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1429 Havenhurst Dr
West Hollywood, CA 90046

$6,000,000 USD

Apartments For Sale • 13,824 SF

Property Details

Property Type Apartments
Total Building Size 13,824 SF
Lot Size 0.35 AC
Building Class C
Year Built 1949
Zoning R4, West Hollywood

50 Transit Score

80 Walk Score

                
                    Highlights
                
                                2.76% Interest-Only Assumable Financing – Massive Cash Flow Advantage Rare opportunity to acquire an 18-unit asset with sub-3% interest-only debt
                            
                                Trophy West Hollywood Location Steps from the Sunset Strip Located in the heart of West Hollywood near Sunset Strip and Santa Monica Boulevard
                            
                                Core Asset with Rental Upside Potential Strong in-place income with the opportunity to increase rents through continued interior upgrades 
                            
                                High Barrier-to-Entry Submarket Supporting Long-Term Appreciation & Cash Flow Day 1 
                            
                                Ideal Wealth Preservation Investment with Embedded Financing Arbitrage - Combination of prime infill location and below-market assumable financing 
                            
                                Lock in 2.76% IO financing while competitors are forced to underwrite deals at significantly higher interest rates, an immediate competitive advantage

Amenities

24 Hour Access
Controlled Access
Tenant Controlled HVAC
Kitchen
Refrigerator
Range
Tub/Shower
Freezer
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	20 min	-	8.0 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	19 min	-	8.4 mi
Airport	Drive	Walk	Distance
Bob Hope	23 min	-	10.5 mi
Los Angeles International	27 min	-	12.5 mi
Long Beach (Daugherty Field)	44 min	-	29.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Dana Brody 310-849-8151 Marcus & Millichap

1429 Havenhurst Dr West Hollywood, CA 90046