12-unit West Hollywood multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.71%, a 12.78 GRM and 4.77% cap rate, equating to approximately $320,833 per unit and $401 per square foot. Built in 1959, this low-density mid-century asset provides classic Los Angeles character and clear cosmetic value-add potential. Located within walking distance to Sunset Blvd, Melrose Ave, and Santa Monica Blvd, the property consistently attracts quality tenants in a highly desirable rental submarket. Assumable financing enhances returns and reduces acquisition debt risk.
Days on market: 1
Listing updated: March 10, 2026 - 05:02:03
Listed by: David Miller DRE #02105346 , Miller & Desatnik Realty Co. - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-L02710 Originating MLS: CRMLS
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