7604 Lexington Avenue

    West Hollywood, CA 90046
    • $2,699,000
    • STATUS: Active
    • ON SITE: 177 days
    • ID#: 19447370
    UPDATED: 29 min ago
    $2,699,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,571
      SQFT
    • $756
      $/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 California Regional Multiple Listing Service, Inc. as of 2019-09-18T17:44:22.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/92992888

    7604 Lexington Avenue West Hollywood, CA 90046

    • Price: $2,699,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: 19447370
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,571
    SQFT
    $756
    $/SQFT
    1926
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    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

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Property Features

    Cap Rate 4.30 Gross Multiplier 16.30 Gross Operating Income 165597.00 Improvements Amount 1011840 Land Value 1517760 Laundry Income 600.00 Net Operating Income 115920.00 Special Listing Conditions Standard Total Expenses 41399.00 Zoning Wdr2*

    Listing provided courtesy of Marios Savvides of Marios C Savvides


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T17:44:22.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024