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  • 816 Westmount Drive

816 Westmount Drive, West Hollywood, CA 90069

$6,850,000 Approx. USD 36 beds, 37 baths
22,800 sqft

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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Text Me
Call My Cell
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Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
Phone: 949-499-5900
Fax: 949-499-1414
 Laguna Beach 30812 South Coast Hwy
Laguna Beach, CA 92651
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Fax: 949-499-1414
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Listing Agent


David Miller | davemiller@mdrealtycorp.com
Lic#: 02105346
Broker: Courtesy of Miller & Desatnik Realty Co.
Phone: 323-948-7507

Co Listing Agent


Errol Spiro | errol@mdrealtycorp.com
Lic#: 00893163
Broker: Courtesy of Miller & Desatnik Realty Co.
Phone: 310-202-9166

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26653679
Price: $6,850,000
Beds: 36
Baths: 37
Built in 1973
22,800 sqft
2 stories
0.26 acres
Lot size: 0.2642
County: Los Angeles
Zoning: WDR2*
Appliances: Refrigerator
Parking description: Gated
Heating description: Wall Furnace
MLS area: C10 - West Hollywood Vicinity

Last Updated: 6/10/2026

 Days On Market (DOM): 101

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This listing belongs to the C10 - West Hollywood Vicinity MLS area

Lat/Long: 34.085541, -118.378300.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Rachelle Levin

Rachelle Levin REALTOR® - Sales Associate 949-793-2010 m
949-793-2010 o
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01924622
NRDS ID: 463514645
rlevin@bhhscal.com
Laguna Beach Office
30812 South Coast Hwy
Laguna Beach, CA 92651
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