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8833 Cynthia St 5 Unit Apartment Building $6,500,000 ($1,300,000/Unit) 4.02% Cap Rate West Hollywood, CA 90069
INVESTMENT HIGHLIGHTS
- 5 beautiful high-end condo homes in the most desirable West Hollywood location
- Built in 2009 | Recorded Tract Map & Condo Plan
- Private balconies + shared rooftop deck + in unit Washer/Dryer
- 4 tri-level townhomes (1,550–1,790 SF) & 1 stunning penthouse (2,280 SF)
- 2 units delivered vacant at close
- 2 gated tandem parking spots per unit with EV charging
EXECUTIVE SUMMARY
8833 Cynthia Street offers a rare opportunity to acquire 5 beautiful high-end condo homes in the heart of West Hollywood. Built in 2009 with a recorded tract map and condo plan, the building includes 4 expansive townhomes (1,550-1,790 SF each) and a top floor 3bd+4BA, 2,280 SF penthouse. Each residence features its own in-unit washer/dryer, private spacious balcony, and access to a shared back patio and rooftop deck. Three units are currently leased, and two will be delivered vacant at close. The secured garage includes EV charging, and all units are individually metered.Located directly across from the iconic Petit Ermitage and just blocks from the Sunset Strip and Santa Monica Blvd, this trophy asset is walkable to West Hollywood's best restaurants, shopping, and nightlife. Ideal for investors, owner-users, or long-term holders seeking a turnkey, pride-of-ownership property with upside potential. Each unit has its own APN, offering the flexibility to sell units individually in the future. APNs: 5 APNs: 4339-013-030, 031, 032, 033, & 034
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$496,680
|
$54.64
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$14,900
|
$1.64
|
| Effective Gross Income |
$481,780
|
$53.00
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$220,239
|
$24.23
|
| Net Operating Income |
$261,541
|
$28.77
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $496,680 |
| Annual Per SF | $54.64 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $14,900 |
| Annual Per SF | $1.64 |
| Effective Gross Income | |
|---|---|
| Annual | $481,780 |
| Annual Per SF | $53.00 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $220,239 |
| Annual Per SF | $24.23 |
| Net Operating Income | |
|---|---|
| Annual | $261,541 |
| Annual Per SF | $28.77 |
PROPERTY FACTS
| Price | $6,500,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $1,300,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 4.02% | Building Size | 9,090 SF |
| Gross Rent Multiplier | 13.09 | No. Stories | 3 |
| No. Units | 5 | Year Built | 2009 |
| Property Type | Multifamily | Parking Ratio | 1.21/1,000 SF |
| Property Subtype | Apartment | Zoning | WDR4* |
| Price | $6,500,000 |
| Price Per Unit | $1,300,000 |
| Sale Type | Investment |
| Cap Rate | 4.02% |
| Gross Rent Multiplier | 13.09 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 9,090 SF |
| No. Stories | 3 |
| Year Built | 2009 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | WDR4* |
AMENITIES
UNIT AMENITIES
- Balcony
- Storage Space
- Washer/Dryer Hookup
- Range
SITE AMENITIES
- Controlled Access
- Elevator
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 4 | $7,098 | 1 |
| 3+4 | 1 | $13,000 | 1 |
1 of 1
Walk Score®
Walker's Paradise (90)
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VIDEOS
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8833 Cynthia St
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