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1211 Horn Ave
West Hollywood, CA 90069
Multifamily Property For Sale
·
16 Units
Executive Summary
1211 Horn Ave presents a compelling multifamily investment opportunity in prime West Hollywood, one of Los Angeles’ most desirable and supply-constrained rental markets. The property offers stable in-place income with potential for future rent growth, supported by its central location near Santa Monica Boulevard and premier dining, retail, and entertainment amenities. Positioned in a high-demand submarket with strong long-term fundamentals, this asset is ideal for investors seeking dependable cash flow and long-term appreciation.
Property Facts
| Price Per Unit | $359,375 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 2.38% | Lot Size | 0.19 AC |
| Gross Rent Multiplier | 12.47 | Building Size | 19,680 SF |
| No. Units | 16 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Zoning | R4, West Hollywood - R4 zoning permits high-density multifamily residential use, consistent with surrounding West Hollywood properties and established apartment use. | ||
| Price Per Unit | $359,375 |
| Sale Type | Investment |
| Cap Rate | 2.38% |
| Gross Rent Multiplier | 12.47 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 19,680 SF |
| No. Stories | 4 |
| Year Built | 1964 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R4, West Hollywood - R4 zoning permits high-density multifamily residential use, consistent with surrounding West Hollywood properties and established apartment use. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 850 |
| 2+2 | 8 | - | 1,250 |
Property Taxes
| Parcel Number | 5560-022-027 | Improvements Assessment | $2,850,126 |
| Land Assessment | $3,677,587 | Total Assessment | $6,527,713 |
Property Taxes
Parcel Number
5560-022-027
Land Assessment
$3,677,587
Improvements Assessment
$2,850,126
Total Assessment
$6,527,713
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