816 Westmount Drive, West Hollywood, CA 90069

West Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
816 Westmount Drive,West Hollywood, CA 90069
$6,850,000
Virtual Tour
  • 36 Beds
  • 37 Baths
  • 22,800 sq. ft.
  • Multi-family
  • Active
Listed by: david miller, errol spiro
Office: miller & desatnik realty co.310-202-9166
MLS#:26653679
Source:CRMLS

Price summary

  • Price:$6,850,000
  • Price per sq. ft.:$300.44

About this home

816 Westmount Drive presents an 18-unit multifamily investment opportunity in a highly desirable West Hollywood location. The offering features 2.69% interest-only assumable financing through December 2030, providing strong day-one leveraged cash flow and an approximate cash-on-cash return above 6.73%. The property generates solid in-place income at a 12.22 GRM and 4.57% cap rate, equating to approximately $380,556 per unit and $300 per square foot.A large storage space of approx. 680 square feet can be converted to a ADU. Seller has preliminary plans to legalize the structure as an ADU (buyer to verify), creating additional income potential and long-term value enhancement.Built in 1973, the asset is a well-scaled 1970s multifamily property with practical design, efficient unit layouts, and strong operational fundamentals. The larger unit count offers meaningful economies of scale and the opportunity to implement a strategic renovation program to drive rental repositioning and...

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Home facts

  • Year built:1973
  • Listing ID #:26653679
  • Added:119 day(s) ago
  • Updated:July 01, 2026 at 01:26 PM

Rooms and interior

  • Bedrooms:36
  • Total bathrooms:37
  • Kitchen Description:Refrigerator
  • Living area:22,800 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1973
  • Building area:22,800 sq. ft.
  • Lot area:0.26 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$6,850,000
  • Price per sq. ft.:$300.44

Features and amenities

  • Appliances:Refrigerator

Parking

  • Total parking spaces:22
  • Parking description:Gated
Based on information from California Regional Multiple Listing Service, Inc. as of July 7, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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