816 Westmount Dr,
West Hollywood, CA 90069
在售房 $6,850,000 ($685萬)
卧室: 36 浴室: / 其他類型
房屋信息

其他類型

22800平方英呎
(2,118平方米)

11510 平方英呎
(1,069平方米)

1973 年

0

22 停車位

暖: WL

2026年03月09日
已上市 149 天

地產編號: 26653679
所處郡縣: LA
面積單價:$300.44/sq.ft ($3,234 / 平方米)
家用電器:RF
車位類型:GP
房屋簡介

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, and strong operational fundamentals. The larger unit count offers meaningful economies of scale and the opportunity to implement a strategic renovation program to drive rental repositioning and long-term NOI growth. Favorable assumable financing enhances investor yield and mitigates acquisition financing risk, positioning the property as a compelling value-add opportunity within one of Los Angeles County's most supply-constrained rental submarkets.

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