Positioned North of Santa Monica Boulevard, right on the corner of Lexington Avenue and Myra Avenue, east of Hollywood Boulevard, 4202 Lexington Avenue is located in one of LA's hippest neighborhoods and offers an investor the opportunity to own a prime piece of real estate in one of Los Angeles… Read More trendiest areas. The property is in close proximity to the Silver Lake Reservoir, 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 of4,264 SF. There is ample street parking to accommodate all residents.4202 Lexington Avenue is strategically positioned near local amenities such as Exer Urgent Care (0.1 mi), The Vermont/Santa Monica Metro B-Line Inglewood Station (0.6 mi), Silver Lake Reservoir (1.6 mi), Hollywood Presbyterian Medical Center (0.6 mi), and the Bellevue Recreation Center (0.8 mi). Silver Lake also has a plethora of destinations for local and visitors such as Dinosaur Coffee(0.3 mi), 33 Taps Silver Lake (0.4 mi), Bacari Silverlake (0.4 mi), Pine and Crane Silverlake (0.5 mi), The Paramour Estate (0.9 mi), and Silverlake Ramen (1.0 mi).Given the property's outstanding real estate fundamentals which includes a prime location, sought-after neighborhood, and proximity to local amenities,4202 Lexington Ave is a solid investment for an investor seeking growth, stability, and a hedge against inflation. Read Less
Property listed by CBRE, Jenny Eng 213-613-3176
Listing Snapshot
Days Online
85
Last Updated
Property Type
Other
Beds
10
Square Ft.
4,264
Lot Size
0.1 Acres
Year Built
1924
MLS Number
25496415
30 Days Snapshot Of 90029
$782k
-35%
(avg) sold price
4
+33%
homes sold
98
+78%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Range
Building
Built in 1924, Building area total: 4,264, Levels: Two, Living area: 4264, 2 stories, 2 buildings
Heating
WallFurnace
Income
Gross income: $108,072, Net operating income: $55,597
Laundry
None
Lot
0.0964 acres, 4,200 square feet, Size: 4,200
Parking
None
Pool
None
Property
Zoning: LAR1
Spa
None
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
