813 Westmount Dr | Image 1
New
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$2,850,000

For Sale

A day ago

MLS® 26653695

9 Bed

9 Bath

6504 sqft

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 6504 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1958
Avg. Price Per Sqft $438
MLS® Number 26653695

Property Address: 813 Westmount Dr, West Hollywood, CA, 90069-4620

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26653695
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 9, 2026List Date
$2,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
813 Westmount Dr, West Hollywood, CA

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