Description
A renovated 10-unit multifamily investment in a prime West Hollywood location south of Santa Monica Boulevard and west of La Brea Avenue. The 8,094-square-foot building contains eight one-bedroom residences and two two-bedroom/two-bathroom residences on an approximately 6,643-square-foot lot. Nine gated, on-grade parking spaces support the resident experience.
Eight residences have received extensive interior upgrades, including stainless-steel appliances, in-unit washers and dryers, wide-plank flooring, updated windows, modern kitchens and bathrooms, and open-concept layouts. Select residences also offer private patios. The property's location provides convenient access to the Sunset Strip, Hollywood entertainment district, dining, retail, and major employment corridors.
With a largely renovated unit mix, established operating history, and remaining rent-growth potential, the asset offers investors a turnkey multifamily opportunity in a high-demand infill market. Any future accessory dwelling unit plans, permits, or development potential should be independently confirmed by the buyer with the appropriate agencies.
Offering Summary
- Asking Price$3,250,000
- Price PSF$401.53
- Price/Unit$325,000
- Property TypeMultifamily
- Size8,094 SF
- Occupancy100%
- Properties10 Units
- Built1962
- Parking9 Spaces
- Total Acres~0.15 ac
Sale Details
- Cap Rate5.92%
- NOI$192,400
- GRM11.07
Documents
Property Address
Property Details
- Square Feet
8,094 SF - Property Type
Multifamily - Total Units
10 - Occupancy
100% - Year Built
1962 - Acres
0.15 - Zoning
R3B - APN
5531-023-019
Deal Team



