4567 Lexington Avenue 106, Los Angeles, California 90029, Los Angeles, 90029 - 2 bed, 2 bath

4567 Lexington Avenue 106, Los Angeles, California 90029 home-pic-0
ACTIVE$695,000
4567 Lexington Avenue 106, Los Angeles, California 90029
2Beds
2Baths
940Sqft
9,323Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: Situated in the vibrant Virgil Village, offering immediate access to popular eateries, entertainment, and essential services like the Metro and Children's Hospital, catering to a desirable LA lifestyle.
Top Cons:
Monthly HOA Dues: The $425 monthly association fee adds a significant recurring cost to homeownership, which can impact affordability and budget.

Compared to the nearby listings

Price:$695.0K vs avg $702.5K ($-7,500)50%
Size:940 sqft vs avg 1,015 sqft50%
Price/sqft:$739 vs avg $71950%

More Insights

Built in 1988 (37 years old).
Condition: This condo, built in 1988, presents as move-in ready with several key updates. The description highlights an 'updated kitchen' with gas appliances and an 'upgraded bidet toilet' in the primary suite. Images confirm a clean, functional kitchen with medium-tone wood cabinets, granite countertops, a white farmhouse sink, and stainless steel appliances. The living areas feature well-maintained hardwood floors and modern recessed lighting. In-unit stacked laundry is also a modern convenience. While the bathroom's black and white checkered floor tiles appear dated, and the kitchen's style isn't cutting-edge contemporary, the property has clearly undergone significant updates beyond basic maintenance. Major systems like central air and heat are present, and the overall condition suggests minimal wear and tear, aligning with the 'Good' criteria of being move-in ready with no immediate renovation required, despite not having undergone a full, recent, high-end renovation.
Year Built
1988
Close
-
List price
$695K
Original List price
$740K
Price/Sqft
$739
HOA
$425
Days on market
-
Sold On
-
MLS number
25576515
Home ConditionGood
Features
View-

About this home

*Eligible for $15,000 forgivable loan (no payments, no interest) to cover closing costs, rate buy-down and/or down payment. 100% financing available.* Located in the heart of Virgil Village, this bright and breezy 2 bedroom, 2 bath condo blends modern comfort with unbeatable LA lifestyle. Just moments from local favorites like Sqirl, Courage Bagels, Dinosaur Coffee, Go Get Em Tiger, Sunset Junction, and the historic Vista Theatre, plus easy access to the Vermont/Santa Monica Metro Station and Children's Hospital, the location checks every box. Inside, natural light pours through large windows in the airy living room, where a stylish gas fireplace anchors the space. The updated kitchen features gas appliances, ample storage, and an easy flow, ideal for entertaining or everyday living. Private balcony with incredible sunset views and a sense of privacy. The oversized primary suite includes a generous walk-in closet and ensuite bath with an upgraded bidet toilet, while the second bedroom is perfect for guests, a home office, or creative use. Additional highlights include in unit laundry, central air and heat, two tandem parking spaces and a private storage unit. This is city living at its best, stylish, convenient, and surrounded by the energy of one of LA's most vibrant neighborhoods.

Nearby schools

/10
Lexington Avenue Primary Center
Public,K-20.1mi
4/10
Lockwood Avenue Elementary School
Public,K-60.3mi
3/10
Ramona Elementary School
Public,K-60.6mi
7/10
Los Feliz STEMM Magnet
Public,K-60.7mi
5/10
Kingsley Elementary School
Public,K-50.8mi
6/10
Dayton Heights Elementary School
Public,K-50.8mi
4/10
Alexandria Avenue Elementary School
Public,K-51.3mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,K-51.4mi
4/10
Frank Del Olmo Elementary School
Public,K-61.5mi
3/10
Harvard Elementary School
Public,K-51.5mi
4/10
Grant Elementary School
Public,K-61.5mi
6/10
Van Ness Avenue Elementary School
Public,K-51.8mi
5/10
Cahuenga Elementary School
Public,K-51.9mi
6/10
Charles H. Kim Elementary School
Public,K-51.9mi
6/10
Thomas Starr King Middle School
Public,6-80.5mi
5/10
Virgil Middle School
Public,6-81.4mi
3/10
Joseph Le Conte Middle School
Public,6-81.7mi
4/10
Young Oak Kim Academy
Public,6-82.1mi
7/10
John Burroughs Middle School
Public,6-83.5mi
8/10
John Marshall Senior High School
Public,9-121.2mi
4/10
Helen Bernstein High School
Public,9-121.4mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-122.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-122.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-122.4mi
3/10
Belmont Senior High School
Public,9-122.7mi
6/10
Hollywood Senior High School
Public,9-122.9mi
7/10
Fairfax Senior High School
Public,9-124.2mi

Price History

Date
Event
Price
11/24/21
Sold
$761,000
11/14/12
Sold
$274,000
11/17/06
Sold
$452,500
Condition Rating
Good

This condo, built in 1988, presents as move-in ready with several key updates. The description highlights an 'updated kitchen' with gas appliances and an 'upgraded bidet toilet' in the primary suite. Images confirm a clean, functional kitchen with medium-tone wood cabinets, granite countertops, a white farmhouse sink, and stainless steel appliances. The living areas feature well-maintained hardwood floors and modern recessed lighting. In-unit stacked laundry is also a modern convenience. While the bathroom's black and white checkered floor tiles appear dated, and the kitchen's style isn't cutting-edge contemporary, the property has clearly undergone significant updates beyond basic maintenance. Major systems like central air and heat are present, and the overall condition suggests minimal wear and tear, aligning with the 'Good' criteria of being move-in ready with no immediate renovation required, despite not having undergone a full, recent, high-end renovation.
Pros & Cons

Pros

Exceptional Location: Situated in the vibrant Virgil Village, offering immediate access to popular eateries, entertainment, and essential services like the Metro and Children's Hospital, catering to a desirable LA lifestyle.
Attractive Financial Incentives: Eligibility for a $15,000 forgivable loan and 100% financing significantly lowers the barrier to entry for potential buyers, making it highly competitive.
Modern & Updated Interior: Features an updated kitchen with gas appliances, a stylish gas fireplace, central air/heat, and in-unit laundry, providing contemporary comfort and convenience.
Private Outdoor Space with Views: A private balcony offers 'incredible sunset views' and a sense of privacy, a sought-after amenity in urban condominiums.
Valuable Inclusions: Comes with two tandem parking spaces and a private storage unit, which are practical and highly desirable features in a dense city environment.

Cons

Monthly HOA Dues: The $425 monthly association fee adds a significant recurring cost to homeownership, which can impact affordability and budget.
Tandem Parking Arrangement: While two parking spaces are provided, the tandem setup can be inconvenient for daily use, requiring coordination between residents.
Recent Price Reduction: The property has seen a price reduction from $740,000 to $695,000, which might suggest an initial overpricing or a longer time on market, potentially raising questions for buyers.

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