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4202 Lexington Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Advantageous Location
- Spacious 2 Bedroom Units
- Excellent Unit Mix
Executive Summary
Positioned North of Santa Monica Boulevard, right on the corner of Lexington Avenue and Myra Avenue, east of Hollywood Boulevard, 4202 Lexington Avnue offers an investor the opportunity to own a prime piece of real estate in one of Los Angeles trendiest areas. The property is in close proximity to the Silver Lake Resevoir, an iconic landmark in the neighborhood, known for it running path, dog park, and meadow. The property consists of two buildings, two- stories each, with 6 two-bedroom one-bath units. 4202 Lexington Avenue was constructed in 1924 on a ±4,200 SF, R1-1 zoned lot, with a total building size of ±4,264 SF. There is ample street parking to accommodate all residents.
Property Facts
| Price Per Unit | $319,384 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 4.65% | Building Size | 4,264 SF |
| Gross Rent Multiplier | 12.09 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR1 - One-Family Residential | ||
| Price Per Unit | $319,384 CAD |
| Sale Type | Investment |
| Cap Rate | 4.65% |
| Gross Rent Multiplier | 12.09 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,264 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 1/1,000 SF |
| Zoning | LAR1 - One-Family Residential |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 700 |
Property Taxes
| Parcel Number | 5429-003-014 | Improvements Assessment | $705,211 CAD |
| Land Assessment | $1,890,259 CAD | Total Assessment | $2,595,470 CAD |
Property Taxes
Parcel Number
5429-003-014
Land Assessment
$1,890,259 CAD
Improvements Assessment
$705,211 CAD
Total Assessment
$2,595,470 CAD
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