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7156-7160 Lexington Ave
West Hollywood, CA 90046
Multifamily Property For Sale
·
5 Units
Investment Highlights
- BUILDING fully remodeled in 2005
- THREE 1BR / 1BA Units and Two Studios
- VALUE-ADD investment opportunity with approximately 13% upside in rent
- WALKSCORE OF 97 “Walker’s Paradise” adjacent to an array of Fine Dining, Shopping and Entertainment
- 6% Cap Rate
Property Facts
| No. Units | 5 | Lot Size | 0.07 AC |
| Property Type | Multifamily | Building Size | 3,393 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1952/2008 |
| Building Class | B | Parking Ratio | 1.43/1,000 SF |
| Zoning | R3C | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 3,393 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1952/2008 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | R3C |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,725 | 350 |
| 1+1 | 3 | $2,267 | 500 |
Property Taxes
| Parcel Number | 5531-009-011 | Improvements Assessment | $981,654 |
| Land Assessment | $1,450,172 | Total Assessment | $2,431,826 |
Property Taxes
Parcel Number
5531-009-011
Land Assessment
$1,450,172
Improvements Assessment
$981,654
Total Assessment
$2,431,826
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