$6,850,000
816 Westmount Drive, West Hollywood CA 90069
Multi-Family (18 Units)
Property type
99 days
On market
$300
Price per sqft
N/A
Garage
1973
Year built
11,510 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: David Miller DRE #02105346 323-948-7507, Miller & Desatnik Realty Co., Errol Spiro DRE #00893163 310-202-9166, Miller & Desatnik Realty Co.
Listing updated: Mar 17, 2026 at 07:21am.
Last checked: Jun 14, 2026 at 06:00am
Source: CRMLS #26653679
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 18 | 2 | 2 | — | $2,567 | $2,567 | $3,371 | Unfurnished |
# of Buildings: 1
# of Units Total: 18
Refrigerator: 18
Financial Snapshot
Gross Rent Multiplier
12.2x
List Price / Annual Gross Rent
Cap Rate
4.57%
NOI / List Price
Net Operating Income: $313,126
Interior
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 0
Levels: Two
Garage and Parking
Parking: Gated
Parking Total: 22
Lot Information
Land Lease: No
Parcel #: 4337005060
Zoning: WDR2*
Community
HOA: No
Senior Community: No