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Sold for $1,530,000 on 06/14/24
  • $1,530,000

    1223 Havenhurst Dr, West Hollywood, CA 90046

    6beds
    5baths
    --sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $2,176,200 Zestimate®
    $--/sqft
    $5,860 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 15, 2024 at 04:25am

    Listed by:

    Jonathan Taksa DRE #01366169 310-968-5303,

    Remax Commercial and Investment Realty

    Bought with:

    Jonathan Taksa, DRE #01366169

    Remax Commercial and Investment Realty

    Source: SDMLS,MLS#: 24-394565MLS LogoOriginating MLS: Beverly Hills/Greater LA

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Heating
    • Wall/Gravity
    Cooling
    • Wall/Window
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: Split Level
    Lot
    • Size: 7,318 sqft
    Details
    • Parcel number: 5554016010
    • Zoning: WDR4*
    • Zoning description: WDR4*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1962

    Community & neighborhood

    Location
    • Region: West Hollywood
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,176,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,176,200