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722 Westmount Dr, West Hollywood, CA 90069

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For Sale

$3,180,000

8 beds • 4,480 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $709.82
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

We are pleased to present a rare opportunity to acquire TWO side-by- side 4- unit properties, each with its own APN, located in one of the most prestigious pockets of West Hollywood. Operated and lovingly maintained by the same family for over 65 years, these pride-of- ownership assets offer a unique blend of stable in-place income, immediate upside, and long-term development potential. Built in 1939 and 1940, the properties are mid-century gems that reflect the charm, character, and architectural integrity of that era an increasingly rare find in today's market. Situated in the heart of vibrant West Hollywood, the properties are just steps from celebrated cafes, high-end retail, and iconic entertainment venues offering residents a true walker's paradise and access to everything the neighborhood is known for. The lots are comprised of two buildings each, and each of those four total buildings house two thoughtfully designed 1-bedroom units with well-laid-out interiors that maximize livability and comfort. The units are flooded with natural light and feature vaulted ceilings, updated kitchens and flooring, and six of the eight include in- unit washer and dryers. All of the units offer a semi-private outdoor space an increasingly rare and desirable amenity. The unit mix is ideally suited for the local tenant base, who value stylish living spaces and pedestrian convenience. With several units delivered vacant, a new owner has the rare opportunity to immediately achieve top-of-the-market rental rates. Additional features include six covered parking spaces in detached carports each with an oversized storage cabinet as well as updated electrical systems and pitched roofs. The combined lot size spans an impressive 11,601 square feet and is zoned R2, offering long-term redevelopment potential in one of Los Angeles' most resilient and in-demand rental submarkets.
MLS# 25577475

Courtesy Of RE/MAX Commercial & Investment

(213) 817-1000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.13 Acres

Map and Directions

Directions to 722 Westmount Dr, West Hollywood, CA 90069

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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