$4,900,000
-$100,0001429 Havenhurst Drive, West Hollywood CA 90046
Multi-Family (18 Units)
Property type
88 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 4, 2026 at 12:00am
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
Nearby Schools
Nearby schools around the 1429 Havenhurst Drive, West Hollywood, CA 90046. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,920,000
Total Interest
$4,999,744
Total Payment
$8,919,744
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$30,031
per month
Property History for 1429 Havenhurst Drive
West Hollywood Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90046.
Similar Homes
Listings with similar prices to 1429 Havenhurst Drive