804 Westmount Drive, West Hollywood, California 90069, West Hollywood, 90069 - 4 bed, 4 bath
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West Hollywood, California 90069
This Rare West Hollywood Compound is a Strong Value Opportunity, listed at $2,695,000—positioned well below the $2,982,169 Fair Market Value by 9%. This valuation gap provides $287,169 in Instant Equity. Boasting an Extensive Renovation Condition Rating, the property features a high-end front cottage and a rear triplex with 15-ft exposed beam ceilings. Located in a premier walkable pocket near Melrose, it offers access to Top-Rated 9/10 Schools and rare 5-car parking. This versatile asset is perfect for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting stable West Hollywood income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 804 Westmount Drive Subject | $2,695,000* List Price | 4 | 4 | 2,966 | $1,005 | - |
A 9012 Elevado Street Sold | $2,200,000 | 3 | 3 | 1,865 | $1,180 | 0.6 mi |
B 9037 Elevado Street Active | $1,895,000 List Price | 2 | 2 | 1,874 | $1,011 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1926, the property has undergone extensive recent renovations, particularly in the front cottage. The kitchen is high-end with custom cabinetry, stone countertops, and premium stainless steel appliances. Bathrooms feature modern vanities, designer tile work, and updated fixtures. The interior boasts refinished hardwood floors, recessed lighting, and updated HVAC systems (mini-splits), meeting the criteria for a fully renovated property with no deferred maintenance.
Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
The unique compound configuration offers a 'live-and-earn' opportunity, allowing an owner-user to occupy the vacant front cottage while collecting passive income from the three rear units.
Situated just one block from Melrose Avenue, the property is located in one of West Hollywood's most desirable pockets, offering immediate access to world-class dining, shopping, and entertainment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2966, other record living area = 2900.
With three units currently tenant-occupied, a new owner may face challenges regarding immediate unit upgrades or adjusting rents to market rates under local rent stabilization ordinances.
Built in 1926, the property may require ongoing maintenance or capital expenditures to modernize aging systems and structural elements common in century-old buildings.
Live in front, earn in back. This rare West Hollywood compound blends lifestyle with passive income. Just one block from Melrose Avenue, the property features a private, standalone two-bedroom cottage in front, with a detached rear triplex tucked behind. The rear building includes two tenant-occupied 1-bd/1-ba units with dramatic 15-ft exposed wood beam ceilings and a tenant-occupied studio. The 1-car garage, private 4-car tandem parking, and resident street passes completes the package. A seamless live-and-earn opportunity in one of WeHo's most walkable pockets, ideal for an owner-user looking to offset the mortgage or an investor seeking stable income. The best of West Hollywood, coffee, dining, and shopping, is right outside your door. Front cottage is vacant and ready for an owner-user!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,966 | 2,580 | 58% |
| Lot Size | 5,773 | 7,192 | 41% |
| Price | $2.69M | $3.25M | 44% |
| Price per sq ft | $909 | $1.1K | 14% |
| Built year | 1926 | 1949 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 198 | 2% |
Mar 23, 2026
$2,695,000
Initial Listing
Sep 6, 2019
$2,265,000
Public Record
Jan 3, 2002
$629,000
Public Record