Freestanding Quadplex with
For Sale
$1,699,000
358 N San Vicente Blvd, West Hollywood, CA 90048
Residential Income, California Bungalow, West Hollywood, CA
Property Size2,916 SF
Lot Size0.12 Acres
Price / SF$582.65
Days on Market47
Property Features for 358 N San Vicente Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
WDR1B*
Bedrooms
5
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 2, Bedroom 5, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 6, Bathroom 4, Bedroom 3
Parking features
Driveway
Fireplace
1
Directions
https://www.google.com/maps
Subdivision
West Hollywood Vicinity
Standard status
Active
APN
4337-020-005
Size
2,916 SF
Lot size
0.12 Acres
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
on-site laundry
Building Details
Year built
1922
Floors in Building
2
Number of units
4
Architectural style
Bungalow
Listing Agency:
Keller Williams Realty Los Feliz
(323) 300-1000
Listed By:
Lori Harris · License #02132297
(818) 515-1118
Added: Jul 24
Changed: Aug 31
Last Checked: Sep 8 at 8:06AM
MLS# 26859245
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,916-square-foot quadplex on a 0.1244-acre parcel combines a freestanding front bungalow with a separate rear triplex. Built in 1922, the property includes a two-bedroom, two-and-a-half-bath front residence with a gated courtyard, fireplace, breakfast nook, living room, and kitchen. The rear structure contains a renovated upstairs two-bedroom, one-bath unit, a lower one-bedroom, one-bath unit, and a studio with its own kitchen and private shower bath. Two units are currently vacant.
A side driveway connects to the rear building and provides parking for three vehicles. Additional improvements include an on-site laundry room, mature ficus hedging, and a gated entrance. The property is located at 358 N San Vicente Blvd in West Hollywood, near Melrose Avenue, Beverly Boulevard, the Pacific Design Center, Urth Caffe, and local shopping, dining, and nightlife. Zoning is WDR1B*.
A side driveway connects to the rear building and provides parking for three vehicles. Additional improvements include an on-site laundry room, mature ficus hedging, and a gated entrance. The property is located at 358 N San Vicente Blvd in West Hollywood, near Melrose Avenue, Beverly Boulevard, the Pacific Design Center, Urth Caffe, and local shopping, dining, and nightlife. Zoning is WDR1B*.
Key Highlights
- Four‑unit configuration with a detached front residence and separate rear triplex
- 2,916 SF building area on a 0.1244‑acre parcel
- Front bungalow includes 2 bedrooms, 2.5 baths, fireplace, breakfast nook, and gated courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,924
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,018,480
$1.0M
Cap Rate 7%
$727,486
$727.5K
Cap Rate 9%
$565,822
$565.8K
Market Conditions
NOI Build-Up for 2,916 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$78.7K $27.00/SF
− Vacancy
−$6.0K −$2.05/SF
EGI
$72.7K $24.95/SF
− OpEx
−$21.8K −$7.48/SF
NOI
$50.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,018,480
Cap Rate 7%
$727,486
Cap Rate 9%
$565,822
Alternative Uses
Best Use
Multifamily LT 5
$727.5K
$636.6K – $848.7K
NOI $50,924 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$670.3K
$586.5K – $782.0K
NOI $46,921 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,285 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
9,015
Businesses Nearby
Explore this area
Business Placement
Demographics for 90048, CA
22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Front and rear buildings offer distinct residential layouts, gated outdoor space, and driveway parking.
Where is this quadplex located?
The property is located at 358 N San Vicente Blvd West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Four‑unit configuration with a detached front residence and separate rear triplex; 2,916 SF building area on a 0.1244‑acre parcel; Front bungalow includes 2 bedrooms, 2.5 baths, fireplace, breakfast nook, and gated courtyard
