$3,250,000

613 Westbourne Drive, West Hollywood, CA 90069

  • 7,442 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon5,624sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $437/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

613 Westbourne Drive presents a rare opportunity to acquire an eight-unit multifamily property in the heart of prime West Hollywood, one of Los Angeles' most desirable and supply-constrained rental markets. Ideally situated just north of Melrose Avenue, the property places residents' moments from the exceptional collection of restaurants, cafes, boutiques, design showrooms and luxury retailers that have established this stretch of Melrose as one of the city's most vibrant and high-end retail corridors. The property is also just moments from the Pacific Design Center and Cedars-Sinai Medical Center, providing convenient access to two of the area's most prominent employment and institutional anchors. Encompassing approximately 7,442 square feet, the property features an attractive and highly rentable unit mix consisting of four one-bedroom/one-bath residences and four two-bedroom/two-bath residences. The larger two-bedroom floor plans comprise half of the building's unit mix, providing investors with meaningful exposure to a particularly desirable segment of the West Hollywood rental market. The investment is distinguished by a compelling combination of strong in-place income and substantial future rental upside. Current gross rental income is approximately $197,367 annually, compared with projected gross rental income of approximately $288,000, representing approximately 30% upside in rents as existing leases transition toward market levels. This embedded upside provides a new owner with the opportunity to enhance income and long-term asset value while benefiting from an established income stream from day one. Beyond the underlying economics, 613 Westbourne benefits from an exceptional location at the convergence of West Hollywood, Beverly Grove and the greater Beverly Hills area. This highly desirable pocket consistently commands some of the strongest renter demand and highest residential rental rates on a per-square-foot basis in the greater Los Angeles market, supported by limited housing supply, exceptional walkability and immediate access to major employment, dining, shopping and entertainment destinations. With its desirable unit mix, irreplaceable West Hollywood location, approximately 30% rental upside and strong long-term rental fundamentals, 613 Westbourne Drive represents a compelling value-add multifamily investment in one of Los Angeles' most sought-after neighborhoods.

Listing Status:
Active
Date Added:
August 18, 2026
Data Last Updated:
August 24, 2026 at 9:06PM
Listing Office:
Sotheby's International Realty : 310-724-7000
Listing Agent:
Allen Roth : 310-387-7087
MLS ID:
CL26873295
  • Appliances: Dryer
  • Laundry: Common AreaDryerLaundry RoomWasher
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: CoveredAssignedOther
  • County: Los Angeles
  • Zoning: WDR2*4337011046

This listing courtesy of Allen Roth , Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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