Located in the heart of West Hollywood, this 3-unit property is a standout opportunity for investors seeking income and long-term upside. The front house, a beautifully renovated 3 bedroom, 2 bathroom home updated within the past year, is complemented by a rear building of two identical stacked 2 bedroom, 2 bathroom units, each with access to covered carport parking. Every unit is currently leased, providing reliable and consistent income from day one with a current cap rate of about 5.03%. With market value rents, this property projects a cap rate of about 6.14%. Adding to the appeal, the property comes with plans for a 4-unit townhome development, giving the next owner a clear path toward future value creation. Ideally positioned near Santa Monica Blvd, this is a rare chance to own an income-producing asset with meaningful room to grow, just minutes from the shops and dining West Hollywood has to offer.
Additional Features
- Front Yard
- Two
- Parking spaces: 6.00
- Listing Status: Active
- Listing Agent: Jacob Greene
(lic# 01933997)
of Beverly Hills/Greater LA
- Listing Office: Douglas Elliman of California, Inc.
(lic# 01947727)
- CO-Listing Agent: Adam Armienta
(lic# 02139042)
of Beverly Hills/Greater LA
- CO-Listing Office: Douglas Elliman of California, Inc.
(lic# 01947727)
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Based on information from CRISNet MLS as of 19th September 2026 at 1:40am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
