4635 Lexington Avenue, Los Angeles, CA, 90029

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$2,595,000
36 Days On Site

4635 Lexington Avenue
Los Angeles, CA 90029

For Sale|Apartment|Active
0
Beds
0
Total Baths
5,458
SqFt
$475
/SqFt
2018
Built
County:
Los Angeles
Listed by Eric Cuevas of Bauhaus Group team@bauhaus.la
4635 Lexington Avenue4635 Lexington Avenue4635 Lexington Avenue4635 Lexington Avenue
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Monthly Payment (Est.)

$11,839
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PRICE JUST DROPPED TO SELL!! ONE OF A KIND — OFFERED FOR SALE FOR THE FIRST TIME SINCE ITS 2018 CONSTRUCTION. Five individual homes across three detached buildings on a single 7,961 square foot East Hollywood lot — a modern five-home compound of a kind this neighborhood has not seen built in decades. THE HOMES: Two two-story duplex buildings hold four oversized one-bedroom, two-bath residences of 1,010 to 1,073 square feet — nearly double the footprint of the typical East Hollywood one-bedroom — each a townhome-style layout with a bath on each level, its own garage, central heat and air, in-unit washer and dryer, and dishwasher. A fully detached 1,291 square foot two-bedroom, two-bath house with two assigned parking spaces completes the compound. Every home lives like a house: three separate buildings, no shared lobbies, no long corridors. WHY IT IS RARE: Built ground-up in 2018, the property sits entirely outside the LA Rent Stabilization Ordinance — ZIMAS confirms no RSO by APN — and the AB 1482 new-construction exemption keeps it outside statewide caps until roughly 2033. Nearly every competing five-unit nearby dates from 1912 to 1961. No soft-story retrofit, no galvanized plumbing, no knob-and-tube: the capital-expenditure profile of a new building carrying the income of five homes. THE OPPORTUNITY: A turn-key income property for an exchange buyer on a deadline or a long-horizon private investor — and a possible path for an owner to occupy one home while the other four produce income, subject to existing tenancies. At five doors, it is also an approachable first income property. One owner since construction, professionally managed from day one, with complete work order and collections records that demonstrate diligence to the buyer. THE LOCATION: Virgil Village adjacent, between Silver Lake and the Hollywood studio corridor — a short walk to the Metro B Line at Vermont and Santa Monica, minutes to Sunset Junction and Los Feliz. NEXT STEP: Offering Memorandum, measured floor plans, and lease files available upon request.

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Listing Snapshot
Price 
$2,595,000
Days On Site 
36 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,458 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1828 Acres
Year Built 
2018
MLS® Number 
SB26176851
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $2,595,000
a week agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.1828
Foundation 
Slab
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
6
Property Sub Type 
Apartment
Security 
Closed Circuit Camera(s)Security GateSmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5458
Style 
Modern
Utilities 
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherGas OvenGas RangeGas Water HeaterRefrigeratorTankless Water HeaterVented Exhaust FanDryerWasher
Cooling 
Central Air
Fireplace Features 
None
Flooring 
Laminate
Heating 
Central
Interior 
Open FloorplanRecessed LightingWalk-In Closet(s)
Window Features 
Double Pane Windows
Bedroom 
Laundry 
Living Room 
Other 
Features - Walk-In Closet(s)
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Exterior Features
Construction Details 
BlockCement SidingFrameGlassConcreteStucco
Exterior 
Balcony
Fencing 
BlockWood
Pool Features 
None
Road Frontage 
City Street
Roof 
Flat
Spa Features 
None
View 
Hills
Waterview 
Hills
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
CurbsParkStreet LightsSidewalks
MLS Area 
637 - Los Feliz
Financing Terms Available 
CashSubmit1031 Exchange
Building Access 
Ground Floor
Roads 
Paved


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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