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7735 Lexington Avenue

West Hollywood, CA 90046

$1,500,000

| 2,100 sq. ft.

Status: Active Area: C10 - West Hollywood Vicinity
Year Built: 1922 MLS#: 25518493

Description

PRIME West Hollywood Location Charming Spanish 4 Unit, delivered AS-IS with MONTH-TO-MONTH Tenants in place. SUBJECT TO City of West Hollywood Rent Stabilization, Relocation Fees, Counseling Fees. (see MLS Doc's OR https://www.weho.org/city-government/rent-stabilization/rental-housing/for-landlords) Corner Location with separate addressess and meters. Two units 1010-1012 Genesee St.; Two units 7735-7737 Lexington Ave. All single level, side-by-side One Bedroom/One Bath, with individual patios, hardwood floors, decorative fireplaces. One Unit has been updated and leased at market rate. Street Parking with only one off street space, 2 garages used for storage. WEHO Zoning WDR1B single family or two-unit low density housing. (ADJACENT CORNER PROPERTY is ALSO AVAILABLE FROM SAME OWNER 7740 Hampton/1016 Genesee: A 3BR 2BA HOUSE PLUS UNPERMITTED STUDIO/ADU, Zoned WDR2, See MLS#25518261. IF Combined: Lots run Street to Street along Genesee Street, totalling apprx 10,392 square feet. SEE Aerial Photo) Due Diligence: It's crucial for buyers and developers to conduct thorough due diligence regarding remediation, zoning, permits, square footage, moratoriums, and other potential restrictions before proceeding with any development plans. Trust Sale. Buyer to Cooperate with Seller on 1031 Exchange at no cost to Buyer. NO sign at property.

Features

    Other Rooms: Living Room Appliances: Refrigerator
    Fireplace Rooms: Decorative
    Heating: N/A
    Cooling: None
    Structure Type: Cottage
    Association Amenities: N/A
    Pool Descriptions: None
    Price/sqft: $714
    Parking Spaces: 1
    Total Floors: 1

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.