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
Rarely does an investment opportunity of this caliber arise in the heart of West Hollywood, one of Los Angeles' most coveted rental submarkets. This impeccably maintained 27-unit complex offers a sophisticated blend of vintage architectural charm and modern infrastructure, perfectly positioned to capture the high-income demographics of this supply-constrained neighborhood. The property boasts a highly functional and balanced unit mix - comprising (4) studios, (19) one-bedrooms, and (4) two-bedrooms - ensuring consistent cash flow through a strategic combination of steady turnover and long-term stability. Units are thoughtfully appointed with engineered wood flooring, upgraded double-pane windows, and improved sliding doors; eleven units feature private balconies, while select residences offer upgraded HVAC systems, including central air or Mitsubishi mini-splits. Perhaps the most significant competitive advantage is the expansive parking, offering 28 spaces (32 total spots), a rare luxury that far exceeds local standards and simplifies urban living for residents. On-site amenities further elevate the tenant experience, including a refreshing pool, controlled access, and owner-owned laundry facilities providing an additional revenue stream of approximately $400 per month. With primarily copper plumbing, separately metered utilities, and a reliable water heating system (including a 2017-installed 100-gallon unit), the property is engineered for low-maintenance ownership. Residents enjoy unparalleled proximity to the Sunset Strip, world-class entertainment studios, and the premier job centers of Beverly Hills and Century City, making this a true trophy asset for any discerning portfolio. Investment Highlights: • This impeccably maintained 27-unit complex represents a trophy asset in the heart of West Hollywood's high-demand and supply-constrained rental market • The property features a balanced mix of studios, one-bedroom, and two-bedroom units upgraded with engineere
Market Context
This multifamily in West Hollywood, CA is listed for sale. It is offered at an approximate 4.9% 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
- Sam Liberow · (818) 212-2795 · sam.liberow@marcusmillichap.com
- Sharone Sabar · (818) 212-2714 · sharone.sabar@marcusmillichap.com
Explore this market
Similar Multifamily Property for Sale in West Hollywood, CA
- 932 Arroyo Drive, South Pasadena, CA 91030 — $1.6M · South Pasadena, CA · 4,018 SF
- 770 St Louis — $2.3M · Long Beach, CA · 6,261 SF
- Cherry Blossom — $3M · Cherry Valley, CA · 7,640 SF
- 0 Buckskin, Saddleback Development — $245K · San Andreas, CA
- 1612 Flower Street — $545K · Bakersfield, CA · 3,024 SF
- Riverview Farms — $8.9M · Salinas, CA · 504,316 SF