813 Westmount Dr, West Hollywood, CA 90069
813 Westmount Dr, West Hollywood, CA 90069
813 Westmount Dr, West Hollywood, CA 90069
6
See all 6 photos
$2,850,000
Est. payment /mo
9 Beds
9 Baths
6,504 SqFt
Active

813 Westmount Dr West Hollywood, CA 90069

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,504 sqft

Price per Sqft $438

MLS Listing ID 26653695

Bedrooms 9

Year Built 1958

Lot Size 6,735 Sqft

Acres 0.1547

Property Sub-Type Multi-Family

Property Description

813 Westmount Drive presents a 9-unit multifamily investment opportunity in prime West Hollywood, one of Southern California's most supply-constrained and high-demand rental submarkets. The offering features highly attractive 2.69% interest-only assumable financing through December 2030, delivering an approximate 7.69% cash-on-cash return and strong day-one leveraged cash flow. The asset generates stable in-place income at a 12.59 GRM and 4.61% cap rate, equating to approximately $316,667 per unit and $438 per square foot well below estimated replacement cost in this premier West Hollywood location.Built in 1958, the property is a classic late-1950s mid-century courtyard-style building with clean architectural lines and efficient unit layouts. Additional upside exists through interior modernization and strategic capital improvements, offering clear value-add potential while preserving the asset's architectural character.Favorable assumable financing enhances investor yield and materially reduces acquisition financing risk.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning WDR2*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Range/Oven, Refrigerator

Exterior

Parking Features None

Garage Spaces 4.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

Virtual Tour https://drive.google.com/drive/folders/1PhYlG-w-UKutMMI3U1_n1BevqKAL4hRu?usp=drive_link


TheMLS (CLAW)
Listed by Miller & Desatnik Realty Co.

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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813 Westmount Dr