Eight-Unit Apartment
For Sale
$1,995,000
904 N Spaulding Ave, West Hollywood, CA 90046
West Hollywood multifamily asset with varied unit layouts and rear parking.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market19
Property Features for 904 N Spaulding Ave
General Information
Standard status
Active
Net Rentable
5,132 SF
Total Parking Spaces
6
Lot size
0.15 Acres
Property subtype
Multifamily
Units
Unit Mix
1 x studio, 6 x 1BR/1BA, 1 x 2BR/1.5BA
Multifamily Units
8
Additional Details
Cap Rate
5.22%
Amenities
SELLER FINANCING AVAILABLE: Seller financing is available with 50% down as an optional financing structure and is not required as a condition of the sale.
5.22% CAP RATE | 8.03% STABILIZED CAP RATE: Attractive day-one cash flow with over 37% rental upside and the potential to achieve an 8.03% cap rate at projected market rents.
EIGHT UNITS | ±5,132 RENTABLE SF: Features approximately ±5,132 square feet of rentable space with (1) Studio, (6) 1 Bedroom/1 Bath, and (1) 2 Bedroom/1.5 Bath units.
Building Details
Year Built
1957
Units
8
Listing Agency:
Inland Empire Office
Listed By:
Sebastian Diaz · License #License(s): CA: 02109872
(213) 943-1839
Source:
Marcusmillichap
Added: Aug 30
Changed: Sep 7
Last Checked: Sep 15 at 4:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Inland Empire Office
Investment Insights
Based on property information with market context.
This 1957 multifamily property contains eight apartments across approximately 5,132 rentable square feet on a 6,421-square-foot lot. The configuration includes one studio, six one-bedroom/one-bathroom apartments, and one two-bedroom/one-and-a-half-bathroom apartment. Six parking spaces are positioned at the rear of the property. The site may also offer potential for ADU development and additional units, subject to buyer verification.
The property is located just south of Santa Monica Boulevard in West Hollywood, with access to employment centers, restaurants, retail, nightlife, and entertainment in West Hollywood, Beverly Hills, Hollywood, and the broader Los Angeles area. The offering reflects a 5.22% cap rate and more than 37% rental upside, with an 8.03% stabilized cap rate based on projected market rents. Optional seller financing is available with 50% down.
The property is located just south of Santa Monica Boulevard in West Hollywood, with access to employment centers, restaurants, retail, nightlife, and entertainment in West Hollywood, Beverly Hills, Hollywood, and the broader Los Angeles area. The offering reflects a 5.22% cap rate and more than 37% rental upside, with an 8.03% stabilized cap rate based on projected market rents. Optional seller financing is available with 50% down.
Key Highlights
- Eight‑unit apartment property built in 1957
- Approximately 5,132 rentable square feet on a 6,421‑square‑foot lot
- Unit mix: (1) studio, (6) one‑bedroom/one‑bathroom, and (1) two‑bedroom/one‑and‑a‑half‑bathroom
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 90046, CA
49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - West Hollywood multifamily asset with varied unit layouts and rear parking.
Where is this apartment building located?
The property is located at 904 N Spaulding Ave West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Eight‑unit apartment property built in 1957; Approximately 5,132 rentable square feet on a 6,421‑square‑foot lot; Unit mix: (1) studio, (6) one‑bedroom/one‑bathroom, and (1) two‑bedroom/one‑and‑a‑half‑bathroom
