Property Detail

1429 Havenhurst

West Hollywood CA 90046

$4,700,000

Status: Active

Property Details

Description

Generational opportunity to acquire an 18-unit West Hollywood apartment community just steps from the iconic Sunset Strip, attractively priced at approximately $261,000 per unit and $339 per square foot. The fully occupied asset offers a 5.5% in-place cap rate and 12.9 GRM, with projected future performance of approximately an 8.9% pro forma cap rate and 8.7 GRM through strategic interior renovations and operational enhancements. We are pleased to exclusively offer 1429 N. Havenhurst Drive, a premier multifamily investment opportunity positioned in one of Southern California's most desirable and supply-constrained rental markets. Located on a quiet, tree-lined street just south of Sunset Boulevard and minutes from Melrose Avenue and Beverly Hills, the property provides immediate scale in a location defined by affluent demographics, exceptional walkability, world-class amenities and enduring rental demand. Beautifully situated near the heart of the Sunset Strip and close to the iconic Chateau Marmont, the property consists of a desirable mix of spacious one- and two-bedroom residences featuring generous floor plans, abundant natural light and classic mid-century architecture. Ownership has meticulously maintained the asset, which features beautiful landscaping, strong curb appeal, completed seismic retrofitting and brand-new dual-pane windows throughout, significantly reducing near-term capital expenditure requirements. The property presents a compelling value-add opportunity. Investors can renovate select interiors, capture substantial rental upside and improve overall operations while maintaining strong in-place occupancy and cash flow. Additionally, the property may accommodate up to 7 ADUs, potentially increasing the unit count by nearly 40% and creating significant long-term value-creation potential. Buyer to verify all development potential, zoning, density, ADU eligibility and applicable requirements with the appropriate governmental agencies. The property is positioned within one of Los Angeles' most dynamic residential and mixed-use corridors, with continued investment occurring throughout West Hollywood, the Sunset Strip and neighboring Beverly Hills. West Hollywood's Sunset Boulevard continues to attract significant development interest. The proposed 9034 Sunset Boulevard project calls for approximately 198 residential apartments, including 35 affordable units, along with approximately 9,250 SF of office space, 1,800 SF of restaurant space and 2,840 SF of retail space. Nearby Beverly Hills is likewise experiencing substantial residential and mixed-use investment. Current projects include the proposed 8300 Wilshire Boulevard development, a 34-story mixed-use project with 211 residential units, and the proposed 9220 N. Santa Monica Boulevard project, which includes 217 residential units and ground-floor restaurant space.Further reinforcing the area's long-term investment profile, One Beverly Hills is currently under construction adjacent to The Beverly Hilton and will include luxury condominiums, an Aman hotel, retail, restaurants, conference space and significant publicly accessible landscaped open space, with completion anticipated in 2028. This continued investment is helping further establish the broader West Hollywood/Beverly Hills corridor as a premier live-work-play destination, with expanding residential, hospitality, dining, retail and entertainment offerings. Residents enjoy immediate access to West Hollywood's world-class dining, nightlife, entertainment and retail, while remaining minutes from Sunset Boulevard, Melrose Avenue, Beverly Hills, Beverly Grove and major employment centers serving Los Angeles' entertainment, media, technology and creative industries.

Map Location

Listing provided courtesy of Dana Brody of Dana Brody. Last updated 2026-09-28 08:10:57.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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