1223 Havenhurst Drive, West Hollywood, CA 90046
Property
Sold June 2024
Listing Agent: Jonathan Taksa (DRE #01366169) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Jonathan Taksa · Remax Commercial and Investment Realty · MLS #24394565 · Source: CRMLS
About this property
We are pleased to offer for sale an incredible multifamily asset located at 1223 Havenhurst Drive in the heart of West Hollywood. Originally built in 1962 and ideally situated on a large lot zoned R4, the building exemplifies mid-century charm. Available for the first time in decades, the property consists of generous sized efficiency, 1-bedroom, 2-bedroom, and 3-bedroom layouts with each unit offering a terrific spacious floor plan flooded with natural light. With 2 separate structures set around mature landscaped grounds, the property offers the astute investor with a quintessential value add opportunity. As current rents hover around $1.83/sqft, there is tremendous rental upside through a comprehensive renovation program as units turn. Additionally, the property offers its residents with amenities such as a sparkling pool and ample on-site parking. A walker's paradise, 1223 Havenhurst Drive is a great asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. This rare offering presents an astute investor or developer with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
Listing description from the June 2024 sale, as reported to CRMLS.
Sale history