4619 LEXINGTON Avenue, Los Angeles, CA 90029

About this property

Excellent building in an extremely high rental demand area at the border of Hollywood & Silverlake below Los Feliz and north of Virgil Village. Rents are less than half of market rent. Huge upside potential. The 8 unit, two-story value add property consists of one 3-bedroom (approx 1,100 sq ft), one 2 bedroom (approx 900 sq ft) and six one bedroom units measuring approx. 650 square feet each. The walk up property features a full-length driveway providing access to eight parking spaces. One block from the Redline subway terminal. 7 blocks to Sunset Junction. Tons of cool trendy eateries and stores that are within walking distance. Laundry room provides $250/month income.

Listing description from the June 2017 sale, as reported to CRMLS.

Sale history

$1,825,000

Sold June 2017 · listed $1,850,000, on market April 2017 · MLS #17219266 · Source: CRMLS

Listing Agent: Frank Paul Barbano · Listing Office: Barbano Realty · Contact: 323-394-2447 · Bought with: Frank Paul Barbano · Barbano Realty

$1,535,000

Sold April 2016 · listed $1,725,000, orig. $1,849,000, on market March 2016 · MLS #16104372 · Source: CRMLS

Listing Agent: Hooman Ghaffari · Listing Office: Iconic Investments · Contact: 747-444-3300 · Bought with: Frank Paul Barbano · Barbano Realty

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