Property Detail
Description
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.
Map Location
Listing provided courtesy of Jacob Greene of Douglas Elliman of California, Inc.. Last updated 2026-08-29 08:12:30.000000. Listing information © 2025 CRMLS.
San Diego Office:
6904 Federal Blvd.
Lemon Grove, CA 91945
(619) 825-9560
Temecula/Murrieta Office:
29910 Murrieta Hot Springs Rd. Ste E
Murrieta, CA 92563
(951) 677-0083
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
Destiny Six Financial
Destiny Six Financial is a family-owned and operated, real estate and mortgage company. We have been serving Southern California for over 20+ years. At Destiny Six Financial, we strive to treat every client with the respect and personal service that you deserve. We understand the big commitment you are making in buying or selling a home, refinancing a mortgage, or cashing out your home equity, and we are here to make that journey an easy process for you.
Call us today at one of our convenient locations:
San Diego Office: 619.825.9560
Temecula/Murrieta Office: 951.677.0083
San Diego: 6904 Federal blvd. Lemon Grove ca. 91945
Temecula: 29910 Murrieta Hot Springs Rd. Ste E. Murrieta ca 92563
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
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