Multifamily
Sunset Legacy Collection
733 Huntley Dr, West Hollywood, CA 90069
Listing Price: $4,000,000
Investment Overview
Marcus & Millichap is proud to exclusively present 733 Huntley Drive—a rare, institutional-quality 6-unit asset in prime West Hollywood featuring luxury unit sizes, modern construction, and below-market assumable financing.
733 Huntley Drive represents a highly curated multifamily investment opportunity in one of West Hollywood’s most prestigious residential enclaves. Built in 1983 and therefore not subject to local rent control, the property offers investors a unique combination of operational flexibility, high-end physical attributes, and long-term upside in a supply-constrained market.
The asset consists of six exceptionally large units, including approximately 1,000 square foot one-bedroom units and expansive 1,300 square foot two-bedroom residences—sizes that rival for-sale condominiums and consistently command premium rents. Each unit is equipped with in-unit washer and dryer, central air and heat, and private balconies, delivering a true condo-quality living experience that appeals to affluent tenants seeking space, privacy, and lifestyle.
The building further distinguishes itself with an elevator and gated subterranean parking—amenities rarely found in comparable West Hollywood multifamily offerings—enhancing both tenant appeal and long-term competitiveness.
From a capital markets perspective, the offering is anchored by highly attractive assumable financing at 2.76% interest-only, fixed through 2030—creating a substantial spread to current debt markets and delivering immediate cash flow enhancement and risk mitigation for the next ownership.
Positioned just moments from the Sunset Strip, Melrose Place, and West Hollywood’s premier dining, retail, and nightlife destinations, 733 Huntley Drive offers a best-in-class location that continues to benefit from strong tenant demand and long-term rental growth.
Offered at $4,000,000, this is a rare opportunity to acquire a boutique, non-rent controlled, luxury multifamily asset with scale, quality, and financing that is nearly impossible to replicate in today’s market.
Sunset Legacy Collection
Investment Highlights
- NON-RENT CONTROLLED (BUILT 1983) Rare exemption from local rent control—unlock true market rent growth and operational flexibility in one of LA's most regulated submarkets.
- SUB-3% ASSUMABLE DEBT (2.76% IO THROUGH 2030) In-place financing dramatically below current rates—significant cash flow advantage and built-in hedge against rising capital costs.
- CONDO-QUALITY UNITS WITH PREMIUM SQUARE FOOTAGE Oversized 1BR (1,000 SF) and 2BR (1,300 SF) units with in-unit laundry, central HVAC, and balconies—designed to attract high-income tenants.
- ELEVATOR + GATED SUBTERRANEAN PARKING Institutional-level amenities rarely found in 6-unit assets—enhances tenant profile, rentability, and long-term asset positioning.
- PRIME WEST HOLLYWOOD LOCATION Steps from Sunset Strip and Melrose Place—irreplaceable lifestyle location with unmatched walkability, retail, and employment drivers.
- BUY BELOW CONDO ALTERNATIVE COST BASIS At $4M for six oversized units, investors are effectively acquiring large, condo-quality residences at a significant discount to for-sale West Hollywood condo pricing—creating built-in basis protection.
- TENANT PROFILE = HIGH-INCOME, LOW-TURNOVER Large unit sizes, in-unit laundry, parking, and central HVAC attract affluent, long-term tenants—reducing turnover costs and stabilizing cash flow.
- TRUE "PRIDE OF OWNERSHIP" ASSET 1983 construction with elevator and subterranean parking positions this as a boutique, institutional-quality property—not a typical 1960s walk-up—appealing to a higher-end renter demographic.
Exclusively Listed By
Financing By
Listing Price: $4,000,000
Investment Highlights
- NON-RENT CONTROLLED (BUILT 1983) Rare exemption from local rent control—unlock true market rent growth and operational flexibility in one of LA's most regulated submarkets.
- SUB-3% ASSUMABLE DEBT (2.76% IO THROUGH 2030) In-place financing dramatically below current rates—significant cash flow advantage and built-in hedge against rising capital costs.
- CONDO-QUALITY UNITS WITH PREMIUM SQUARE FOOTAGE Oversized 1BR (1,000 SF) and 2BR (1,300 SF) units with in-unit laundry, central HVAC, and balconies—designed to attract high-income tenants.
- ELEVATOR + GATED SUBTERRANEAN PARKING Institutional-level amenities rarely found in 6-unit assets—enhances tenant profile, rentability, and long-term asset positioning.
- PRIME WEST HOLLYWOOD LOCATION Steps from Sunset Strip and Melrose Place—irreplaceable lifestyle location with unmatched walkability, retail, and employment drivers.
- BUY BELOW CONDO ALTERNATIVE COST BASIS At $4M for six oversized units, investors are effectively acquiring large, condo-quality residences at a significant discount to for-sale West Hollywood condo pricing—creating built-in basis protection.
- TENANT PROFILE = HIGH-INCOME, LOW-TURNOVER Large unit sizes, in-unit laundry, parking, and central HVAC attract affluent, long-term tenants—reducing turnover costs and stabilizing cash flow.
- TRUE "PRIDE OF OWNERSHIP" ASSET 1983 construction with elevator and subterranean parking positions this as a boutique, institutional-quality property—not a typical 1960s walk-up—appealing to a higher-end renter demographic.
Investment Overview
Marcus & Millichap is proud to exclusively present 733 Huntley Drive—a rare, institutional-quality 6-unit asset in prime West Hollywood featuring luxury unit sizes, modern construction, and below-market assumable financing. 733 Huntley Drive represents a highly curated multifamily investment opportunity in one of West Hollywood’s most prestigious residential enclaves. Built in 1983 and therefore not subject to local rent control, the property offers investors a unique combination of operational flexibility, high-end physical attributes, and long-term upside in a supply-constrained market. The asset consists of six exceptionally large units, including approximately 1,000 square foot one-bedroom units and expansive 1,300 square foot two-bedroom residences—sizes that rival for-sale condominiums and consistently command premium rents. Each unit is equipped with in-unit washer and dryer, central air and heat, and private balconies, delivering a true condo-quality living experience that appeals to affluent tenants seeking space, privacy, and lifestyle. The building further distinguishes itself with an elevator and gated subterranean parking—amenities rarely found in comparable West Hollywood multifamily offerings—enhancing both tenant appeal and long-term competitiveness. From a capital markets perspective, the offering is anchored by highly attractive assumable financing at 2.76% interest-only, fixed through 2030—creating a substantial spread to current debt markets and delivering immediate cash flow enhancement and risk mitigation for the next ownership. Positioned just moments from the Sunset Strip, Melrose Place, and West Hollywood’s premier dining, retail, and nightlife destinations, 733 Huntley Drive offers a best-in-class location that continues to benefit from strong tenant demand and long-term rental growth. Offered at $4,000,000, this is a rare opportunity to acquire a boutique, non-rent controlled, luxury multifamily asset with scale, quality, and financing that is nearly impossible to replicate in today’s market.
Exclusively Listed By
Financing By
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