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$ 1,800,000
Est. payment /mo
Active
4886 Lexington Avenue Los Angeles, CA 90029
7,740 SqFt
UPDATED:
12/04/2024 10:09 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,740 sqft
Price per Sqft $232
MLS Listing ID CL24427301
HOA Y/N No
Year Built 1925
Lot Size 5,517 Sqft
Acres 0.13
Property Description
Charming 7,740 SF building situated on a 5,515 SF LARD1.5 zoned corner lot. The property is composed of eight (8) very spacious 1+1 units, each averaging over 950 square feet. The property was built in 1925, has charming features, high ceilings, arched doorways and each unit has a large den area. Each unit is separately metered for gas and electricity and has separate H20 heaters. One Unit will be delivered VACANT! Over 6% CAP Rate! Extremely well located in the heart of East Hollywood, near Fountain Ave. & Vermont Ave., just a few minutes from the 101 Freeway. It's within close proximity to everything Hollywood and Los Feliz have to offer; like Square One, The Good Good, Melody, Found Oyster, and many other restaurants & bars! Moreover, the property is just minutes away from the 101 freeway and has many nearby public transportation options. This location is deemed a "walker's paradise" with a walk score of 91 out of 100, given its close proximity to restaurants, grocery stores, and every day necessities. Kaiser Permanente Hospital, Children's Hospital and Los Angeles City College (LACC) are within one mile of the property as well as many Studios providing many employment opportunities in the local area. The property is located in the City of Los Angeles and is subject to Rent Co
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 5540025002
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Listed by Nicole Apostolos • Equity Union