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617 Westmount Dr 5 Unit Apartment Building $3,195,000 ($639,000/Unit) 5.07% Cap Rate West Hollywood, CA 90069
INVESTMENT HIGHLIGHTS
- Prime West Hollywood Location Just off Melrose Avenue.
- Walk To Catch LA, Craig’s, Restoration Hardware, Urth Cafe, & More.
- Lush Landscaping, Private Entrances, and Mature Tree-Lined Curb Appeal.
- All Units, Except the House, Are Currently Occupied.
- Fully-Updated With White Oak Floors, Modern Kitchen, Stainless Steel Appliances.
- Private Driveway + 4 Carport
EXECUTIVE SUMMARY
Step into, 617 Westmount Avenue, one of Los Angeles’s most coveted neighborhoods, with this rare and rewarding investment opportunity. This property is being sold in combination with 832 Hilldale Avenue West Hollywood, CA. Located just steps from the world-famous Melrose Avenue, this meticulously updated property features: 5 Total Residences on one lot. 1 Renovated Single-Family Home (front). 4 Detached 1BD/1BA Units (rear).
Located in the vibrant heart of West Hollywood. Surrounded by luxury shopping, five-star dining, and legendary nightlife, this turnkey asset is ideal for discerning investors looking to secure prime real estate in a high-demand, high-return area. Whether you're taking a stroll to Catch LA, sipping espresso at Urth Cafe, or browsing the Pacific Design Center, the location alone speaks volumes—boasting unmatched walkability and lifestyle appeal.
1 Renovated Single-Family Home
The front structure is a beautifully renovated single-family home that radiates curb appeal with a private entrance, lush landscaping, and a mature tree-lined street. Step inside to discover bright white oak flooring, a sleek modern layout, and a gourmet kitchen outfitted with stainless steel appliances.
4 Detached One Bedroom & 1 Bathroom Units
Behind the main residence lie four well-appointed, detached 1-bed/1-bath units—each with its own driveway—plus a 4-car carport, shared laundry, and ample storage. All units are currently tenant-occupied, offering immediate income and minimal vacancy risk. This is more than just property—it's a rare, fully leased gem in the heart of West Hollywood, blending timeless charm with smart investment potential.
* Drive-by only. Showing of the interior of the units only with an accepted offer. Do not disturb tenants. Contact Don Heller for questions at 424-655-3867. *
Located in the vibrant heart of West Hollywood. Surrounded by luxury shopping, five-star dining, and legendary nightlife, this turnkey asset is ideal for discerning investors looking to secure prime real estate in a high-demand, high-return area. Whether you're taking a stroll to Catch LA, sipping espresso at Urth Cafe, or browsing the Pacific Design Center, the location alone speaks volumes—boasting unmatched walkability and lifestyle appeal.
1 Renovated Single-Family Home
The front structure is a beautifully renovated single-family home that radiates curb appeal with a private entrance, lush landscaping, and a mature tree-lined street. Step inside to discover bright white oak flooring, a sleek modern layout, and a gourmet kitchen outfitted with stainless steel appliances.
4 Detached One Bedroom & 1 Bathroom Units
Behind the main residence lie four well-appointed, detached 1-bed/1-bath units—each with its own driveway—plus a 4-car carport, shared laundry, and ample storage. All units are currently tenant-occupied, offering immediate income and minimal vacancy risk. This is more than just property—it's a rare, fully leased gem in the heart of West Hollywood, blending timeless charm with smart investment potential.
* Drive-by only. Showing of the interior of the units only with an accepted offer. Do not disturb tenants. Contact Don Heller for questions at 424-655-3867. *
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $3,195,000 | Apartment Style | Low-Rise |
| Price Per Unit | $639,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 5.07% | Building Size | 2,901 SF |
| Gross Rent Multiplier | 16 | No. Stories | 2 |
| No. Units | 5 | Year Built/Renovated | 1937/2011 |
| Property Type | Multifamily | Parking Ratio | 1.72/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | WDR2 | ||
| Price | $3,195,000 |
| Price Per Unit | $639,000 |
| Sale Type | Investment |
| Cap Rate | 5.07% |
| Gross Rent Multiplier | 16 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,901 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1937/2011 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | WDR2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Granite Countertops
- Hardwood Floors
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Laundry Facilities
- Security System
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 580 |
| 2+2 | 1 | - | 580 |
1 1
Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 4337-008-020 | Improvements Assessment | $474,725 |
| Land Assessment | $2,403,698 | Total Assessment | $2,878,423 |
PROPERTY TAXES
Parcel Number
4337-008-020
Land Assessment
$2,403,698
Improvements Assessment
$474,725
Total Assessment
$2,878,423
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617 Westmount Dr
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