1429 Havenhurst Drive, West Hollywood, CA 90046

West Hollywood
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1429 Havenhurst Drive,West Hollywood, CA 90046
$4,900,000
  • 20 Beds
  • 19 Baths
  • 13,824 sq. ft.
  • Multi-family
  • Active
Listed by: dana brody
Office: dana brody818-212-2757
MLS#:26661681
Source:CRMLS

Price summary

  • Price:$4,900,000
  • Price per sq. ft.:$354.46

About this home

Rare opportunity to acquire an 18-unit West Hollywood apartment community just steps from the iconic Chateau Marmont, offered at only $272,000 per unit and $354 per square foot. This fully occupied asset delivers an attractive 5.25% in-place cap rate and 13.0 GRM, with a projected 8.6% proforma cap rate and 9.0 GRM through strategic renovations and operational enhancements. Even more compelling, the property features an exceptional 2.76% interest-only assumable loan through 2030 at approximately 50% loan-to-value, creating immediate positive leverage and the potential for 10%+ cash-on-cash returns in today's high-interest-rate environment. We are very pleased to exclusively offer for purchase 1429 N. Havenhurst Drive, a premier 18-unit multifamily investment opportunity located in one of Southern California's most prestigious and supply-constrained rental markets. Situated on a quiet, tree-lined street steps from the most desired portion of the Sunset Strip, Melrose Avenue, and...

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Home facts

  • Year built:1949
  • Listing ID #:26661681
  • Added:91 day(s) ago
  • Updated:June 09, 2026 at 10:49 AM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:19
  • Living area:13,824 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1949
  • Building area:13,824 sq. ft.
  • Lot area:0.35 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$4,900,000
  • Price per sq. ft.:$354.46

Parking

  • Total parking spaces:18
  • Parking description:Community Structure
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