833 Westmount Drive

West Hollywood, CA 90069

$2,195,000
Price
4
Beds
4
Baths
2,572 Sq. Ft.
$853 / Sq. Ft.
2,572
Sq. Ft.
$853
per Sq. Ft.

Description

OPEN TUESDAY 5/7 10am-12pm, units will be available for viewing. First time available in decades! Fourplex in prime WeHo pocket between Melrose and Santa Monica Blvd., central to everything this exclusive area has to offer. Four 1-bed 1-bath units in a quiet setting, set back from the street with private patios and yards. 100% occupied with about 30% upside in rents and opportunity add ADUs at the rear of property (buyer to verify). Separately metered and offered an 18 GRM this won't last. Walk to...OPEN TUESDAY 5/7 10am-12pm, units will be available for viewing. First time available in decades! Fourplex in prime WeHo pocket between Melrose and Santa Monica Blvd., central to everything this exclusive area has to offer. Four 1-bed 1-bath units in a quiet setting, set back from the street with private patios and yards. 100% occupied with about 30% upside in rents and opportunity add ADUs at the rear of property (buyer to verify). Separately metered and offered an 18 GRM this won't last. Walk to Melrose, Santa Monica Blvd., La Cienega and the PDC. Dozens of bars, restaurants, boutiques and nightlife options just a block or two away. Please do not walk on property or disturb tenants.
  1. Listed by Adam Peterson • DRE #01815802 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Property Details for 833 Westmount Drive

Zoning
R3A
Style
Traditional
Parcel Number
4337007066
Total Units
4.0
Living Area
2572
Source Living Area
Vendor Enhanced
Area
West Hollywood Vicinity (C10)
Vacancy Rate
0

Open Houses

Tuesday, May 7th

10:00 AM - 12:00 PM

PublicView Details

Location

Listing Courtesy of CB Richard Ellis, Inc., Adam Peterson, DRE #01815802
Add your commute
LISTING UPDATED: 05/01/2024 07:31 PM

Property Details for 833 Westmount Drive

StatusActive
MLS #24-359877
Days on Market86
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.16 AC / 6,966 SF
CountyLos Angeles County

Location

Listing Courtesy of CB Richard Ellis, Inc., Adam Peterson, DRE #01815802
Add your commute

Building Information for 833 Westmount Drive

Stories2Residences-Year Built1936Building Size-Lot Size0.16 AC / 6,966 SF

Payment Calculator

$11,979 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,979

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 833 Westmount Drive

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
  • Direction Faces: East
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $117,710
  • Net Operating Income: $71,448.00
  • Gross Income: $121,351
  • Gross Rent Multiplier: $18.13
  • Actual Annual Gross Rent: $121,351.00
  • Vacancy Allow Percent: 3.00%
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 46263
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1599
  • Lot Size Square Feet: 6966
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 3
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central, Window Unit(s)
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Built-Ins, Gas Or Electric Dryer Hookup, Stackable W/D Hookup, Range/Oven, Refrigerator
  • Common Walls: Attached
  • Laundry: Stackable
Exterior Features
Exterior Features
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-19-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,528.00
  • Unit Actual Rent: $10,113.00
  • Unit Projected Rent: $13,200.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $134,255.00
  • Assessed Improvement Percent: 31.84
  • Assessed Land Value: $287,405.00
  • Assessed Land Percent: 68.16
  • Assessed Total Value: $421,660.00

Property History for 833 Westmount Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 833 Westmount Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Hubert Howe Bancroft Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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833 Westmount Drive is a multi-family home for sale in West Hollywood, CA 90069. This property was listed for sale on February 9, 2024 by CB Richard Ellis, Inc., it's currently listed at $2,195,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Rosewood Avenue Elementary School, School for Advanced Studies, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 833 Westmount Drive is a 4-bed, 4-bath, 2,572 sqft multi-family home built in 1936.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Adam Peterson, DRE #01815802

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.