8991 Keith Ave, West Hollywood, CA 90069

Dec 12

Written By Jake Glaser

5-Unit in West Hollywood’s Norma Triangle | A+ Location | Delivered with 2 Vacancies

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$1,400,000

Property Highlights

A++ West Hollywood within the coveted Norma Triangle
Five units across two separate detached buildings
Two units currently vacant, 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
Recent improvements: new electrical panels, partial plumbing upgrades, and some interior remodels
Extremely walkable neighborhood in close proximity to The Troubadour, The Roxy, The Abbey, Somni, Pacific Design Center, and much more

The Opportunity

The Glaser Group is pleased to present 8991 Keith Avenue, a well-maintained 5-unit property located in the highly desirable Norma Triangle neighborhood of West Hollywood. This ultra prime location sits moments from both the Sunset Strip and Santa Monica Boulevard, placing residents steps from major retail, dining, and entertainment amenities in one of the strongest rental submarkets in Los Angeles.

The property consists of two detached buildings with a diversified mix of (1) studio, (2) one-bedroom units, (1) two-bedroom / one-bath unit, and (1) two-bedroom / two-bath townhouse with in-unit laundry. The studio and the 2-bed / 1-bath unit in the back structure are currently both vacant.

Additionally, the vacant 2+1 is mid-rehab, allowing a new owner to complete the improvements and bring the unit to market at top-of-market rent. In-place rents provide approximately 25% upside, offering investors a clear path to increasing revenue. Recent improvements updated electrical panels, partial plumbing upgrades, and interior renovations in select units.

There is also a one-car garage and one uncovered surface space, allowing parking for 2 cars, or 3 if one parks tandem. The property also has two large storage sheds behind the front structure.

The immediate surroundings are one of the property’s strongest advantages. The Norma Triangle offers exceptional walkability and direct access to some of West Hollywood’s most recognizable destinations, including The Troubadour, The Roxy, The Abbey, Somni, and the Pacific Design Center. The location also provides quick connectivity to Beverly Hills, West LA, and major employment centers, contributing to strong, reliable tenant demand.