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$6,850,000
9 Days On Site

816 Westmount Drive
West Hollywood, CA 90069

For Sale|Residential Income|Active
36
Beds
37
Total Baths
22,800
SqFt
$300
/SqFt
1973
Built
County:
Los Angeles
Listed by David Miller of Miller & Desatnik Realty Co. davemiller@mdrealtycorp.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
816 Westmount Drive816 Westmount Drive816 Westmount Drive816 Westmount Drive
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Mortgage Calculator

Monthly Payment (Est.)

$31,253
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$6,850,000
Days On Site 
9 Days
Bedrooms 
36
Inside Area (SqFt) 
22,800 sqft
Total Baths 
37
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2642 Acres
Year Built 
1973
MLS® Number 
26653679
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.2642
Levels 
Two
Number Of Stories 
2
Parking 
Gated
Parking Spaces 
22
Special Circumstances 
Standard
SqFt Total 
22800
Zoning 
WDR2*
Interior Features
Appliances 
Refrigerator
Heating 
Wall Furnace
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Community Features
MLS Area 
C10 - West Hollywood Vicinity


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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$6,850,000
9 Days On Site

816 Westmount Drive
West Hollywood, CA 90069

For Sale|Residential Income|Active
36
Beds
37
Total Baths
22,800
SqFt
$300
/SqFt
1973
Built
County:
Los Angeles
Listed by David Miller of Miller & Desatnik Realty Co. davemiller@mdrealtycorp.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
816 Westmount Drive816 Westmount Drive816 Westmount Drive816 Westmount Drive
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$31,253
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$6,850,000
Days On Site 
9 Days
Bedrooms 
36
Inside Area (SqFt) 
22,800 sqft
Total Baths 
37
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2642 Acres
Year Built 
1973
MLS® Number 
26653679
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.2642
Levels 
Two
Number Of Stories 
2
Parking 
Gated
Parking Spaces 
22
Special Circumstances 
Standard
SqFt Total 
22800
Zoning 
WDR2*
Interior Features
Appliances 
Refrigerator
Heating 
Wall Furnace
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
C10 - West Hollywood Vicinity


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
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Tour
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