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Property profile

618 Westbourne Dr West Hollywood, CA 90069

OFF-MARKET
Land
Property ID
US09-9552846
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Property summary

AI-generated overview

This exceptional West Hollywood development presents an unparalleled investment opportunity. Located just north of Melrose Avenue, between San Vicente and La Cienega Boulevards, this project comprises four luxurious townhome apartments, each boasting substantial living space and private garages. Units range in size from 2,361 to 3,079 square feet, offering a combined 10,544 square feet of living area. Each home features a chef's kitchen, spacious great room, powder room, and en-suite bathrooms. Front units include a study and porch. Private roof decks, ranging from 312 to 532 square feet, add to the luxurious appeal. The two-story design, avoiding subterranean parking, reflects a cost-effective construction approach. The property sits on a 12,150 square foot lot (APN 4337-008-164, created by merging 4337-008-050 & 4337-008-127) and is zoned WeHo R2. Its prime location offers easy access to renowned restaurants, upscale shopping, vibrant nightlife, and cultural attractions. The high barrier to entry in this coveted West Hollywood submarket makes this a truly unique and valuable asset. A potential condo conversion adds further investment upside. Asking price: $4,200,000.

Property profile

Verified
Property type Land
UPID US09-9552846

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

618 Westbourne Dr West Hollywood, CA 90069
West Hollywood metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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