Listing provided courtesy of David Miller of Miller & Desatnik Realty Co.. Last updated 2026-03-11 08:11:24.000000. Listing information © 2026 CLAW.
Asking Price: $2,850,000
813 Westmount, West Hollywood CA 90069
Community: C10 - West Hollywood Vicinity
This property was built in 1958 and is priced at $2,850,000. Please see the additional details below.
813 Westmount Drive presents a 9-unit multifamily investment opportunity in prime West Hollywood, one of Southern California's most supply-constrained and high-demand rental submarkets. The offering features highly attractive 2.69% interest-only assumable financing through December 2030, delivering an approximate 7.69% cash-on-cash return and strong day-one leveraged cash flow. The asset generates stable in-place income at a 12.59 GRM and 4.61% cap rate, equating to approximately $316,667 per unit and $438 per square foot well below estimated replacement cost in this premier West Hollywood location.Built in 1958, the property is a classic late-1950s mid-century courtyard-style building with clean architectural lines and efficient unit layouts. Additional upside exists through interior modernization and strategic capital improvements, offering clear value-add potential while preserving the asset's architectural character.Favorable assumable financing enhances investor yield and materially reduces acquisition financing risk.







