7154 Lexington Ave West Hollywood, CA 90046

Written By David Saghian

5-Unit Multifamily in West Hollywood

LIST PRICE: $1,300,000 CAP RATE: 6.00% GRM: 11.42 PRICE PER SQUARE FOOT: $618

Request Offering Memorandum

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 one bedroom one bath units and two studio units. One one bedroom one bath unit will be delivered vacant, 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.

Investment Highlights

  • BUILDING fully remodeled in 2005

  • OFFERING located in a desirable rental market of West Hollywood with an ideal renter profile

  • WALKSCORE OF 97 “Walker’s Paradise” adjacent to an array of Fine Dining, Shopping and Entertainment

  • THREE 1BR / 1BA Units and Two Studios

  • VALUE-ADD investment opportunity with approximately 13% upside in rent

  • UNITS consisting of an average size of 420 SF

Exclusively Listed By:

David Saghian

(310) 401-1559

dsaghian@lyonstahl.com

 
David Saghian
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