Investment Overview

Marcus & Millichap is proud to exclusively pres-ent 1429 N. Havenhurst Drive—an exceptional 18-unit multifamily in-vestment positioned in one of West Hollywood’s most coveted rental pockets, just south of Sunset Boulevard. 1429 N. Havenhurst Drive represents a rare opportunity to acquire scale, location, and below-market financing in one of Los Angeles’ most supply-constrained and high-de-mand rental submarkets. Exclusively offered at $6,000,000, this 18-unit apartment com-munity is situated on an oversized lot west of Crescent Heights Boulevard, just steps from the world-renowned Sunset Strip—placing it at the epicenter of luxury lifestyle, en-tertainment, and employment. The property features a desirable unit mix of spacious one- and two-bedroom apart-ments, catering to a strong and diverse tenant base drawn to the unmatched walkabil-ity and vibrancy of West Hollywood. The oversized lot provides a sense of openness and long-term optionality rarely found in this submarket, while the building’s positioning within a quiet residential enclave offers an ideal balance between lifestyle and livability. From an investment standpoint, 1429 Havenhurst is defined by its ability to deliver both immediate stability and long-term upside. Investors benefit from in-place income with the opportunity to renovate units and capture significant rental premiums in a submar-ket where renovated product commands top-of-market rents. Combined with contin-ued demand driven by proximity to major employment hubs, hospitality, nightlife, and high-end retail, the asset is uniquely positioned for sustained rent growth and appreci-ation. This is a generational acquisition opportunity for private capital, family offices, and sea-soned multifamily investors seeking a foothold in one of Los Angeles’ most irreplace-able locations—where barriers to entry remain high and long-term fundamentals con-tinue to outperform.