Havenhurst Condominiums | 1283 Havenhurst Dr
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Havenhurst Condominiums 1283 Havenhurst Dr
8 Unit Apartment Building $10,000,000 ($1,250,000/Unit) 3.43% Cap Rate West Hollywood, CA 90046
Investment Highlights
- Seller Financing Available for Rare Opportunity to acquire a 2008 Construction, Upgraded in 2021, Fully Entitled 8 Unit Boutique Condominium Building
- Amazing location in the heart of West Hollywood, Ample Secured Garage Parking
- All Units Are Turn-Key Luxury with High End Appliances, Flooring, Windows and Finishes
- No Rent Control on Sought After, Luxurious , Spacious 2bd & 3bd Floorplans, 360 degree rooftop deck
- Significant Upside in Selling Off Units Individually or Maintain as Generational, Trophy Real Estate with upside
Executive Summary
SELLER FINANCING AVAILABLE FOR FULLY ENTITLED NON-FRACTURED LUXURY BOUTIQUE CONDOMINIUM BUILDING | SIGNIFICANT UPSIDE SELLING UNITS OFF INDIVIDUALLY WITH NO UPGRADES REQUIRED | TENANTS SYSTEMATICALLY REMOVABLE | NO STATE OR WEST HOLLYWOOD RENT CONTROL
The Weddle Group is pleased to present for sale 1283 Havenhurst Drive, a rare opportunity to acquire an eight unit, newer construction, luxury condominium complex at well below-market condo comp pricing. Average condominium sale comparable of $1.8M+. Other option is to maintain as a trophy asset apartment building with upside in rents. Nestled in one of the nation's most coveted zip codes, this exquisite property was constructed in 2008 and elegantly renovated in 2021, showcasing a desirable mix of spacious condominiums that epitomize modern living. Each unit is adorned with upscale finishes, including custom wood flooring, top-of-the-line Bosch appliances, real wood cabinets, soundproof windows, as well as central heating and cooling. Residents will appreciate the convenience of tankless water heaters, newly renovated balconies, and multiple private entrances for effortless access. The property’s exterior has also undergone extensive enhancements, culminating in a visually stunning aesthetic that features a serene 360-degree rooftop deck and an inviting courtyard—perfect for entertaining guests or enjoying peaceful moments in the sun.
The property boasts a prime location in a sophisticated and vibrant neighborhood known for its blend of classic charm and modern luxury. The surrounding area is characterized by a mix of architecturally significant homes and contemporary apartment buildings, tree-lined streets, and an overall aesthetic that is quintessentially Californian. This particular location offers a blend of urban living with the serenity of a more residential neighborhood, providing a retreat-like feel amidst the bustling city life.
PLEASE EXPLORE THE LINKS BELOW FOR OM, DRONE & UNIT TOURS. DO NOT DISTURB TENANTS. CONTACT LISTING AGENT GARY WEDDLE FOR MORE INFORMATION AND TOUR DATES.
The Weddle Group is pleased to present for sale 1283 Havenhurst Drive, a rare opportunity to acquire an eight unit, newer construction, luxury condominium complex at well below-market condo comp pricing. Average condominium sale comparable of $1.8M+. Other option is to maintain as a trophy asset apartment building with upside in rents. Nestled in one of the nation's most coveted zip codes, this exquisite property was constructed in 2008 and elegantly renovated in 2021, showcasing a desirable mix of spacious condominiums that epitomize modern living. Each unit is adorned with upscale finishes, including custom wood flooring, top-of-the-line Bosch appliances, real wood cabinets, soundproof windows, as well as central heating and cooling. Residents will appreciate the convenience of tankless water heaters, newly renovated balconies, and multiple private entrances for effortless access. The property’s exterior has also undergone extensive enhancements, culminating in a visually stunning aesthetic that features a serene 360-degree rooftop deck and an inviting courtyard—perfect for entertaining guests or enjoying peaceful moments in the sun.
The property boasts a prime location in a sophisticated and vibrant neighborhood known for its blend of classic charm and modern luxury. The surrounding area is characterized by a mix of architecturally significant homes and contemporary apartment buildings, tree-lined streets, and an overall aesthetic that is quintessentially Californian. This particular location offers a blend of urban living with the serenity of a more residential neighborhood, providing a retreat-like feel amidst the bustling city life.
PLEASE EXPLORE THE LINKS BELOW FOR OM, DRONE & UNIT TOURS. DO NOT DISTURB TENANTS. CONTACT LISTING AGENT GARY WEDDLE FOR MORE INFORMATION AND TOUR DATES.
Property Facts
| Price | $10,000,000 | Apartment Style | Mid Rise |
| Price Per Unit | $1,250,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 3.43% | Building Size | 16,000 SF |
| Sale Conditions | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 19.11 | No. Stories | 4 |
| No. Units | 8 | Year Built | 2008 |
| Property Type | Multifamily | Parking Ratio | 1.13/1,000 SF |
| Property Subtype | Apartment |
| Price | $10,000,000 |
| Price Per Unit | $1,250,000 |
| Sale Type | Investment |
| Cap Rate | 3.43% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 19.11 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 16,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2008 |
| Parking Ratio | 1.13/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Security System
- Tile Floors
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Stainless Steel Appliances
- Range
- Wi-Fi
- Intercom
- Pantry
- Patio
- Wheelchair Accessible (Rooms)
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Gated
- Storage Space
- Elevator
- Sundeck
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 3 | - | - |
| 3+2 | 5 | - | 1,400 |
1 of 1
Walk Score ®
Walker's Paradise (92)
zoning
| Zoning Code | R-1 (Residential) |
| R-1 (Residential) |
1 of 34
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Havenhurst Condominiums | 1283 Havenhurst Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.