Multifamily Property for Sale in West Hollywood, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: West Hollywood, CA 90046

Description

Marcus and Millichap is pleased to present a ten (10) unit apartment building located at 1015 N Vista St in West Hollywood, California. The subject property is located in a prime West Hollywood location, just south of Santa Monica Blvd and west of La Brea Ave. Located in prime West Hollywood, this rare, fully renovated 10-unit asset offers an ideal unit mix of eight one-bedroom and two two-bedroom apartments. Units were recently renovated with stainless steel appliances, in-unit washer/dryers, wide plank flooring, new windows, private patios, and open-concept layouts, with bathrooms upgraded to modern finishes. The property includes gated, on-grade parking. Positioned near key corridors such as Santa Monica Blvd, La Brea Ave, Fairfax Ave, and Sunset Blvd, the asset provides immediate access to premier dining, retail, and nightlife, as well as the Sunset Strip and Hollywood Entertainment District, making it highly attractive to renters seeking a vibrant, amenity-rich location. Extensive capital expenditures, combined with a premier West Hollywood location, position the asset to command high market rents while offering investors a turnkey opportunity with strong long-term upside. Investment Highlights: • Prime West Hollywood Location • 8 of 10 Units Luxuriously Renovated with Stainless Steel Appliances, Washer and Dryer, Wide Plank Flooring Throughout, New Windows, Private Patio, and an Open Floor Plan • Bathrooms Updated with Modern Vanities and Tiles, Bathtubs, and Hardware • Private Patios or Balconies in Each Unit • Rare Fully Renovated West Hollywood Asset with Remaining Upside • 2 Legacy Tenants and 8 Tenants Trailing Market Rents by ~15% • 9 Garage Spaces • Good Unit Mix - Eight (8) One-Bedroom and Two (2) Two-Bedroom Units

Market Context

This multifamily in West Hollywood, CA is listed for sale. It is offered at an approximate 5.9% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in West Hollywood, CA — <a href="/search/sale/multifamily/california/west-hollywood">view the full market</a>.

Contact

Explore this market

Similar Multifamily Property for Sale in West Hollywood, CA