$1,800,000
- Beds
- 8
- sq ft
- 7,740
4886 Lexington Ave, Los Angeles, CA 90029
4886 Lexington Ave
Los Angeles, CA 90029
- 132 days on market
- Price drop $200,000↓
Charming 7,740 SF building situated on a 5,515 SF LARD1.5 zoned corner lot. The property is composed of eight (8) very spacious 1+1 units, each averaging over 950 square feet. The property was built in 1925, has charming features, high ceilings, arched doorways and each unit has a large den area. Each unit is separately metered for gas and electricity and has separate H20 heaters. One Unit will be delivered VACANT! Over 6% CAP Rate! Extremely well located in the heart of East Hollywood, near Fountain Ave. & Vermont Ave., just a few minutes from the 101 Freeway. It's within close proximity to everything Hollywood and Los Feliz have to offer; like Square One, The Good Good, Melody, Found Oyster, and many other restaurants & bars! Moreover, the property is just minutes away from the 101 freeway and has many nearby public transportation options. This location is deemed a "walker's paradise" with a walk score of 91 out of 100, given its close proximity to restaurants, grocery stores, and every day necessities. Kaiser Permanente Hospital, Children's Hospital and Los Angeles City College (LACC) are within one mile of the property as well as many Studios providing many employment opportunities in the local area. The property is located in the City of Los Angeles and is subject to Rent Control.
Details
Property type
Lot size
5,517 sq ft
Price per sq ft
$233
Year built
1925
HOA
No
Price History
12/04/2024
CLAW #24427301
Price change
$1,800,000
-10%
08/14/2024
CLAW #24427301
Listed
$2,000,000
Schools & Community
Neighborhood:
Hollywood
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/24/2024 at 4:30 AM
Listing updated: 12/04/2024 at 11:35 AM
Listed by: Nicole Apostolos, Equity Union Phone #: (818) 989-2000
MLS: CLAW #24427301
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