816 Westmount Drive
West Hollywood, CA 90069
36
Bed
0
Bath
22,800Sqft
11,510Sqft(Lot)
816 Westmount Drive presents an 18-unit multifamily investment opportunity in a highly desirable West Hollywood location. The offering features 2.69% interest-only assumable financing through December 2030, providing strong day-one leveraged cash flow and an approximate cash-on-cash return above 6.73%. The property generates solid in-place income at a 12.22 GRM and 4.57% cap rate, equating to approximately $380,556 per unit and $300 per square foot.A large storage space of approx. 680 square feet can be converted to a ADU. Seller has preliminary plans to legalize the structure as an ADU (buyer to verify), creating additional income potential and long-term value enhancement.Built in 1973, the asset is a well-scaled 1970s multifamily property with practical design, efficient unit layouts, a
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 36Bathroom Information
Total Baths: 37 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: 1973 Building Area Total: 22,800
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2642 -
Lot Size Source: Assessor Lot Size Square Feet: 11510
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Listing Price Information
Original List Price: 6,850,000 Listing Contract Date: 2026-03-09 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 4337005060
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Garage and Parking
Garage Description: GatedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C10 - West Hollywood Vicinity Directions: South of Santa Monica Blvd., North of Sherwood Drive, between Westbourne Dr. & La Cienega Blvd. Zoning: WDR2* Source Property Type: Residential Income Area: C10 - West Hollywood Vicinity -
Building and Construction
Property Age: 53 Year Built Source: Assessor Total Square Feet Living: 22800 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 06/13/2026 @ 15:27
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