NOT LISTED FOR SALE

4619 Lexington Ave Unit 1 Los Angeles, CA 90029

East Hollywood Neighborhood
11 Beds
8 Baths
6,346 Sq Ft
8,083 Sq Ft Lot

Last Sold June 13, 2017

Last sale price $1,825,000 $288 Per Sq Ft

53 Days on Market

Highlights

  • Built-In Features
  • Carport
  • 2-minute walk to Madison Avenue Park
  • John Marshall Senior High Rated A

About This Home

As of June 2017

Excellent building in an extremely high rental demand area at the border of Hollywood & Silverlake below Los Feliz and north of Virgil Village. Rents are less than half of market rent. Huge upside potential. The 8 unit, two-story value add property consists of one 3-bedroom (approx 1,100 sq ft), one 2 bedroom (approx 900 sq ft) and six one bedroom units measuring approx. 650 square feet each. The walk up property features a full-length driveway providing access to eight parking spaces. One block from the Redline subway terminal. 7 blocks to Sunset Junction. Tons of cool trendy eateries and stores that are within walking distance. Laundry room provides $250/month income.

Last Agent to Sell the Property

Frank Barbano

Barbano Realty License #01380908 Listed on: 04/08/2017

Last Buyer's Agent

Frank Barbano

Barbano Realty License #01380908 Listed on: 04/08/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,083

Interior Spaces

  • 6,346 Sq Ft Home
  • Built-In Features
  • Oven or Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport
  • Assigned Parking

Additional Features

  • 8,083 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5542-019-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Complex Name: Maison De Chance
  • Living Area: 6346
  • Year Built: 1964
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 11
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Built-Ins, Range/Oven
  • Price Per S Q F T: 291.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 8
  • Parking Garage: Assigned, Carport Attached, Carport Detached
  • Total Parking: 8

Utilities

  • Electric Expense: 70.00
  • Heating: Wall
  • Water Expense: 588.00

Fee Information

  • Gas Expense: 202.00
  • Insurance Expense: 362.00
  • Maintenance Expense: 25.00
  • Trash Expense: 119.00

Lot Info

  • Assessed Improvement Value: 655347
  • Assessed Land Value: 353679
  • Assessor Parcel Number: 5542-019-024
  • Geocode Override: No
  • Lot Size Area: 8083

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 17.36
  • Number Of Units: 8
  • Total Annual Expense: 39594
  • Type Of Units: apartments
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 1875.00

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

Property History

Date Event Price Change Sq Ft Price
06/13/2017 06/13/17 Sold $1,825,000 -1.4% $288 / Sq Ft
04/08/2017 04/08/17 For Sale $1,850,000 -- $292 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Frank Barbano

    Seller's Agent in 2017

    Frank Barbano

    Barbano Realty

    (323) 394-2447

    2 in this area

    11 Total Sales

    Frank Barbano
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Map

Source: The MLS

MLS Number: 17-219266

The MLS
California Los Angeles County Los Angeles 90029 East Hollywood

4619 Lexington Ave Unit 1, Los Angeles, CA

This home is located at 4619 Lexington Ave Unit 1, Los Angeles, CA 90029 since 08 April 2017. This property was built in 1964. 4619 Lexington Ave Unit 1 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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