813 Westmount Drive, West Hollywood, CA 90069

• 6,504 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.

Listing Status:

Active

Date Added:

March 9, 2026

Data Last Updated:

March 11, 2026 at 1:09AM

Listing Office:

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

Listing Agent:

David Miller : 323-948-7507

MLS ID:

CL26653695

Interior

• Heating: Wall Furnace

Exterior

• Parking: None

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: WDR24337007036

Financial

• Source: CRMLS