$2,650,000

948 Palm Ave West Hollywood, CA 90069

Estimated payment $17,090/month

Total Views 122
7 Beds
7 Baths
4,904 Sq Ft
$540 Price per Sq Ft

About This Home

We are pleased to present a very rare opportunity to acquire 948- 950 Palm Avenue, an 8-Unit multifamily building located in the prestigious Norma Triangle neighborhood ofWest Hollywood. Available for the first time since 1985, the property is ideally situated between the Sunset Strip and Santa MonicaBoulevard, within a close distance to some of Los Angeles' most iconic dining, nightlife, and shopping destinations.This property boasts a prime West Hollywood location with exceptionally high tenant demand and easy access to other coveted employer hubs including Beverly Hills, Century City, Hollywood, and the Miracle Mile.

Listing Agent

John Boyett

CBRE License #02056759 Listed on: 08/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 0.28 Acre Lot

Home Design

  • 4,904 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Community Details

  • 5 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 4339-009-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4904
  • Lot Acreage: 0.2825
  • Year Built: 1909
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 540.38

Exterior Features

  • Other Structures: Other

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 234970
  • Assessed Land Percent: 60
  • Assessed Land Value: 352467
  • Total Assessed Value: 587437
  • Assessor Parcel Number: 4339-009-020
  • Lot Size Area: 12305

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.01
  • Number Of Units: 8
  • Total Annual Expense: 75913
  • Type Of Units: Dwellings
  • Vacancy Rate: 5%

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $2,650,000 -- $540 / Sq Ft
Source: The MLS

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See All Homes in West Hollywood

Source: The MLS

MLS Number: 25582145

The MLS
California Los Angeles County West Hollywood 90069

948 Palm Ave, West Hollywood, CA

This home is located at 948 Palm Ave, West Hollywood, CA 90069 and is currently priced at $2,650,000, approximately $540 per square foot. This property was built in 1909. 948 Palm Ave is a home located in Los Angeles County with nearby schools including West Hollywood Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Nearby Homes
John Boyett
Listing Agent
John Boyett
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CBRE
(707) 815-7472