8730-8736 Holloway Dr - Apartments FOR SALE


West Hollywood, CA 90069
$5,605,000 USD
818-292-1346
8730-8736 Holloway Dr, West Hollywood, CA for Sale
$5,605,000 USD
Apartments - FOR SALE
1/12
null | 5.18% Cap Rate

8730-8736 Holloway Dr
West Hollywood, CA 90069


HIGHLIGHTS

  • A+ West Hollywood Location
  • Dense, walkable, amenity-rich environment with high barriers to entry
  • Strong rental demand driven by entertainment, hospitality, tech, and creative sectors
  • World-class dining, retail, nightlife, and cultural attractions
  • 7 Vacant Units

OVERVIEW

Paloma Realty Partners is proud to present 8730–8736 Holloway Drive, a 16-unit value- add multifamily offering located in the heart of West Hollywood—just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling ±10,744 SF of rentable space, situated on a ±12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood’s premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces (12 covered, 4 open) and is located within walking distance to popular hotspots, keeping the neighborhood in high demand among affluent renters.

FOR SALE DETAILS

PRICE

$5,605,000 USD

PRICE/SF

$522 USD /SF

# OF UNITS

16

PRICE/UNIT

$350,313

CAP RATE

5.18%

% LEASED

56%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R4

APN/PARCEL ID

4339-009-001,4339-009-002

ASK ABOUT THIS PROPERTY

Adam KanizoPaloma Realty PartnersMore Info
818-292-1346

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Adam KanizoPaloma Realty PartnersMore Info
818-292-1346

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