8991 Keith Ave, West Hollywood, CA 90069

Mar 6

Written By Jake Glaser

5-Unit in West Hollywood’s Norma Triangle | 17 Days From List to Close | All-Cash with Zero Contingencies

Sold: $1,400,000

Property Highlights

A++ West Hollywood within the coveted Norma Triangle
Five units across two separate detached buildings
17 Days from listing property on MLS/Costar to Closing
Generated all-cash, fully non-contingent offer from Day 1 at List Price
Delivered with 2 vacancies, one mid-rehab
Diverse mix consists of (1) Studio unit, (2) 1BR/1BA, (1) 2BR/1BA, and (1) 2BR/2BA townhouse
Room to grow existing rents an additional 25%
Strong rental demand in a supply constrained market
Extremely walkable neighborhood in close proximity to The Troubadour, The Roxy, The Abbey, Somni, Pacific Design Center, and much more
GLASER GROUP’S 35TH & FINAL CLOSING OF 2025!

The Deal Story

The Glaser Group is proud to announce the successful closing of 8991 Keith Avenue, our 35th and final closing of 2025! 8991 Keith is a well-maintained 5-unit multifamily property located in the ultra-desirable Norma Triangle, just steps from the Sunset Strip and Santa Monica Boulevard, one of the strongest rental submarkets in Los Angeles.

This transaction closed all-cash and fully non-contingent from day one, delivering absolute certainty for the Seller, a family trust. The property went under contract within days of hitting the market and closed in just 17 days from list. The Glaser Group sourced this repeat client from our own network prior to hitting the market. This is the first time this asset was marketed for sale in over 53 years!

The asset features two detached buildings with a diversified unit mix, including studios, one-bedroom units, and two-bedroom residences, with multiple vacant units at close — including a 2-bedroom / 1-bath unit mid-rehab, allowing the Buyer to immediately complete improvements and capture upside. In-place rents provide approximately 25% upside, creating a clear value-add path in a premier West Hollywood location.

The Buyer, a close client of The Glaser Group, was seeking a high-quality West Hollywood asset with immediate upside and the ability to close prior to year-end for tax depreciation purposes. The Seller prioritized a clean, certain exit — and our team delivered both speed and certainty through a fully non-contingent structure and accelerated closing timeline.

If you’re considering a sale with value execution, certainty, and strategic positioning, contact The Glaser Group to discuss how we consistently deliver results: (310) 230-5157.