813 Westbourne Drive
West Hollywood, CA 90069
24
Bed
0
Bath
15,288Sqft
13,399Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 24Bathroom Information
Total Baths: 20 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Refrigerator -
Heating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1957 Building Area Total: 15,288
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3076 -
Lot Size Source: Assessor Lot Size Square Feet: 13399
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Listing Price Information
Original List Price: 5,350,000 Listing Contract Date: 2026-03-09 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 4337013043
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Garage and Parking
Garage Description: NoneHomeowners Association
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Other Property Info
Source Listing Status: Pending Source Neighborhood: C10 - West Hollywood Vicinity Directions: South of Santa Monica Blvd., North of Sherwood Dr., between Huntley Dr. & La Cienega Blvd. Zoning: WDR3A* Source Property Type: Residential Income Area: C10 - West Hollywood Vicinity -
Building and Construction
Property Age: 69 Year Built Source: Assessor Total Square Feet Living: 15288 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1651 Marlay Drive, West Hollywood, CA, 90069 | $3,800,000 | 3 | 3 | 4,125 | 4,125 SqFt |
| 8249 Marmont Lane, West Hollywood, CA, 90069 | $4,749,000 | 4 | 4 | 3,455 | 3,455 SqFt |
| 1657 Marmont Avenue, West Hollywood, CA, 90069 | $6,000,000 | 3 | 3 | 3,210 | 3,210 SqFt |
| 8411 Hollywood Boulevard, West Hollywood, CA, 90069 | $5,495,000 | 3 | 2 | 2,130 | 2,130 SqFt |
| 8428 Hollywood, West Hollywood, CA, 90069 | $1,900,000 | 2 | 1 | 1,608 | 1,608 SqFt |
| 806 N Sweetzer Avenue, West Hollywood, CA, 90069 | $2,600,000 | 4 | -- | 3,126 | 3,126 SqFt |
| 855 N Sweetzer Avenue, West Hollywood, CA, 90069 | $1,995,000 | 4 | -- | -- | |
| 1015 N Kings Road #110, West Hollywood, CA, 90069 | $935,000 | 2 | 2 | 1,409 | 1,409 SqFt |
| 750 N Kings Road #225, West Hollywood, CA, 90069 | $579,000 | 1 | 1 | 600 | 600 SqFt |
| 1141 Hacienda Place, West Hollywood, CA, 90069 | $3,850,000 | 14 | -- | 9,581 | 9,581 SqFt |
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ByOwner last updated this listing 06/12/2026 @ 02:12
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