1429 Havenhurst Dr, West Hollywood, CA 90046
1429 Havenhurst Dr, West Hollywood, CA 90046
1429 Havenhurst Dr, West Hollywood, CA 90046
1429 Havenhurst Dr, West Hollywood, CA 90046
1429 Havenhurst Dr, West Hollywood, CA 90046
1429 Havenhurst Dr, West Hollywood, CA 90046
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Chakits Krulsawat

Chakits Krulsawat

+1(702) 319-1092
$ 4,900,000
Est. payment | /mo

20 Beds

19 Baths

13,824 SqFt

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$ 4,900,000
Est. payment | /mo
Save Virtual Tour

20 Beds

19 Baths

13,824 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,824 sqft

Price per Sqft $354

MLS Listing ID 26661681

Style Architectural

Bedrooms 20

Year Built 1949

Lot Size 0.349 Acres

Acres 0.3495

Property Sub-Type Multi-Family

Property Description

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 5.45% in-place cap rate and 13 GRM, with a projected 8.6% proforma cap rate and 9 GRM through strategic renovations and operational enhancements. 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 Beverly Hills, the property offers investors immediate scale in a highly sought-after location characterized by affluent demographics, exceptional walkability, and long-term rent growth. Built in 1957, the property consists of a desirable mix of spacious one- and two-bedroom residences featuring abundant natural light, efficient floor plans, and classic mid-century architecture. Ownership has meticulously maintained the asset, which benefits from beautiful landscaping, strong curb appeal, completed seismic retrofitting, and brand-new dual-pane windows throughout significantly reducing future capital expenditure requirements.From a value-add perspective, the investment thesis is outstanding. Investors have the opportunity to renovate interiors and capture substantial rental upside while preserving strong in-place cash flow. Additionally, the property may accommodate up to seven ADUs (Buyer to Verify), increasing the unit count by nearly 40% and creating a significant long-term value creation opportunity. Residents enjoy immediate access to West Hollywood's world-class dining, entertainment, nightlife, and retail amenities, while remaining minutes from major employment centers serving the entertainment, media, technology, and creative industries. This unmatched location continues to attract a deep pool of high-income renters, supporting strong occupancy and sustained rental demand. With 100% occupancy, proven cash flow, significant rental upside, ADU potential, and irreplaceable West Hollywood positioning, 1429 N. Havenhurst Drive represents one of the most compelling multifamily investment opportunities currently available in the Greater Los Angeles area.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning WDR4*

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling Wall Unit(s), Central

Equipment Range/Oven

Exterior

Parking Features Community Garage

Garage Spaces 18.0

View Y/N Yes

View City Lights

Building

Story 2

Architectural Style Architectural

Level or Stories Two

Others

Special Listing Condition Standard

Virtual Tour https://vimeo.com/1172499076/a0e52df4e4

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Dana Brody

Nearby Locations

Chakits Krulsawat
Chakits Krulsawat

Buyer and Sales Specialist | RE. Lic# S.0168764

+1(702) 319-1092 | chakits.k@gmail.com

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1429 Havenhurst Dr