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$ 3,850,000
Est. payment | /mo
9,581 SqFt
$ 3,850,000
Est. payment | /mo
9,581 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,581 sqft
Price per Sqft $401
MLS Listing ID CL26653665
HOA Y/N No
Year Built 1959
Lot Size 7,617 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
12-unit West Hollywood multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.71%, a 12.78 GRM and 4.77% cap rate, equating to approximately $320,833 per unit and $401 per square foot. Built in 1959, this low-density mid-century asset provides classic Los Angeles character and clear cosmetic value-add potential. Located within walking distance to Sunset Blvd, Melrose Ave, and Santa Monica Blvd, the property consistently attracts quality tenants in a highly desirable rental submarket. Assumable financing enhances returns and reduces acquisition debt risk.
Location
State CA
County Los Angeles
Zoning WDR4
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 5555004071
Virtual Tour https://drive.google.com/drive/folders/10HXbWcr1rjd1ZtVLbDwdQ_PcwI3mcDFS?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