813 Westmount Drive, West Hollywood, CA 90069

West Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
813 Westmount Drive,West Hollywood, CA 90069
$2,850,000
Virtual Tour
  • 9 Beds
  • 9 Baths
  • 6,504 sq. ft.
  • Multi-family
  • Active
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.
MLS#:26653695
Source:CRMLS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$438.19

About this home

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

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Home facts

  • Year built:1958
  • Listing ID #:26653695
  • Added:1 day(s) ago
  • Updated:March 10, 2026 at 08:35 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:9
  • Kitchen Description:Refrigerator
  • Living area:6,504 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1958
  • Building area:6,504 sq. ft.
  • Lot area:0.15 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$438.19
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