813 Westbourne Drive, West Hollywood, CA 90069
Local realty services provided by:Better Homes and Gardens Real Estate Champions
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.310-202-9166
MLS#:26653689
Source:CRMLS
Price summary
- Price:$5,350,000
- Price per sq. ft.:$349.95
About this home
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.
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Home facts
- Year built:1957
- Listing ID #:26653689
- Added:91 day(s) ago
- Updated:June 09, 2026 at 07:32 AM
Rooms and interior
- Bedrooms:24
- Total bathrooms:20
- Kitchen Description:Refrigerator
- Living area:15,288 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1957
- Building area:15,288 sq. ft.
- Lot area:0.31 Acres
- Levels:2 Story
Finances and disclosures
- Price:$5,350,000
- Price per sq. ft.:$349.95
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