884 Palm Ave - Apartments FOR SALE


West Hollywood, CA 90069
$13,650,000 USD
884 Palm Ave, West Hollywood, CA for Sale
$13,650,000 USD
Apartments - FOR SALE
1/27
null | 4.94% Cap Rate

884 Palm Ave
West Hollywood, CA 90069


OVERVIEW

Cosmopolitan Apartments offers a prime multifamily investment opportunity in the heart of West Hollywood, just steps from Santa Monica Boulevard. The property combines stable in-place income with upside potential through rent optimization, positioned in a high-demand, supply-constrained rental market with strong long-term fundamentals. Ideal for investors seeking either a value-add opportunity or a stable hold in one of Los Angeles’ most desirable submarkets.

FOR SALE DETAILS

PRICE

$13,650,000 USD

PRICE/SF

$404 USD /SF

# OF UNITS

29

PRICE/UNIT

$470,690

CAP RATE

4.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cosmopolitan Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1989

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,532 SF

ZONING

R4, West Hollywood

APN/PARCEL ID

4339-010-060

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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