5230 Lexington Avenue

    Los Angeles (City), CA 90029
    • $1,199,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 18401210
    UPDATED: 67 min ago
    $1,199,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,727
      SQFT
    • $694
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    One of the largest lots in the neighborhood. Welcome to this exceptional duplex in prime East Hollywood with close proximity to the 101 freeway and blocks away from LA Metro. The property is zoned RD1.5-1excel, which makes this property suitable for redevelopment. Featuring two single story detached homes, the front unit is a 3 bedroom with 1 and 3/4 bathrooms. The back unit is a 2 bedroom with a full bathroom. Additionally the property features a converted recording studio that includes a living room, control room, and vocal booth. The front house has been recently renovated and the back house has been well maintained since its previous remodel. Both properties have been recently painted on the exterior and all windows have been replaced with double pane vinyl.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T12:28:43.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88987620

    5230 Lexington Avenue Los Angeles (City), CA 90029

    • Price: $1,199,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: 18401210
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1,727
    SQFT
    $694
    $/SQFT
    1922
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    One of the largest lots in the neighborhood. Welcome to this exceptional duplex in prime East Hollywood with close proximity to the 101 freeway and blocks away from LA Metro. The property is zoned RD1.5-1excel, which makes this property suitable for redevelopment. Featuring two single story detached homes, the front unit is a 3 bedroom with 1 and 3/4 bathrooms. The back unit is a 2 bedroom with a full bathroom. Additionally the property features a converted recording studio that includes a living room, control room, and vocal booth. The front house has been recently renovated and the back house has been well maintained since its previous remodel. Both properties have been recently painted on the exterior and all windows have been replaced with double pane vinyl.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features OtherDriveway Parking YN Yes

    Interior Features

    Laundry Features Dryer IncludedWasher IncludedSee Remarks

    Property Features

    Cap Rate 4.00 Gross Multiplier 21.00 Gross Operating Income 72600.00 Improvements Amount 111474 Land Value 575777 Laundry YN Yes Net Operating Income 61450.00 Special Listing Conditions Standard Total Expenses 11150.00 Zoning Lard1.5

    Listing provided courtesy of Arvin Haddadzadeh of Compass and Aaron Kirman of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-19T12:28:43.37. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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