7154 Lexington ave, West Hollywood , CA 90046
Active
$1,475,000
2%
5 Units
3 Beds
5 Baths
2,104 Area(sq.ft.)
Lot: 2,934 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,200 | $ 2,200 | $ 2,200 |
| Unit 2 | 1 | studio | 1 | No | $ 2,100 | $ 2,100 | $ 2,100 |
| Unit 3 | 1 | studio | 1 | No | $ 1,804 | $ 1,804 | $ 1,900 |
| Unit 4 | 1 | 1 | 1 | No | $ 1,953 | $ 1,953 | $ 2,200 |
| Unit 5 | 1 | studio | 1 | No | $ 1,175 | $ 1,175 | $ 1,700 |
| 5 | 2 | 5 | $ 9,232 | $ 9,232 | $ 10,100 |
| MLS #: | 25539217 |
| Days On Market: | 204 |
| Listing Date: | May 15, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 701 |
| Price per unit: | $ 295,000 |
| Year Built: | 1952 |
Property Details
We are pleased to present 7154 Lexington Avenue, a rare five-unit offering located in the heart of West Hollywood, one of Los Angeles' most desirable and supply-constrained rental markets. Just minutes from Hollywood and Beverly Grove, the property enjoys close proximity to a dynamic mix of shopping, dining, and entertainment that attracts high-quality tenants and supports strong rental demand.The unit mix consists of Three (2) One-Bedroom / One-Bath Units, and Three (2) Studio Units. The building was fully renovated in 2005, offering updated systems and modernized interiors, making it an ideal turnkey investment. Additionally, the property features three (3) on-site parking spaces, a highly valuable amenity in this dense rental corridor.With limited inventory and strong fundamentals, 7154 Lexington Ave presents an exceptional opportunity for investors looking for long-term upside and immediate stability in one of the most vibrant rental markets in Los Angeles.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Vacancy Rate: | 3% |
| Gross Operating Income: | $ 108,444 |
| Total Annual Expense: | $ 34,884 |
| Net Operating Income: | $ 73,560 |
| Gross Annual Income: | $ 108,444 |
| Cap Rate: | 4.9% |
| Gross Rent Multiplier: | 13.42 |
| Actual Gross Rent: | $ 111,798 |
Structure
| Type of Units: | 2 |
| Buildings: | 1 |
| Levels: | Multi/Split |
Land & Parking
| Zoning: | WDR3C* |
| Parking Garage: | Shared Driveway |
Interior
| AC/Cooling: | Wall Unit(s) |
| Equipment: | Dishwasher, Microwave, Refrigerator, Range/Oven |
| Heating: | Wall Electric |
Exterior
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