813 Westmount Drive, West Hollywood, CA 90069
Local realty services provided by:ERA North Orange County Real Estate
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.310-202-9166
MLS#:26653695
Source:CRMLS
Price summary
- Price:$2,850,000
- Price per sq. ft.:$438.19
About this home
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....
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Home facts
- Year built:1958
- Listing ID #:26653695
- Added:54 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:9
- Kitchen Description:Refrigerator
- Living area:6,504 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1958
- Building area:6,504 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,850,000
- Price per sq. ft.:$438.19
Parking
- Total parking spaces:4
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