813 Westmount DR, West Hollywood, CA 90069
813 Westmount DR, West Hollywood, CA 90069
813 Westmount DR, West Hollywood, CA 90069
813 Westmount DR, West Hollywood, CA 90069
813 Westmount DR, West Hollywood, CA 90069
813 Westmount DR, West Hollywood, CA 90069
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License Number 01925376

License Number 01925376

+1(310) 428-7750
$ 2,850,000
Est. payment | /mo

9 Beds

9 Baths

6,504 SqFt

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$ 2,850,000
Est. payment | /mo
Save Virtual Tour

9 Beds

9 Baths

6,504 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,504 sqft

Price per Sqft $438

MLS Listing ID 26653695

Bedrooms 9

HOA Y/N No

Year Built 1958

Lot Size 6,734 Sqft

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 C10 - West Hollywood Vicinity

Zoning WDR2*

Interior

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features None

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4337007036

Special Listing Condition Standard

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Miller Miller & Desatnik Realty Co. #02105346

Nearby Locations

License Number 01925376

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+1(310) 428-7750

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813 Westmount DR