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$ 5,350,000
Est. payment | /mo
15,288 SqFt
$ 5,350,000
Est. payment | /mo
15,288 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 15,288 sqft
Price per Sqft $349
MLS Listing ID CL26653689
HOA Y/N No
Year Built 1957
Lot Size 0.308 Acres
Acres 0.31
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Zoning WDR3A*
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 4337013043
Virtual Tour https://drive.google.com/drive/folders/1L-BzqRFmhPw8qSLShe1dkFiyIZTlmJNS?usp=drive_link
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by David Miller • Miller & Desatnik Realty Co.
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Debbi DiMaggio Betta
REALTOR | Partner | Lic# 01047447