813 Westbourne Drive, West Hollywood, CA 90069

• 24 beds |
• 20 baths |
• 15,288 sqft

Property Description

20-unit multifamily investment located in prime West Hollywood. The property features 2.69% interest-only assumable financing through December 2030, offering strong leveraged cash flow. The property offers strong in-place income with an approx. cash on cash return above 7.17%, a 12.50 GRM and 4.54% cap rate, equating to approximately $267,500 per unit and $350 per square foot. Built in 1957, the 15,288 SF building sits on a 13,399 SF WDR3A-zoned lot and consists entirely of one-bedroom, one-bath units a consistently strong-performing unit type in this supply-constrained submarket. The mid-century courtyard layout provides rental appeal with value-add potential through interior renovations. Assumable financing enhances returns and mitigates exposure to current debt market volatility.

Listing Status:

Pending

Date Added:

March 9, 2026

Data Last Updated:

May 20, 2026 at 4:17PM

Listing Office:

Miller & Desatnik Realty Co. : 310-202-9166

Listing Agent:

David Miller : 323-948-7507

MLS ID:

26653689

Interior

• Appliances: Refrigerator
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 0

Construction

• General: 2

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: WDR3A*4337013043

Financial

• Source: CRMLS_CL