813 Westmount

West Hollywood, CA, 90069
For Sale $2,850,000
  • 9beds
  • 6,504sqft
  • 0.15acre
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.

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Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
David Miller with Miller & Desatnik Realty Co.
Errol Spiro with Miller & Desatnik Realty Co.
813 Westmount is a Residential Income property located in West Hollywood, California, featuring a 0.155 acre lot, 6,504 sqft, 9 bedrooms, MLS #26653695.

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Data last modified: 2026-03-17 07:19:10