Now offered at just $277K per door! 100% occupied with 2.76% assumable financing in place! We are pleased to present 1429 N. Havenhurst Drive, an exceptional 18-unit multifamily investment opportunity in the most prime West Hollywood location, one of the most coveted and supply-constrained rental markets in Southern California. Situated on a quiet, tree-lined street just moments from the Sunset Strip and Melrose Avenue, the property offers a rare opportunity to acquire immediate scale in a high-demand submarket driven by affluent demographics, walkability, and consistent rental growth. Built in 1957, the asset features an attractive mix of spacious one- and two-bedroom units, many of which offer abundant natural light, functional layouts, and timeless mid-century design. The property is 100% occupied and has been well maintained, with beautiful landscaping, strong curb appeal, and all new windows throughout, enhancing both tenant appeal and long-term asset quality. From an investment perspective, the opportunity is particularly compelling. The property delivers stable in-place income today with significant upside potential through strategic interior renovations and operational improvements, allowing investors to meaningfully increase rents and overall asset value over time. A standout feature is the 2.76% interest-only assumable loan through 2030, providing immediate positive leverage and an estimated 10% + cash-on-cash return, a rare advantage in today’s elevated interest rate environment.Residents benefit from walkable access to West Hollywood’s premier dining, nightlife, and lifestyle amenities, with close proximity to Beverly Hills, the Sunset Strip, and Melrose’s top retail corridors. This highly desirable location continues to attract a strong base of high-income tenants across the entertainment, media, and tech sectors.Recent capital improvements include a completed seismic retrofit and property-wide window upgrades, minimizing near-term capital expenditures.1429 N. Havenhurst Drive represents a rare opportunity to acquire a fully occupied, well-maintained asset with below-market financing, significant income upside, and long-term appreciation potential in one of Los Angeles’ most prestigious rental markets.
Property Details
Price:
$5,000,000
MLS #:
26661681
Status:
Active
Beds:
20
Baths:
19
Type:
Single Family
Neighborhood:
c10westhollywoodvicinity
Listed Date:
Mar 9, 2026
Finished Sq Ft:
13,824
Total Sq Ft:
13,824
Lot Size:
15,224 sqft / 0.35 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Cooling
CA
Heating
FA
Levels
U
Exterior
Common Walls
_1CW
Direction Faces
S
Parking Spots
18
Parking Total
18
View
CI
Financial
Map
Community
- Address1429 Havenhurst DR West Hollywood CA
- CityWest Hollywood
- CountyLos Angeles
- Zip Code90046
Market Summary
Current real estate data for Single Family in West Hollywood as of May 24, 2026
362
Single Family Listed
68
Avg DOM
296
Avg $ / SqFt
$1,151,083
Avg List Price
Property Summary
- 1429 Havenhurst DR West Hollywood CA is a Single Family for sale in West Hollywood, CA, 90046. It is listed for $5,000,000 and features 20 beds, 19 baths, and has approximately 13,824 square feet of living space, and was originally constructed in 1949. The current price per square foot is $362. The average price per square foot for Single Family listings in West Hollywood is $296. The average listing price for Single Family in West Hollywood is $1,151,083.
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