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900 N Orange Grove Ave 20 Unit Apartment Building $5,526,949 ($276,347/Unit) 3.99% Cap Rate West Hollywood, CA 90046



Investment Highlights
- 1st Time to be Sold in Over 38 Years!
- Secured Gated Entry with Intercom System
- Approximately Over 40% Rental Upside!
- Excellent Unit Mix offering Studio, 1 & 2 Bedroom Units
- Spacious Units Averaging Approx. 728 SF Each
- Property Offers Swimming Pool, On Site Laundry & Parking For Tenants
Executive Summary
900 N Orange Grove Avenue presents the opportunity to acquire a multifamily asset in West Hollywood, one of Southern California's most established and sought-after residential markets. Positioned near the intersection of West Hollywood, Beverly Grove, and the Fairfax District, the property benefits from exceptional access to employment centers, lifestyle amenities, and major commercial corridors throughout the Los Angeles metropolitan area.
The property is situated within a highly walkable neighborhood known for its mix of residential character, entertainment venues, boutique retail, and acclaimed dining destinations. Residents enjoy proximity to Melrose Avenue, Santa Monica Boulevard, Sunset Boulevard, The Grove, Beverly Center, and numerous neighborhood-serving amenities that continue to attract both local residents and visitors. The surrounding area supports consistent residential demand due to its central location and access to a wide variety of cultural, recreational, and commercial offerings.
West Hollywood's location provides connectivity to Beverly Hills, Century City, Hollywood, Mid-Wilshire, and Downtown Los Angeles via major transportation corridors and surface streets. The area is supported by diverse employment drivers including entertainment, media, healthcare, professional services, technology, and hospitality industries. Continued demand for housing, limited development opportunities, and strong neighborhood appeal have helped sustain West Hollywood's position as one of the region's premier residential investment markets.
For investors seeking multifamily ownership in a high-barrier-to-entry submarket, 900 N Orange Grove Avenue offers a location supported by long-term residential demand, walkable amenities, and access to some of the most influential economic and cultural centers in Southern California.
The property is situated within a highly walkable neighborhood known for its mix of residential character, entertainment venues, boutique retail, and acclaimed dining destinations. Residents enjoy proximity to Melrose Avenue, Santa Monica Boulevard, Sunset Boulevard, The Grove, Beverly Center, and numerous neighborhood-serving amenities that continue to attract both local residents and visitors. The surrounding area supports consistent residential demand due to its central location and access to a wide variety of cultural, recreational, and commercial offerings.
West Hollywood's location provides connectivity to Beverly Hills, Century City, Hollywood, Mid-Wilshire, and Downtown Los Angeles via major transportation corridors and surface streets. The area is supported by diverse employment drivers including entertainment, media, healthcare, professional services, technology, and hospitality industries. Continued demand for housing, limited development opportunities, and strong neighborhood appeal have helped sustain West Hollywood's position as one of the region's premier residential investment markets.
For investors seeking multifamily ownership in a high-barrier-to-entry submarket, 900 N Orange Grove Avenue offers a location supported by long-term residential demand, walkable amenities, and access to some of the most influential economic and cultural centers in Southern California.
Property Facts
| Price | $5,526,949 | Apartment Style | Low-Rise |
| Price Per Unit | $276,347 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 3.99% | Building Size | 14,556 SF |
| Gross Rent Multiplier | 10.38 | No. Stories | 2 |
| No. Units | 20 | Year Built | 1957 |
| Property Type | Multifamily | Parking Ratio | 0.96/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | WDR3C* - Restricted Density Multiple Dwelling | ||
| Price | $5,526,949 |
| Price Per Unit | $276,347 |
| Sale Type | Investment |
| Cap Rate | 3.99% |
| Gross Rent Multiplier | 10.38 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 14,556 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | WDR3C* - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 520 |
| 1+1 | 13 | - | 720 |
| 2+1 | 2 | - | 900 |
| 2+2 | 1 | - | 900 |
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Very walkable
80/100
Fairly drivable
50/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5530-026-019 | Improvements Assessment | $1,821,964 |
| Land Assessment | $1,439,133 | Total Assessment | $3,261,097 |
Property Taxes
Parcel Number
5530-026-019
Land Assessment
$1,439,133
Improvements Assessment
$1,821,964
Total Assessment
$3,261,097
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900 N Orange Grove Ave
