lush landscaping. Off-street parking and storage for both units. Total combined rent of approximately $5500/mo. Perfect for personal residency or an income opportunity. This fantastic opportunity will not last!

Last Agent to Sell the Property

Andrew Dinsky

Equity Union License #01724985 Listed on: 04/12/2021

Equity Union

Last Buyer's Agent

Nima Rasakhoo

Coldwell Banker Realty License #01935311

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,341

Year Built

  • Built in 1925

Lot Details

  • 4,972 Sq Ft Lot
  • Gated Home

Home Design

  • 1,518 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 5429-004-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,341

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1518
  • Lot Acreage: 0.1141
  • Year Built: 1925
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Washer, Dryer, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 787.22

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 24.05
  • Assessed Improvement Value: 197676
  • Assessed Land Percent: 75.95
  • Assessed Land Value: 624240
  • Total Assessed Value: 821916
  • Assessor Parcel Number: 5429-004-030
  • Lot Size Area: 4972

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.00
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 1 Bedroom
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 26, 2021
Sold by
Greenawalt Jeff
Bought by
Majlessi Seyed Abdolvahab and Azar Neda
Seller's Agent
Andrew Dinsky
Equity Union
Buyer's Agent
Nima Rasakhoo
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,180,000
Premium/Discount to List
-$15,000
-1.26%
Current Estimated Value
$1,316,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,172
Avg. Annual Appreciation
4.14%
Original Mortgage
$793,000
Outstanding Balance
$717,963
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$681,850

Purchase Details

Listed on
Sep 8, 2017
Closed on
Dec 5, 2017
Sold by
Tejeda Rita A
Bought by
Greenawalt Jeff
Seller's Agent
Valerie Albano
MERIDIAN CAPITAL REAL ESTATE
Buyer's Agent
Elvia Vasquez
Keller Williams Realty Los Feliz
List Price
$888,000
Sold Price
$789,888
Premium/Discount to List
-$98,112
-11.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$439,888
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Majlessi Seyed Abdolvahab $1,180,000 Lawyers Title
Greenawalt Jeff $790,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Majlessi Seyed Abdolvahab $793,000
Previous Owner Greenawalt Jeff $439,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $1,180,000 -1.3% $777 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $1,195,000 +51.3% $787 / Sq Ft
12/14/2017 12/14/17 Sold $789,888 +4.2% $520 / Sq Ft
10/22/2017 10/22/17 Price Changed $758,000 -14.6% $499 / Sq Ft
09/08/2017 09/08/17 For Sale $888,000 -- $585 / Sq Ft
Source: The MLS

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 $15,341 $1,277,266 $1,021,814 $255,452
2024 $15,341 $1,252,223 $1,001,779 $250,444
2023 $15,043 $1,227,671 $982,137 $245,534
2022 $14,341 $1,203,600 $962,880 $240,720
2021 $9,978 $830,430 $630,707 $199,723
2020 $10,078 $821,916 $624,240 $197,676
2019 $9,678 $805,800 $612,000 $193,800
2018 $9,591 $790,000 $600,000 $190,000
2017 $1,996 $155,736 $104,996 $50,740
2016 $1,935 $152,684 $102,938 $49,746
2015 $1,908 $150,391 $101,392 $48,999
2014 $1,926 $147,446 $99,406 $48,040
Source: Public Records

Agents Affiliated with this Home

  • Andrew Dinsky

    Seller's Agent in 2021

    Andrew Dinsky

    Equity Union

    (310) 729-3393

    1 in this area

    268 Total Sales

    Section Image
  • Nima Rasakhoo

    Buyer's Agent in 2021

    Nima Rasakhoo

    Coldwell Banker Realty

    (310) 739-4215

    1 in this area

    8 Total Sales

    Section Image

  • V

    Seller's Agent in 2017

    Valerie Albano

    MERIDIAN CAPITAL REAL ESTATE

    (626) 945-5500

    1 in this area

    10 Total Sales

    Section Image
  • Elvia Vasquez

    Buyer's Agent in 2017

    Elvia Vasquez

    Keller Williams Realty Los Feliz

    (310) 701-8319

    2 in this area

    34 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-717782

The MLS

APN: 5429-004-030

California Los Angeles County Los Angeles 90029

4245 Lexington Ave, Los Angeles, CA

This home is located at 4245 Lexington Ave, Los Angeles, CA 90029 since 12 April 2021 and is currently estimated at $1,399,813, approximately $922 per square foot. This property was built in 1925. 4245 Lexington Ave is a home located in Los Angeles County with nearby schools including Lockwood Avenue Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes