813 Westmount Drive, West Hollywood, CA 90069

  • $2,850,000
813 Westmount Drive
ResidentialIncome Active
813 Westmount Drive, West Hollywood, CA 90069
813 Westmount Drive
  • $2,850,000

Overview

Property ID: HZ26653695
  • 9
  • Bedrooms
  • 9
  • Bathrooms
  • 6504
  • Sq Ft
  • 1958
  • Year Built

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.

  • Address Westmount
  • City West Hollywood
  • State/county Los Angeles
  • Zip/Postal Code 90069

Details

Updated on March 17, 2026 at 10:06 am
  • Property ID: HZ26653695
  • Price: $2,850,000
  • Property Size: 6504 Sq Ft
  • Bedrooms: 9
  • Bathrooms: 9
  • Year Built: 1958
  • Property Status: ResidentialIncome
  • Listed by: David Miller
  • DRE #: 02105346
  • Contact Mail: davemiller@mdrealtycorp.com
  • Brokered by: Miller & Desatnik Realty Co.

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

360° Virtual Tour

Contact Information

View Listings

Enquire About This Property

Schedule a Tour

Tour Type

Compare listings

Compare