4635 Lexington Avenue, Los Angeles, CA 90029
4635 Lexington Avenue, Los Angeles, CA 90029
4635 Lexington Avenue, Los Angeles, CA 90029
4635 Lexington Avenue, Los Angeles, CA 90029
4635 Lexington Avenue, Los Angeles, CA 90029
4635 Lexington Avenue, Los Angeles, CA 90029
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Cyrus General

Cyrus General

+1(619) 990-7805
$ 2,795,000
Est. payment | /mo

3 Beds

10 Baths

7,963 Sqft Lot

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$ 2,795,000
Est. payment | /mo
Save Virtual Tour

3 Beds

10 Baths

7,963 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26176851

Bedrooms 3

Lot Size 7,963 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 constructi

Location

State CA

County Los Angeles

Zoning Public Rec

Direction North vermont and east on lexington ave

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5542019027

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

Virtual Tour https://storage.googleapis.com/bauhaus-public-docs/260728_LexingtonListingPage_BG.html

MLS Router / San Diego MLS
Listed by Eric Cuevas, DRE#01916371 Bauhaus Group 

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Cyrus General

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+1(619) 990-7805

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4635 Lexington Avenue