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20-Unit Courtyard Apartment Building
For Sale
Contact for pricing
Pending

813 Westbourne Dr, West Hollywood, CA 90069

Mid-century courtyard apartment building with 20 one-bedroom, one-bath units, built in 1957.

Property SizeContact for details
Days on Market183

Property Features for 813 Westbourne Dr

General Information

Standard status Pending
Property subtype Multifamily
Zoning WDR3A*

Building Details

Year Built 1957
Buildings 1
Stories 2
Units 20
Listing Agency: Miller & Desatnik Realty Corp
Listed By: Errol Spiro · License #CA 00893163
Source: Crexi
Added: Mar 10 Changed: Aug 26 Last Checked: Aug 25 at 8:17PM

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 Miller & Desatnik Realty Corp

Investment Insights

Based on property information with market context.

This 20-unit multifamily investment is a built-in-1957, mid-century courtyard apartment building offering all one-bedroom, one-bath units. The property’s courtyard layout supports a residential feel, with reported value-add potential through interior renovations.

Located in West Hollywood, the building is approximately 15,288 square feet and sits on a 13,399 square foot lot. The lot is described as WDR3A-zoned.

The offering includes 2.69% interest-only assumable financing through December 2030, with the remarks citing strong in-place income performance, including a reported 12.50 GRM and 4.54% cap rate, based on the provided figures.

Key Highlights

  • 20‑unit multifamily built in 1957, with all units configured as 1‑bedroom, 1‑bath residences
  • 15,288 SF building on a 13,399 SF lot zoned WDR3A
  • Mid‑century courtyard layout designed for a rental‑focused setting

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Fish Market Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,184
Businesses Nearby

Demographics for 90069, CA

20,584
Population
15,160
Households
1.4
Avg Household Size
44
Median Age
72%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
9,356
Density / Sq Mi
$110,705
Median Household Income
$80,535
Median Earnings
$2,230
Median Rent
$1,085,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mid-century courtyard apartment building with 20 one-bedroom, one-bath units, built in 1957.
Where is this apartment building located?
The property is located at 813 Westbourne Dr West Hollywood, CA.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: 20‑unit multifamily built in 1957, with all units configured as 1‑bedroom, 1‑bath residences; 15,288 SF building on a 13,399 SF lot zoned WDR3A; Mid‑century courtyard layout designed for a rental‑focused setting
(310) 202-9166 Call to check price and availability
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