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7611 LEXINGTON AVE West Hollywood, CA 90046
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Key Details
Sold Price $3,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,918 sqft
Price per Sqft $462
MLS Listing ID 21-797542
Sold Date 12/10/21
Style Mid-Century
Bedrooms 12
Year Built 1957
Lot Size 6,426 Sqft
Acres 0.1475
Property Sub-Type Multi-Family
Property Description
Fantastic opportunity to acquire 7611 N Lexington Avenue, a two-story, 8-unit apartment building in one of the most sought-after rental locations. West Hollywood is known for its premier nightlife, restaurants, retail and its close proximity to employment centers and business services. Excellent unit mix of 4 spacious one-bedroom, one-bathroom and 4 spacious two-bedroom, one-bathroom apartment homes with 10 parking spaces, community laundry, and storage area. Two of the two-bedroom units with private balconies are vacant allowing the new owner the possibility of upgrading them to position them for top rental income. This is a well-kept and low-maintenance property and is being offered for the first time in 50 years. This is truly a once-in-a-lifetime opportunity for an astute investor.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR1B*
Rooms
Other Rooms None
Interior
Heating Central
Cooling None
Equipment Range/Oven
Laundry Community
Exterior
Parking Features Carport
Garage Spaces 10.0
View Y/N No
View None
Building
Story 2
Architectural Style Mid-Century
Others
Special Listing Condition Standard
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Bought with Non-Participant Office