Four-Unit Property with Separate
For Sale
$1,749,000
358 N San Vicente Blvd, West Hollywood, CA 90048
Freestanding front residence and rear triplex provide distinct living arrangements with on-site parking and laundry.
Property Size2,916 SF
Price / SF$599.79
Days on Market13
Property Features for 358 N San Vicente Blvd
General Information
Standard status
Active
Size
2,916 SF
Total Parking Spaces
3
Property subtype
MULTI_FAMILY
Units
Unit Mix
1 x 2BR/2.5BA, 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units
4
Additional Details
Gross Income
$55,352
Amenities
on-site laundry
Building Details
Building Size
2,916 SF
Year Built
1922
Buildings
2
Listing Agency:
Keller Williams Realty Los Feliz
Listed By:
Lori Harris · License #02132297
Source:
Carolinakramer
Added: Jul 24
Changed: Aug 3
Last Checked: Aug 5 at 5:11AM
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 Keller Williams Realty Los Feliz
Investment Insights
Based on property information with market context.
This 2916-SF quadplex, built in 1922, combines a separate front residence with a three-unit rear building. The front home includes two bedrooms, two-and-a-half baths, a fireplace, breakfast nook, living room, kitchen, and gated courtyard. The rear structure contains a renovated upper two-bedroom, one-bath residence with an open layout, built-in storage, dining area, and private balcony; a lower one-bedroom, one-bath unit; and a studio with its own kitchen and private shower bath. Two units are vacant, including the front residence and studio.
A side driveway connects to the rear building and provides parking for three vehicles. The property also includes an on-site laundry room. Located on N San Vicente Blvd in West Hollywood, the four-unit property is near Melrose Avenue, Beverly Boulevard, the Pacific Design Center, Urth Caffe, and local shopping, dining, and nightlife.
A side driveway connects to the rear building and provides parking for three vehicles. The property also includes an on-site laundry room. Located on N San Vicente Blvd in West Hollywood, the four-unit property is near Melrose Avenue, Beverly Boulevard, the Pacific Design Center, Urth Caffe, and local shopping, dining, and nightlife.
Key Highlights
- 2916 SF quadplex built in 1922
- Four‑unit configuration with a separate front residence and rear triplex
- Unit mix includes two 2‑bedroom residences, one 1‑bedroom unit, and one studio
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.7k | $27.00 |
| − Vacancy | −$6.0k | −$2.05 |
| EGI | $72.7k | $24.95 |
| − OpEx | −$21.8k | −$7.48 |
| NOI | $50.9k | $17.46 |
2,916 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$727.5K
$636.6K – $848.7K
NOI $50,924 @ 7.0% cap · market cap 2.91%
Second Best
Apartment 5plus
$670.3K
$586.5K – $782.0K
NOI $46,921 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,285 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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 - Freestanding front residence and rear triplex provide distinct living arrangements with on-site parking and laundry.
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 $1,749,000.
What are key features of this property?
This property features: 2916 SF quadplex built in 1922; Four‑unit configuration with a separate front residence and rear triplex; Unit mix includes two 2‑bedroom residences, one 1‑bedroom unit, and one studio
