Prime West Hollywood Investment with Exceptional Upside
This stabilized 10-unit asset presents a rare combination of immediate income and future growth in one of Los Angeles’s most desirable multifamily markets. With rents currently below market and proven demand in the sub- market, the new owner has a clear path to substantial rental income expansion — up to 44% upside — making this a standout opportunity for both value growth and income stability.
High In-Place Cap Rate with Substantial Growth Potential
With a strong in-place CAP rate of 5.65%, this stabilized property offers compelling current returns alongside meaningful upside potential. The investment appeals to both income-focused and value-add buyers, with a clear path to increased rental revenue as unrenovated units are upgraded to match the quality of the recently modern- ized ones. Additional opportunities to strengthen NOI exist through strategic rent adjustments and professional management.
Well-Balanced Unit Mix with Some Upside Potential
The building’s unit mix strikes a strong balance between high-demand unit types. The eight 1+1’s serve as the core cash-flow engines, appealing to a broad renter profile and ensuring low vacancy. The one 2+2 and one 2+1 add diversification, attracting roommates and small families, which increases stability and reduces turnover risk over time. This mix supports both occupancy resilience and enhanced yield through targeted rent increases where justified by upgrades and market rents.
Seismic Retrofit & Structural Integrity
Unlike some other value-add assets in Los Angeles, the seismic retrofit has already been completed, eliminating a major project and cost burden for new owners. Combined with recent structural enhancements and energy-efficient upgrades, this building offers peace of mind and reduced risk for investors.
Modernized Asset with High Tenant Appeal
This property has undergone thoughtful renovations that elevate both its aesthetic and functional appeal. Featuring open floor plans, stainless steel appliances, in-unit washer/dryers, and stylish details like herringbone backsplashes, the updated interiors place the asset firmly at the top of its competitive set. Recent system up- grades and modern finishes not only reduce future capital expenditures but also position remaining units for rent premiums as they are brought to market.
Strong Tenant Demand & Low Vacancy
West Hollywood’s multifamily market benefits from robust rental demand driven by employment, lifestyle, and scarcity of quality housing stock. This property’s high-quality finishes and desirable location translate into low vacancy and consistent cash flow, even before full rent growth is realized.
Exceptional Demand Drivers
West Hollywood continues to thrive due to its cultural appeal, strong employment base, and limited new multi- family supply. Proximity to major job centers (Beverly Hills, Hollywood, Century City), premier dining and entertainment, and lifestyle amenities underpin both rent growth and long-term property valuation.