8730-8736 Holloway Dr - Apartments FOR SALE


West Hollywood, CA 90069
$5,250,000 USD
818-292-1346
8730-8736 Holloway Dr, West Hollywood, CA for Sale
$5,250,000 USD
Apartments - FOR SALE
1/12
null | 5.61% 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. Each unit has its own water heater, and all units are separately metered for gas and electricity.

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$489 USD /SF

# OF UNITS

16

PRICE/UNIT

$328,125

CAP RATE

5.61%

% 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 Notice.