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$ 1,300,000
Est. payment | /mo
3 Beds
5 Baths
2,104 SqFt
$ 1,300,000
Est. payment | /mo
3 Beds
5 Baths
2,104 SqFt
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,104 sqft
Price per Sqft $617
MLS Listing ID 26638203
Bedrooms 3
HOA Y/N No
Year Built 1952
Lot Size 2,935 Sqft
Property Description
We are pleased to present 7154 Lexington Avenue, a rare five unit multifamily offering located in the heart of West Hollywood, one of Los Angeles' most desirable and supply constrained rental markets. Positioned just minutes from Hollywood and Beverly Grove, the property benefits from immediate access to premier shopping, dining, and entertainment, driving consistent tenant demand and long term rental stability.The property features an attractive unit mix consisting of three 1 bedroom 1 bath units and two studio units. One of the 1 bedroom 1 bath unit will be delivered vacant at close of escrow, providing immediate upside through owner occupancy or rental repositioning. The building was fully renovated in 2005 and offers updated systems and modernized interiors, including hardwood floors and hand crafted cabinetry, making it a true turnkey investment.Additional highlights include three on site parking spaces, a highly valuable amenity in this dense West Hollywood rental corridor. Offered at a 6% cap rate, 7154 Lexington Avenue presents an exceptional opportunity for investors seeking immediate cash flow, long term appreciation, and a foothold in one of Los Angeles' most vibrant rental markets.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR3C*
Interior
Flooring Wood
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator
Exterior
Parking Features Shared Driveway
Total Parking Spaces 3
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5531009011
Special Listing Condition Standard
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc.
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