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7733 Lexington Avenue, West Hollywood, California 90046, West Hollywood, 90046 - 3 bed, 3 bath

7733 Lexington Avenue, West Hollywood, California 90046 home-pic-0
ACTIVE$2,250,000
7733 Lexington Avenue, West Hollywood, California 90046
3Beds
3Baths
1,688Sqft
5,217Lot
Year Built
1919
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$1,333
HOA
-
Days on market
-
Sold On
-
MLS number
25525997
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.25M(49th), sqft - 1688(27th), beds - 3(50th), baths - 3(50th).

Beautifully private updated Craftsman in wonderful WEHO with 2 bedrooms in the main house and one bed in the ADU. Enter through the ficus hedge into your own sanctuary in the middle of the city. The front patio leads directly into the home which is elevated above street level. The open floor plan and high pitched roof give you plenty of space to enjoy the front or rear garden while the bedrooms each with their own bathrooms are designed for relaxation in mind with well thought out designs. The legal ADU has its own entrance and is fully equipped with kitchen, laundry and bathroom. The rear patio area is large enough to host and yet be intimate for outdoor dining. Come be enchanted.

Price History

Date
Event
Price
06/21/22
Sold
$1,950,000
04/26/17
Sold
$1,251,000
Condition Rating
Good
The property is described as an 'updated Craftsman' with 'well thought out designs' and a 'fully equipped' ADU, indicating significant modern renovations to the interior, including kitchens and bathrooms. The overall aesthetic and functionality appear move-in ready. However, despite these updates, the property was built in 1919, and a notable weakness is the explicitly stated 'Lack of Cooling System,' which is a major functional deficiency for a modern home in Southern California. This prevents it from achieving an 'Excellent' rating, but the extensive updates elevate it beyond 'Fair'.
Pros & Cons

Pros

Legal ADU: The property includes a legal Accessory Dwelling Unit (ADU) with its own entrance, kitchen, laundry, and bathroom, offering significant flexibility for rental income, guest accommodation, or a dedicated workspace.
Prime West Hollywood Location: Situated in a 'wonderful WEHO' area, the property benefits from a highly desirable and central location within West Hollywood, providing excellent access to urban amenities.
Private & Serene Environment: Enclosed by a ficus hedge and elevated above street level, the property offers a private 'sanctuary' feel, creating a peaceful living environment amidst the city.
Updated Craftsman Charm: This updated 1919 Craftsman home blends historic architectural appeal with modern design, featuring an open floor plan and high pitched roofs that enhance the sense of space.
Excellent Outdoor Living Spaces: The property boasts both a front patio and a large rear patio area, ideal for hosting gatherings or enjoying intimate outdoor dining and relaxation.

Cons

Significant Overpricing: The listing price of $2.25 million is substantially higher than the estimated property value of approximately $1.77 million, indicating a potential challenge in market absorption due to overpricing.
Lack of Cooling System: The property description does not mention the presence of a cooling system (e.g., central air conditioning), which could be a significant drawback during warmer months in Southern California.
Age of Property: Built in 1919, while updated, an older home may entail higher ongoing maintenance costs or potential for unforeseen repairs compared to newer constructions.

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