$5,350,000

813 Westbourne Drive, West Hollywood, CA 90069

15,288 sqft

other
Built in 1957
0.31acre lot
—— car garage
$350/sqft
Listed 23 days ago

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:: Active
Date Added:: March 9, 2026
Data Last Updated:: April 2, 2026 at 3:08AM
Listing Office:: Miller & Desatnik Realty Co. : 310-202-9166
Listing Agent:: David Miller : 323-948-7507
MLS ID:: CL26653689

Heating: Wall Furnace

Parking: None

County: Los Angeles

Zoning: WDR34337013043

This listing courtesy of David Miller , Miller & Desatnik Realty Co.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Rosewood Avenue Elementary

503 N Croft Ave, West Hollywood, CA, 90048

Grades KG-5

0.45 miles away

Laurel School

925 N Hayworth Ave, Los Angeles, CA, 90046

Grades KG-8

0.98 miles away

West Hollywood Opportunity

1049 N Fairfax Ave, West Hollywood, CA, 90046

Grades 7-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.