875 Westbourne Dr
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875 Westbourne Dr
1,612 SF 100% Leased Office Building West Hollywood, CA 90069 $2,200,000 ($1,365/SF) 3.88% Cap Rate
Investment Highlights
- A+ Location - Prime West Hollywood
Executive Summary
Excellent commercial Investment opportunity located in the heart of West Hollywood, just south of Santa Monica
Boulevard. 873 - 875 Westbourne Drive boasts four upgraded commercial units, each spanning 400 square feet, along with a 125-
square-foot shed. All units have been fully modernized with new glass windows, 8-foot glass storefront doors, mini-split air
conditioners, updated bathrooms, contemporary lighting, and new flooring. Additionally, the building features a Title 24 cool-roof
coating, a newly repaved parking lot, fresh exterior paint, and newly enhanced landscaping, ensuring a premium and appealing
property. This property also presents prime potential for repurposing or redevelopment for an owner user subject to City of West Hollywood regulations.
See attached brochure for information.
“Seller and Listing Broker do not guaranty the accuracy of the square footage, bedroom/bathroom count, lot size, or any other information concerning the features of the Property. All information provided was sourced from the seller and from public records. Buyer and Selling broker are advised to verify the accuracy of the information, and to independently determine whether the Property is suitable for Buyer’s proposed use.” .
Call or Text Steven for more information 3107703999 Please refrain from disrupting tenants
Boulevard. 873 - 875 Westbourne Drive boasts four upgraded commercial units, each spanning 400 square feet, along with a 125-
square-foot shed. All units have been fully modernized with new glass windows, 8-foot glass storefront doors, mini-split air
conditioners, updated bathrooms, contemporary lighting, and new flooring. Additionally, the building features a Title 24 cool-roof
coating, a newly repaved parking lot, fresh exterior paint, and newly enhanced landscaping, ensuring a premium and appealing
property. This property also presents prime potential for repurposing or redevelopment for an owner user subject to City of West Hollywood regulations.
See attached brochure for information.
“Seller and Listing Broker do not guaranty the accuracy of the square footage, bedroom/bathroom count, lot size, or any other information concerning the features of the Property. All information provided was sourced from the seller and from public records. Buyer and Selling broker are advised to verify the accuracy of the information, and to independently determine whether the Property is suitable for Buyer’s proposed use.” .
Call or Text Steven for more information 3107703999 Please refrain from disrupting tenants
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$101,536
|
$62.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$101,536
|
$62.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $101,536 |
| Annual Per SF | $62.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $101,536 |
| Annual Per SF | $62.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
1,612 SF
Building Class
C
Year Built
1972
Price
$2,200,000
Price Per SF
$1,365
Cap Rate
3.88%
NOI
$85,265
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,612 SF
Slab To Slab
11’
Building FAR
0.37
Lot Size
0.10 AC
Zoning
WDC1A* - Please contact the City of West Hollywood to inquire about alternative zoning uses, including the available options and associated restrictions.
Parking
9 Spaces (5.58 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- High Ceilings
- Air Conditioning
1 of 1
Walk Score ®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 4337-013-015 | Improvements Assessment | $125,599 |
| Land Assessment | $628,023 | Total Assessment | $753,622 |
PROPERTY TAXES
Parcel Number
4337-013-015
Land Assessment
$628,023
Improvements Assessment
$125,599
Total Assessment
$753,622
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875 Westbourne Dr
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