NOT LISTED FOR SALE

4261 Lexington Ave Los Angeles, CA 90029

Estimated Value: $1,237,000 - $1,450,681

4 Beds
2 Baths
2,088 Sq Ft
$640/Sq Ft Est. Value

Last Sold June 07, 2018

Last sale price $960,000 $460 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,358/month

15 Days on Market

Highlights

  • Gated Parking
  • Central Heating and Cooling System
  • Ceiling Fan
  • John Marshall Senior High Rated A

About This Home

As of June 2018

Great Income Property in a Prime Location In The Silverlake Area. Both Units Are Vacant. This Property Is Zoned R2. Upper Unit Has a Large Balcony with beautiful Views. Hardwood floors in both units. Good closet space. Large bathrooms. Upstairs has central AC/Heat. Lower unit has no AC/Heat. Lite fixer with tons of possibilities. Eating area in kitchen. Each unit has own laundry room. Low maintenance. Property is sold as is.Easy to Show. Bring Your Clients.

Last Agent to Sell the Property

Roni Heller

Coldwell Banker Realty License #01183439 Listed on: 04/24/2018

Coldwell Banker Realty

Co-Listed By

Jan Block

Coldwell Banker Realty License #00529610

Last Buyer's Agent

Iacopo Wachter

First American Team, Inc. License #01487692

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,154

Year Built

  • Built in 1928

Lot Details

  • 2,643

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas And Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Private Parking
  • Driveway
  • Gated Parking

Additional Features

  • 2,643 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5429-004-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,154

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2088
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 406.61

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Gated, Private
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 87997
  • Assessed Land Value: 45898
  • Assessor Parcel Number: 5429-004-010
  • Geocode Override: No
  • Lot Size Area: 2643

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: rental
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 25, 2018
Sold by
Gadeian Sisanna
Bought by
Kramer Tyler and Kramer Sydney
Seller's Agent
Roni Heller
Coldwell Banker Realty
Buyer's Agent
Iacopo Wachter
First American Team, Inc.
List Price
$849,000
Sold Price
$960,000
Premium/Discount to List
$111,000
13.07%
Current Estimated Value
$1,335,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,420
Avg. Annual Appreciation
4.49%
Original Mortgage
$768,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2015
Sold by
Gedjeian Susanna
Bought by
The Triple S Legay Trust

Purchase Details

Closed on
May 10, 2013
Sold by
Gedjeian Susanna
Bought by
Gedjeian Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2007
Sold by
Gedjeian Susanna and Karapetyan Rozanna
Bought by
Gedjeian Susanna and The Lexington Property Trust

Purchase Details

Closed on
Dec 10, 1993
Sold by
Gedjeian Rozanna and Minassian Susanna Gedjeian
Bought by
Gedjeian Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kramer Tyler $960,000 Equity Title Los Angeles
The Triple S Legay Trust -- None Available
Gedjeian Susanna -- First American Title Company
Gedjeian Susanna -- None Available
Gedjeian Susanna -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Tyler $850,000
Closed Kramer Tyler $768,000
Previous Owner Gedjeian Susanna $50,000
Previous Owner Gedjeian Susanna $300,000
Previous Owner Gedjeian Susanna $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2018 06/07/18 Sold $960,000 +13.1% $460 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $849,000 -- $407 / 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 $13,154 $1,092,311 $796,478 $295,833
2024 $13,154 $1,070,894 $780,861 $290,033
2023 $12,899 $1,049,897 $765,550 $284,347
2022 $12,297 $1,029,312 $750,540 $278,772
2021 $12,144 $1,009,130 $735,824 $273,306
2019 $11,779 $979,200 $714,000 $265,200
2018 $1,772 $136,571 $46,815 $89,756
2016 $1,668 $131,271 $44,999 $86,272
2015 $1,645 $129,301 $44,324 $84,977
2014 -- $126,769 $43,456 $83,313
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Roni Heller

    Coldwell Banker Realty

    (310) 729-7492

    4 Total Sales

    Roni Heller
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jan Block

    Coldwell Banker Realty

    (310) 273-3113

    3 Total Sales

    Jan Block
    Section Image

  • I

    Buyer's Agent in 2018

    Iacopo Wachter

    First American Team, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 18-336412

The MLS

APN: 5429-004-010

California Los Angeles County Los Angeles 90029

4261 Lexington Ave, Los Angeles, CA

This home is located at 4261 Lexington Ave, Los Angeles, CA 90029 since 24 April 2018 and is currently estimated at $1,335,420, approximately $639 per square foot. This property was built in 1928. 4261 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.

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