NOT LISTED FOR SALE

Estimated Value: $1,148,000 - $4,742,000

16 Beds
16 Baths
7,060 Sq Ft
$472/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $4,100,000 $581 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $22,435/month

21 Days on Market

About This Home

As of June 2022

Brand new, 2022 construction property. 6417 Lexington Ave is a 4-unit townhouse complex that consists of two 3-story duplexes located in the heart of Hollywood. Perfect for all investors!

Last Agent to Sell the Property

Isaac Davidi

On Track Property License #01819489 Listed on: 04/18/2022

Last Buyer's Agent

Cecilia Lee

Re/Max Premier Realty License #01977480

Re/Max Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $51,386

Year Built

  • Built in 2022

Lot Details

  • 6,925 Sq Ft Lot
  • Lot Dimensions are 50x138

Interior Spaces

  • 7,060 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Carport

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5533-004-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$51,386

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7060
  • Lot Acreage: 0.1590
  • Lot Dimensions: 50x138
  • Stories: 3
  • Year Built: 2022
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Equipment: Dishwasher, Dryer, Microwave, Washer, Range/Oven, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 580.74

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 222279
  • Assessed Land Percent: 80
  • Assessed Land Value: 889116
  • Total Assessed Value: 1111395
  • Assessor Parcel Number: 5533-004-014
  • Lot Size Area: 6925

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.50
  • Number Of Units: 4
  • Total Annual Expense: 53567
  • Type Of Units: Townhouses
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Lexington Expert Llc
Bought by
Wu Patrick S
Current Estimated Value
$3,331,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2019
Closed on
Oct 30, 2019
Sold by
The Spiritualist Center
Bought by
Lexington Expert Llc
Seller's Agent
Robert Daly
Corcoran Global Living
Buyer's Agent
Robert Daly
Corcoran Global Living
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.97%
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
Wu Patrick S $4,100,000 Provident Title
Lexington Expert Llc $1,100,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Patrick S $2,000,000
Previous Owner Lexington Expert Llc $1,615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $4,100,000 0.0% $581 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $4,100,000 +272.7% $581 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
12/06/2019 12/06/19 Sold $1,100,000 0.0% $886 / Sq Ft
10/24/2019 10/24/19 For Sale $1,100,000 -- $886 / 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 $51,386 $4,350,951 $3,045,666 $1,305,285
2024 $51,386 $4,265,640 $2,985,948 $1,279,692
2023 $50,374 $4,182,000 $2,927,400 $1,254,600
2022 $13,512 $1,133,622 $906,898 $226,724
2021 $13,348 $1,111,395 $889,116 $222,279
2019 $263 $239,796 $227,319 $12,477
2018 $267 $235,095 $222,862 $12,233
2016 $265 $225,968 $214,209 $11,759
2015 $264 $222,575 $210,992 $11,583
2014 $278 $218,216 $206,859 $11,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-147611

The MLS

APN: 5533-004-014