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$1,495,000

Beds
10
sq ft
4,264

4202 Lexington Ave, Los Angeles, CA 90029

4202 Lexington Ave

Los Angeles, CA 90029

  • 51 days on market
    • Price drop $105,000↓
Positioned North of Santa Monica Boulevard, right on the corner of Lexington Avenue and Myra Avenue, east of Hollywood Boulevard, 4202 Lexington Avenue is located in one of LA's "hippest" neighborhoods and offers an investor the opportunity to own a prime piece of real estate in one of Los Angeles trendiest areas. The property is in close proximity to the Silver Lake Reservoir, an iconic landmark in the neighborhood, known for it running path, dog park, and meadow. The property consists of two buildings, two stories each, with 6 two-bedroom one-bath units. 4202 Lexington Avenue was constructed in 1924 on a 4,200 SF, R1-1 zoned lot, with a total building size of4,264 SF. There is ample street parking to accommodate all residents.4202 Lexington Avenue is strategically positioned near local amenities such as Exer Urgent Care (0.1 mi), The Vermont/Santa Monica Metro B-Line Inglewood Station (0.6 mi), Silver Lake Reservoir (1.6 mi), Hollywood Presbyterian Medical Center (0.6 mi), and the Bellevue Recreation Center (0.8 mi). Silver Lake also has a plethora of destinations for local and visitors such as Dinosaur Coffee(0.3 mi), 33 Taps Silver Lake (0.4 mi), Bacari Silverlake (0.4 mi), Pine and Crane Silverlake (0.5 mi), The Paramour Estate (0.9 mi), and Silverlake Ramen (1.0 mi).Given the property's outstanding real estate fundamentals which includes a prime location, sought-after neighborhood, and proximity to local amenities,4202 Lexington Ave is a solid investment for an investor seeking growth, stability, and a hedge against inflation.

Details

Property type

Est. home value

$1,745,981

Lot size

4,200 sq ft

Price per sq ft

$351

Year built

1924

HOA

No

Price History

03/21/2025
CLAW

CLAW #25496415

Price change
$1,495,000
-6.56%
02/10/2025
CLAW

CLAW #25496415

Listed
$1,600,000
-10.36%
06/22/2022
CRMLS

CRMLS #WS22055789

Sold
$1,785,000

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Community Valley Bank

Loan start date

May 2022

Original loan amount

$1,249,500

Est. remaining balance

Not provided

Interest rate

4.16%

Loan type

Commercial

Seller

Loker Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 8:05 PM

Listing updated: 03/21/2025 at 9:14 AM

Listed by: Jenny Eng, CBRE Phone #: (213) 613-3176

MLS: CLAW #25496415

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