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5536 Lexington Ave, Los Angeles, CA 90038
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5536 Lexington Ave Los Angeles, CA 90038

$1,650,000 Sold Price as of 08/15/2019
  • 9 Beds
  • 4 Baths
  • 4,864 Sq.Ft.
Sold
$1,650,000 Sold Price as of 08/15/2019 Refinance Your Mortgage
Map preview of 5536 Lexington Ave, Los Angeles, CA 90038

Property Overview: 5536 Lexington Ave Los Angeles, CA has 9 bedrooms, 4 bathrooms, 4,864 living square feet and 7,498 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold before processing.

Listed by Jeff Brandolino | BRE #01259914 | Compass
Last checked: 1 minute ago | Last updated: March 24th, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
7,498
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Fourplex
Status
Sold
MLS#
SR19194356
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,645
  • Total Rent: $2,645
  • Pro Forma/Market Rent: $2,645
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $88,193
  • Net Operating Income: $68,585
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,608
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,463
  • Trash: $330
  • Insurance: $2,647
  • Water/Sewer: $305

Property Details for 5536 Lexington Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5536008010
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Western Ave left on Lexington Ave, corner or Lexington Ave and N St Andrews Place
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 5536 Lexington Ave

Last sold for $1,650,000 on August 15th, 2019

  • August, 2019

  • Aug 16, 2019

    Date

    Sold

    CRMLS: SR19194356

    $1,650,000

    Price

  • Aug 14, 2019

    Date

    Pending

    CRMLS: SR19194356

    $1,650,000

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: SR19194356

    $1,650,000

    Price

  • June, 2019

  • Jun 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,650,000

    Price

  • September, 2009

  • Sep 11, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2008

  • Nov 6, 2008

    Date

    Expired

    CRMLS: 12109876

    $1,255,000

    Price

  • May 9, 2008

    Date

    Active

    CRMLS: 12109876

    $1,255,000

    Price

  • Listing provided courtesy of CRMLS

    R4 Zoned 4 units all 2 Bedroom 1 Bath approximately 1200 square feet of living space each unit, perfect for an owner user or developer. Zoning may allow possible commercial multi unit project. Property is in the Hollywood redevelopment area. Buyer to verify with zoning department regarding current ordinance and build ability.

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Tax History for 5536 Lexington Ave

Assessed Value (2020): $1,683,000
Year Land Value Improved Value Assessed Value
2020 $1,122,000 $561,000 $1,683,000

Home Value Compared to the Market

This property vs the competition

5536 Lexington Ave sold on August 15, 2019 for 47.32% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $339.23 per/sqft which puts the price per square foot 53.15% lower than the current median sale per square foot for the city of Los Angeles.

About 5536 Lexington Ave

Detailed summary of property

5536 Lexington Ave is a fourplex that recently sold in Los Angeles, CA 90038. This fourplex offered 9 bedrooms, 4 bathrooms, roughly 4,864 living square feet, and sits on an approximately 7,498 square foot lot. 5536 Lexington Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,650,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.32% higher than the current median priced home. Local homes that are currently for sale include 605 N Hobart Blvd, 5159 Clinton St. and 1417 N Kenmore Ave. While the average home in Los Angeles, CA is selling in 106 days, 5536 Lexington Ave has a days on market of 1 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5536 Lexington Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5536 Lexington Ave

Public county record property details
Beds
8
Baths
4
Year built
1922
Sq. Ft.
4,864
Lot Size
7,497
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5536-008-010

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$666
Median Sold Price
$1,089,000
Median Sold Price/Sq.Ft.
$642
Total Inventory
47
Median Sale to List Price %
90.83%
Avg Days on Market
48
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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Recently Sold Homes Near 5536 Lexington Ave

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5616 Lexington Ave, Los Angeles, CA 90038
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5616 Lexington Ave
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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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