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7734 Lexington Ave 3 Unit Apartment Building $3,194,778 CAD ($1,064,926 CAD/Unit) 5.80% Cap Rate West Hollywood, CA 90046
Investment Highlights
- House to be delivered vacant
- On-site parking for tenants
- AAA+ location just steps away from Santa Monica Blvd
- Separately metered for all utilities
- Corner lot
- Potential ADU development
Executive Summary
Turnkey Asset with Potential ADU Development! House To be Delivered Vacant! Privacy of a Home with 2 Detached Units in the Back
Property Facts
| Price | $3,194,778 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,064,926 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 5.80% | Building Size | 1,996 SF |
| Gross Rent Multiplier | 13.41 | No. Stories | 1 |
| No. Units | 3 | Year Built | 1923 |
| Property Type | Multifamily | Parking Ratio | 2/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | WDR2 - Restricted Density Multiple Dwelling | ||
| Price | $3,194,778 CAD |
| Price Per Unit | $1,064,926 CAD |
| Sale Type | Investment |
| Cap Rate | 5.80% |
| Gross Rent Multiplier | 13.41 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 1,996 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Parking Ratio | 2/1,000 SF |
| Zoning | WDR2 - Restricted Density Multiple Dwelling |
Amenities
Site Amenities
- Laundry Facilities
- Gated
- Grill
- Public Transportation
- Shower Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 1 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
40/100
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7734 Lexington Ave
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