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8730-8736 Holloway Dr 16 Unit Apartment Building $7,230,878 CAD ($451,930 CAD/Unit) 5.61% Cap Rate West Hollywood, CA 90069
INVESTMENT HIGHLIGHTS
- A+ West Hollywood Location
- Strong rental demand driven by entertainment, hospitality, tech, and creative sectors
- 7 Vacant Units
- Dense, walkable, amenity-rich environment with high barriers to entry
- World-class dining, retail, nightlife, and cultural attractions
EXECUTIVE SUMMARY
Paloma Realty Partners is proud to present 8730–8736 Holloway Drive, a 16-unit value- add multifamily offering located in the heart of West Hollywood—just steps from the world-famous Sunset Strip. This is a rare opportunity to acquire two adjacent eight-unit buildings on separate APNs totaling ±10,744 SF of rentable space, situated on a ±12,014 SF lot. The property features a mix of renovated and classic one-bedroom units, with seven current vacancies. Investors have immediate lease-up potential and the ability to capitalize on West Hollywood’s premium rental rates, which range from $2,750 to $3,250 for similar units. The property comes with 16 parking spaces (12 covered, 4 open) and is located within walking distance to popular hotspots, keeping the neighborhood in high demand among affluent renters. Each unit has its own water heater, and all units are separately metered for gas and electricity.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $7,230,878 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $451,930 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 5.61% | Building Size | 10,744 SF |
| Gross Rent Multiplier | 12.11 | Average Occupancy | 56% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 1.48/1,000 SF |
| Zoning | R4 - Residential | ||
| Price | $7,230,878 CAD |
| Price Per Unit | $451,930 CAD |
| Sale Type | Investment |
| Cap Rate | 5.61% |
| Gross Rent Multiplier | 12.11 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 10,744 SF |
| Average Occupancy | 56% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | R4 - Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Controlled Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | $2,767 CAD | 672 |
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,378,930 CAD | |
| Land Assessment | $5,515,720 CAD | Total Assessment | $6,894,650 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,515,720 CAD
Improvements Assessment
$1,378,930 CAD
Total Assessment
$6,894,650 CAD
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8730-8736 Holloway Dr
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