813 Westmount Drive, West Hollywood, CA 90069

  • $2,850,000
813 Westmount Drive, West Hollywood, CA 90069
Active
813 Westmount Drive, West Hollywood, CA 90069
813 Westmount Drive, West Hollywood, CA 90069
  • $2,850,000

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.

  • Address 813 Westmount Drive
  • City West Hollywood
  • State/county CA
  • Zip/Postal Code 90069
  • Country US

Details

Updated on March 10, 2026 at 5:59 pm
  • Property ID: 26653695
  • Price: $2,850,000
  • Property Size: 6504 Sqft
  • Land Area: 0.1546 Acres
  • Bedrooms: 9
  • Bathrooms: 9
  • Garage Size: x x
  • Year Built: 1958
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: None

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  • Hoyt Hochman