West Hollywood, CA 90046,7154 Lexington AVE
West Hollywood, CA 90046,7154 Lexington AVE
West Hollywood, CA 90046,7154 Lexington AVE
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$1,300,000
Est. payment /mo
3 Beds
5 Baths
2,104 SqFt
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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

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CRMLS – RECore
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc.

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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