7604 Lexington Avenue

    West Hollywood, CA 90046
    • $2,499,000
    • STATUS: Active
    • ON SITE: 255 days
    • ID#: 19447370
    UPDATED: 39 min ago
    $2,499,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 3,571
      SQFT
    • $700
      $/SQFT
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Inside units with accepted offer.There is an existing assumable fixed loan of approximately $1,300,000 at 3.39% with monthly payments of $6,267.42 until 4/1/2021, 6-month LIBOR + 2.25 adjustable thereafter. Cap rate is above 4%. Buyer must cooperate with Seller in a 1031 tax exchange at no cost or liability to Buyer.

    Monthly Payment Calculator



    Based on information from CARETS as of 2019-12-05T11:44:29.843. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/92992476

    7604 Lexington Avenue West Hollywood, CA 90046

    • Price: $2,499,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 19447370
    4
    Beds
    8
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,571
    SQFT
    $700
    $/SQFT
    1926
    Built
    Neighborhood:
    West Hollywood Vicinity (C10)
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity (C10)
    Property Description
    Inside units with accepted offer.There is an existing assumable fixed loan of approximately $1,300,000 at 3.39% with monthly payments of $6,267.42 until 4/1/2021, 6-month LIBOR + 2.25 adjustable thereafter. Cap rate is above 4%. Buyer must cooperate with Seller in a 1031 tax exchange at no cost or liability to Buyer.
    Exterior Features

    Parking Spaces Total 1 Parking Type Other

    Interior Features

    Cooking Appliances Range Cooling Type Wall Unit(S) Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 2.0 Unit Number Of Bed01 0 Unit Number Of Bed02 1 Unit Number Of Bed03 2

    Property Features

    Adjusted Gross Income 164997.00 Assessed Improvement Value 1011840.00 Assessed Land Value 1517760.00 Cap Rate 4.28 Country United States Of America Expense Total Annual 41250.00 Gross Operating Income 164997.00 Gross Rent Multiplier 16.36 Hoa YN N Laundry Income 600.0 Legal Disclosures Take Property As IsRent Control Lot Size Source Public Records Net Operating Income 115497.00 Number Of Buildings 2 Special Conditions Standard Sale Square Footage Source Estimated Unit Monthly Rent01 6662.26 Unit Monthly Rent02 3835.06 Unit Monthly Rent03 3252.44 Unit Projected Total Monthly Rent01 7400.00 Unit Projected Total Monthly Rent02 4100.00 Unit Projected Total Monthly Rent03 3500.00 Unit Total Monthly Rent01 6662.26 Unit Total Monthly Rent02 3835.06 Unit Total Monthly Rent03 3252.44 Unit Type01 4 Unit Type02 2 Unit Type03 1 Units Total In Complex 7 Zoning Wdr2*

    Listing provided courtesy of Marios Savvides DRE#01040033 of Marios C Savvides.


    Based on information from CARETS as of 2019-12-05T11:44:29.843. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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