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West Hollywood Multifamily Investment Opportunity
For Sale
Under Contract
$1,325,000

7154 Lexington Ave, West Hollywood, CA 90046

MULTI_FAMILY - West Hollywood, CA

Property Size2,104 SF
Lot Size0.07 Acres
Price / SF$629.75
Days on Market103

Property Features for 7154 Lexington Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning WDR3C*
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4
Parking 3
Parking features Driveway
Interior features Built-Ins
Appliances Microwave, Oven, Cooktop - Gas
Directions North of Santa Monica, West of La Brea
Subdivision West Hollywood Vicinity
Standard status Active Under Contract
APN 5531-009-011
Size 2,104 SF
Lot size 0.07 Acres

Utilities

Heating system Electric (Heating)
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1952
Floors in Building 1
Number of units 5
Listing Agency: Redfin
Listed By: Craig Shapiro · License #01904168
Added: Apr 21 Changed: Jul 29 Last Checked: Aug 1 at 11:06PM
MLS# 26764117

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit property in West Hollywood, California, presents an investment opportunity in a sought-after rental market. The property includes two vacant units, offering flexibility for owner-occupants or investors to set market rents and maximize income potential. One additional unit will be vacant starting May 1st. The remaining units provide consistent cash flow. The vacant units present an opportunity for renovation or repositioning. The property is located near dining, shopping, and entertainment options. This asset benefits from tenant demand and long-term appreciation potential. The property is zoned WDR3C*. The property size is 2104 square feet, situated on a lot of 0.0674 acres.

Key Highlights

  • 5‑unit property with two vacant units, including one unit becoming vacant May 1st
  • Opportunity to set market rents: one vacancy on May 1st and another unit currently vacant
  • Year built 1952; public water service

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,793
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property in prime West Hollywood with income potential.
Where is this apartment building located?
The property is located at 7154 Lexington Ave West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 5‑unit property with two vacant units, including one unit becoming vacant May 1st; Opportunity to set market rents: one vacancy on May 1st and another unit currently vacant; Year built 1952; public water service
More about this property
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