$4,900,000
-$100,0001429 Havenhurst Drive, West Hollywood CA 90046
Multi-Family (18 Units)
Property type
99 days
On market
$354
Price per sqft
N/A
Garage
1949
Year built
15,224 sqft
Lot size
Home highlights
Open Houses
Overview
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....
Listing provided by: Dana Brody DRE #01429001 818-212-2757, Dana Brody
Listing updated: Jun 3, 2026 at 11:18pm.
Last checked: Jun 15, 2026 at 02:30pm
Source: CRMLS #26661681
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 1 | 1 | — | $1,561 | $24,983 | $37,600 | Unfurnished |
| 2 | 2 | 2 | — | $3,375 | $6,750 | $7,300 | Unfurnished |
# of Buildings: 1
# of Units Total: 18
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
13.6x
List Price / Annual Gross Rent
Cap Rate
5.25%
NOI / List Price
Vacancy Allowance: $10,773
Vacancy Allowance Rate: 3%
Net Operating Income: $257,227
Interior
Cooling: Central Air
Heating: Forced Air
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Direction Faces: South
View: City Lights
Garage and Parking
Parking: Community Structure
Parking Total: 18
Lot Information
Land Lease: No
Parcel #: 5554018011
Zoning: WDR4*
Community
HOA: No
Senior Community: No