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4245 Lexington Ave, Los Angeles, CA 90029
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4245 Lexington Ave Los Angeles, CA 90029

$1,180,000 Sold Price as of 06/02/2021
  • 2 Beds
  • 2 Baths
  • 1,518 Sq.Ft.
Sold
$1,180,000 Sold Price as of 06/02/2021 Refinance Your Mortgage
Map preview of 4245 Lexington Ave, Los Angeles, CA 90029

Property Overview: 4245 Lexington Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,518 living square feet and 4,972 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Stunning, private duplex located in the heart of Silver Lake on a picturesque, quiet street just seconds from Sunset Junction. Each unit is 1 bed-1 bath and are separately metered for gas and electricity. Both units have hardwood floors throughout and have been recently, completely remodeled top to bottom. New electrical, new plumbing, new HVAC and much more. Both kitchens have designer finishes, stainless steel appliances and full pantry. The spacious bedrooms have a walk-in closet and offer tons of natural light. Other features include double pane windows, stackable washer/dryer and walk-in closet. The large backyard is full of fruit trees and lush landscaping. Off-street parking and storage for both units. Total combined rent of approximately $5500/mo. Perfect for personal residency or an income opportunity. This fantastic opportunity will not last!

Listed by Andrew Dinsky | BRE #01724985 | Keller Williams Realty Encino-Sherman Oa
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
4,972
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21717782
City
Los Angeles
County
Los Angeles
Time on Site
1143 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,925
  • Total Rent: $2,925
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $65,100
  • Gross Operating Income: $65,100
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4245 Lexington Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Tandem Garage
Property Information
  • Total # of Units: 2
  • Parcel Number: 5429004030
  • Architectural Style: See Remarks
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd, East of Hoover St, South of Fountain
View more facts & features

Local Los Angeles Agent

Sale History for 4245 Lexington Ave

Last sold for $1,180,000 on June 2nd, 2021

  • June, 2021

  • Jun 2, 2021

    Date

    Sold

    CRMLS: 21717782

    $1,180,000

    Price

  • May 25, 2021

    Date

    Pending

    CRMLS: 21717782

    $1,195,000

    Price

  • Apr 22, 2021

    Date

    Active Under Contract

    CRMLS: 21717782

    $1,195,000

    Price

  • Apr 12, 2021

    Date

    Active

    CRMLS: 21717782

    $1,195,000

    Price

  • December, 2017

  • Dec 14, 2017

    Date

    Sold

    CRMLS: CV17205816

    $789,888

    Price

  • Oct 30, 2017

    Date

    Active Under Contract

    CRMLS: CV17205816

    $758,000

    Price

  • Oct 22, 2017

    Date

    Price Change

    CRMLS: CV17205816

    $758,000

    Price

  • Sep 9, 2017

    Date

    Active

    CRMLS: CV17205816

    $888,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own this charming DUPLEX in the heart of Silver Lake close to Sunset Junction. Perfect for personal residency or income opportunity. Each unit is 1 bed-1 bath and are separately metered for gas and electricity. Both units have hardwood floors throughout, with vinyl in kitchen in unit 4245 and ceramic tiles in both bathrooms. Washer and dryer hookups for each unit. 2 car garage where 1 side was converted into a storage area and additional 4 spaces on the driveway. Lots of potential with separate entrances, front gardens, front and back doors, and shared backyard. Lots of fruit trees like persimmons, lemons, tangerines, calamanse, and 2 kinds of guavas. Close to Kaiser Hospital, Farmer's Market, fine restaurants, and retail shops. Property sold As-Is with no repairs, termite or relocation expenses. PLEASE DO NOT DISTURB TENANTS.

  • December, 2017

  • Dec 14, 2017

    Date

    Sold (Public Records)

    Public Records

    $790,000

    Price

Show More

Tax History for 4245 Lexington Ave

Assessed Value (2020): $821,916
Year Land Value Improved Value Assessed Value
2020 $624,240 $197,676 $821,916

Home Value Compared to the Market

This property vs the competition

4245 Lexington Ave sold on June 2, 2021 for 5.75% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $787.22 per/sqft which puts the price per square foot 4.41% higher than the current median sale per square foot for the city of Los Angeles.

About 4245 Lexington Ave

Detailed summary of property

4245 Lexington Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,518 living square feet, and sits on an approximately 4,972 square foot lot. 4245 Lexington Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,180,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 5.75% higher than the current median priced home. Local homes that are currently for sale include 5228 De Longpre Ave, 741 N Harvard Blvd and 4500 Gilbert Pl. While the average home in Los Angeles, CA is selling in 99 days, 4245 Lexington Ave has a days on market of 10 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 4245 Lexington Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4245 Lexington Ave

Public county record property details
Beds
2
Baths
2
Year built
1925
Sq. Ft.
1,518
Lot Size
4,972
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
83
APN
5429-004-030

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,022,990
Median List Price/Sq.Ft.
$740
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$759
Total Inventory
31
Median Sale to List Price %
98.15%
Avg Days on Market
47
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (14.29%), Other (14.29%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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