1429 Havenhurst Drive
West Hollywood, CA 90046
20
Bed
0
Bath
13,824Sqft
15,224Sqft(Lot)
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 S
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 20Bathroom Information
Total Baths: 19 Full Baths: 0 Half Baths: 0 -
Cooling Features
Central Air Air ConditioningHeating Source
Forced Air Has Heating
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Building Information
Year Built: 1949 Building Area Total: 13,824
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3495 -
Lot Size Source: Assessor Lot Size Square Feet: 15224
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Listing Price Information
Original List Price: 4,900,000 Listing Contract Date: 2026-03-09 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5554018011
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Garage and Parking
Garage Description: Community StructureHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: C10 - West Hollywood Vicinity Directions: Sunset Boulevard, to Havenhurst,turn right Zoning: WDR4* Source Property Type: Residential Income Area: C10 - West Hollywood Vicinity -
Building and Construction
Property Age: 77 Common Walls: 1 Common Wall Year Built Source: Assessor Total Square Feet Living: 13824 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7154 Lexington Avenue, West Hollywood, CA, 90046 | $1,325,000 | 5 | -- | 2,104 | 2,104 SqFt |
| 1143 Poinsettia Drive, West Hollywood, CA, 90046 | $1,480,000 | 4 | -- | 2,223 | 2,223 SqFt |
| 1113 Poinsettia Drive, Los Angeles, CA, 90046 | $1,195,000 | 2 | -- | 1,752 | 1,752 SqFt |
| 1016 N Martel Avenue, West Hollywood, CA, 90046 | $12,900,000 | 31 | -- | 17,024 | 17,024 SqFt |
| 1035 N Vista Street, West Hollywood, CA, 90046 | $1,690,000 | 3 | 1 | 1,427 | 1,427 SqFt |
| 1015 N Vista Street, West Hollywood, CA, 90046 | $3,250,000 | 12 | -- | 8,094 | 8,094 SqFt |
| 900 N Gardner Street, West Hollywood, CA, 90046 | $1,795,000 | 3 | -- | 2,666 | 2,666 SqFt |
| 7733 Lexington Avenue, West Hollywood, CA, 90046 | $1,895,000 | 3 | 3 | 1,688 | 1,688 SqFt |
| 1233 N Genesee Avenue, West Hollywood, CA, 90046 | $1,785,000 | 3 | -- | 1,798 | 1,798 SqFt |
| 7734 Lexington Avenue, West Hollywood, CA, 90046 | $2,295,000 | 7 | -- | 1,996 | 1,996 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 21:53
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