4635 Lexington Avenue, Los Angeles, CA 90029

• 3 beds |
• 10 baths

Property Description

PRICE JUST DROPPED TO SELL!! ONE OF A KIND OFFERED FOR SALE FOR THE FIRST TIME SINCE ITS 2018 CONSTRUCTION. Five individual homes across three detached buildings on a single 7,961 square foot East Hollywood lot a modern five-home compound of a kind this neighborhood has not seen built in decades. THE HOMES: Two two-story duplex buildings hold four oversized one-bedroom, two-bath residences of 1,010 to 1,073 square feet nearly double the footprint of the typical East Hollywood one-bedroom each a townhome-style layout with a bath on each level, its own garage, central heat and air, in-unit washer and dryer, and dishwasher. A fully detached 1,291 square foot two-bedroom, two-bath house with two assigned parking spaces completes the compound. Every home lives like a house: three separate buildings, no shared lobbies, no long corridors. WHY IT IS RARE: Built ground-up in 2018, the property sits entirely outside the LA Rent Stabilization Ordinance ZIMAS confirms no RSO by APN and the AB 1482 new-construction exemption keeps it outside statewide caps until roughly 2033. Nearly every competing five-unit nearby dates from 1912 to 1961. No soft-story retrofit, no galvanized plumbing, no knob-and-tube: the capital-expenditure profile of a new building carrying the income of five homes. THE OPPORTUNITY: A turn-key income property for an exchange buyer on a deadline or a long-horizon private investor and a possible path for an owner to occupy one home while the other four produce income, subject to existing tenancies. At five doors, it is also an approachable first income propert

Listing Status:

Active

Date Added:

August 13, 2026

Data Last Updated:

October 9, 2026 at 1:11AM

Listing Office:

Bauhaus Group :

Listing Agent:

Eric Cuevas : 310-730-9066

MLS ID:

SB26176851

Interior

• A/C: Central Forced Air

Exterior

• General: N/K
• Pool: N/K

Construction

• General: BlockStucco2 Story

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Public Rec5542019027

Financial

• Source: California Regional MLS