10-Unit Spanish Revival Apartment
For Sale
$4,995,000
1263 Havenhurst Dr, West Hollywood, CA 90046
One- and two-bedroom residences include assigned garage parking, with gas and electricity metered separately.
Property Size10,171 SF
Price / SF$491.10
Days on Market106
Property Features for 1263 Havenhurst Dr
General Information
Standard status
Active
Size
10,171 SF
Total Parking Spaces
10
Property subtype
MULTI_FAMILY
Occupancy
100%
Units
Multifamily Units
10
Parking per Unit
1
Individually Metered Utilities
gas, electricity
Additional Details
Tenant in Place
Yes
Amenities
fountain
gardens
courtyard
private patios
high ceilings
hardwood floors
vintage details
updated kitchens
dishwasher
washer/dryer
built-in storage
Building Details
Building Size
10,171 SF
Year Built
1939
Construction
Spanish Revival
Listing Agency:
Keller Williams Realty Los Feliz
Listed By:
Mason Canter · License #01797960
(310) 722-3161
Source:
Spireestateservices
Added: Jul 14
Changed: Oct 26
Last Checked: Oct 26 at 2:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Los Feliz
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Investment Insights
Based on property information with market context.
Built in 1939, this 10-unit Spanish Revival apartment property spans 10,171 square feet. Residences have one- and two-bedroom layouts, high ceilings, hardwood floors, vintage details, and built-in storage. Three kitchens have been updated and include dishwashers and washers and dryers. Some apartments have private patios, and many look onto the landscaped courtyard or other areas of the grounds. A fountain marks the entry, with gardens around the property.
The on-site garage provides one assigned parking space per apartment. Gas and electricity are separately metered. The property is reported as 100% occupied.
The on-site garage provides one assigned parking space per apartment. Gas and electricity are separately metered. The property is reported as 100% occupied.
Key Highlights
- 10 apartment units with one- and two‑bedroom layouts
- 10,171 square feet; built in 1939
- 100% occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,660
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,273,200
$3.3M
Cap Rate 7%
$2,338,000
$2.3M
Cap Rate 9%
$1,818,444
$1.8M
Market Conditions
NOI Build-Up for 10,171 SF
Gross rent
$323.4K $31.80/SF
− Vacancy
−$25.9K −$2.54/SF
EGI
$297.6K $29.26/SF
− OpEx
−$133.9K −$13.17/SF
NOI
$163.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,273,200
Cap Rate 7%
$2,338,000
Cap Rate 9%
$1,818,444
Alternative Uses
Best Use
Apartment 5plus
$2.34M
$2.05M – $2.73M
NOI $163,660 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.45M
$4.76M – $6.35M
NOI $381,186 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
10
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 90046, CA
49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - One- and two-bedroom residences include assigned garage parking, with gas and electricity metered separately.
Where is this apartment building located?
The property is located at 1263 Havenhurst Dr West Hollywood, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 10 apartment units with one- and two‑bedroom layouts; 10,171 square feet; built in 1939; 100% occupied
