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7154 Lexington Avenue

West Hollywood CA 90046

5
5
3
2104 sq. ft.
2934 sq. ft.
Other
Currently for sale - view listing

Overview

Exceptional investment opportunity in prime West Hollywood! This 5-unit property offers a rare chance to own in one of Los Angeles' most sought-after rental markets. Featuring two vacant units, the property provides immediate flexibility for owner-occupants or investors looking to set market rents and maximize income potential one unit will be vacant on May 1st !!. The remaining units offer steady cash flow, while the vacant units create upside through renovation or repositioning. Ideally located near world-class dining, shopping, and entertainment, this asset benefits from strong tenant demand and long-term appreciation potential. Whether you're expanding your portfolio or seeking a value-add opportunity, this property delivers both stability and growth in an unbeatable location. Buyer to independently verify all information. Gross income and cap rate has been determined by filling vacant units including the one becoming vacant May 1st at market rate. Call Agent for exact expenses totals.

Features

5 bedrooms
5 bathrooms
3 carspaces
2104 sq. ft. floor area
2934 sq. ft. lot size
Other

Property history for 7154 Lexington Avenue

2014
Sold
$1,425,000
15 May 2014 by Filip Niculete, of Marcus & Millichap

Happy sellers in West Hollywood

87%
87% of sellers in West Hollywood reported that their sale price either exceeded or met their price expectations.

West Hollywood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in West Hollywood over the last 12 months.

Local market activity for 5 bedroom other properties in West Hollywood

In the last 12 months, 4 five-bedroom other properties similar to 7154 Lexington Avenue, have been sold.

This represents a 300% decrease in five-bedroom other properties sales when compared to the previous 12 months.

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