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813 Westbourne Drive, West Hollywood, CA 90069

West Hollywood
Local realty services provided by:CENTURY 21 LOTUS
813 Westbourne Drive,West Hollywood, CA 90069
$5,350,000
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  • 24 Beds
  • 20 Baths
  • 15,288 sq. ft.
  • Multi-family
  • Pending
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:94 day(s) ago
  • Updated:June 12, 2026 at 08:33 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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