726 Westmount Dr - Multi-Family FOR SALE


West Hollywood, CA 90069
$3,180,000 USD
310-968-5303
726 Westmount Dr, West Hollywood, CA for Sale
$3,180,000 USD
Multi-Family - FOR SALE
1/32
null | 4.19% Cap Rate

726 Westmount Dr
West Hollywood, CA 90069


HIGHLIGHTS

  • Two side-by-side 4-unit properties in prime West Hollywood, each with a separate APN
  • Located in one of the most prestigious and walkable neighborhoods in Los Angeles
  • Several of the units will be delivered vacant, allowing a buyer to immediately set top-of-market rents
  • Six of the eight units include in-unit washer and dryers
  • All of the units offer a semi-private outdoor space—an increasingly rare and desirable amenity
  • Combined lot size of 11,601 square feet, zoned R2, offering future redevelopment potential

OVERVIEW

Jonathan Taksa of The Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, Inc., is pleased to present a rare opportunity to acquire two side-by- side 4-unit properties, each with its own APN, located in one of the most prestigious pockets of West Hollywood. Operated and lovingly maintained by the same family for over 65 years, these pride-of-ownership assets offer a unique blend of stable in-place income, immediate upside, and long-term development potential. Built in 1939 and 1940, the properties are mid-century gems that reflect the charm, character, and architectural integrity of that era—an increasingly rare find in today’s market. Situated in the heart of vibrant West Hollywood, the properties are just steps from celebrated cafes, high-end retail, and iconic entertainment venues—offering residents a true walker's paradise and access to everything the neighborhood is known for. The lots are comprised of two buildings each, and each of those four total buildings house two thoughtfully designed 1-bedroom units with well-laid-out interiors that maximize livability and comfort. The units are flooded with natural light and feature vaulted ceilings, updated kitchens and flooring, and six of the eight include in- unit washer and dryers. All of the units offer a semi-private outdoor space—an increasingly rare and desirable amenity. The unit mix is ideally suited for the local tenant base, who value stylish living spaces and pedestrian convenience. With several of the units delivered vacant, a new owner has the rare opportunity to immediately achieve top-of-the-market rental rates. Additional features include six covered parking spaces in detached carports—each with an oversized storage cabinet—as well as updated electrical systems and pitched roofs. The combined lot size spans an impressive 11,601 square feet and is zoned R2, offering long-term redevelopment potential in one of Los Angeles’ most resilient and in-demand rental submarkets.

FOR SALE DETAILS

PRICE

$3,180,000 USD

PRICE/SF

$710 USD /SF

# OF UNITS

8

PRICE/UNIT

$397,500

CAP RATE

4.19%

% LEASED

37%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

722 & 766 Westmount Dr (Adjacent 4 Plexes)

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,601 SF

ZONING

-

APN/PARCEL ID

4337-004-054,4337-004-055

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.