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727 Westbourne Dr
West Hollywood, CA 90069
47u | Prime WeHo | Under $400k/unit | · Multifamily Property For Sale
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47 Units
Investment Highlights
- OPEN HOUSE: Wednesday, February 9th from 11am-2pm
- Walkscore 93; Steps from the WeHo Library & Park, Pacific Design Center, Restoration Hardware, Pavilions Market
- Priced under $400k/unit; value-add potential ($500/u/mo rental upside); 3.4% Cap - 4.8% Proforma Cap
- Fantastic WeHo location – walk to trendy Melrose Avenue and Santa Monica Boulevard; Urth Café at the end of the block!
- Rooftop pool and spa with unobstructed views of the Hollywood Hills, Pacific Design Center & LA skyline
- Elevator bldg; New roof 2021; Unique features: Split-level floorplans; fireplaces (gas); separate dining areas; balconies; and walk-in closets
Property Facts
| No. Units | 47 | Building Size | 33,921 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1974 |
| Building Class | B | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | WDR2* | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.39 AC |
| Building Size | 33,921 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built | 1974 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | WDR2* |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Fireplace
- Heating
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Views
- Walk-In Closets
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Spa
- Gated
- Disposal Chutes
- Elevator
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 35 | - | 600 - 650 |
| 1+1 | 12 | - | 700 - 750 |
Property Taxes
| Parcel Number | 4337-011-065 | Improvements Assessment | $6,367,248 |
| Land Assessment | $14,909,972 | Total Assessment | $21,277,220 |
Property Taxes
Parcel Number
4337-011-065
Land Assessment
$14,909,972
Improvements Assessment
$6,367,248
Total Assessment
$21,277,220
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