1216–1218 Poinsettia Drive 1218 Poinsettia Dr 2 Unit Apartment Building $1,528,368 CAD ($764,184 CAD/Unit) 2.25% Cap Rate West Hollywood, CA 90046

The Sterman Multifamily Group of Marcus & Millichap and The Kamara Multifamily Group of Lyon Stahl are pleased to present 1216–1218 Poinsettia Drive, a two-unit apartment property located in the highly sought-after West Hollywood submarket. Constructed in 1923, the property is situated on an approximately 5,853 square foot lot and offers roughly 1,782 square feet of rentable space. The unit mix consists of two (2) one-bedroom/one-bath units, providing an efficient layout that caters to strong renter demand in this premier location.
1216–1218 Poinsettia Drive benefits from its prime positioning within West Hollywood, offering immediate access to some of the area’s most notable dining, retail, and entertainment destinations. The property is conveniently located near major thoroughfares, providing connectivity to Beverly Hills, Hollywood, and the greater Los Angeles region. The surrounding neighborhood continues to attract consistent tenant demand due to its walkability, vibrant lifestyle amenities, and proximity to key employment hubs.
The property presents a compelling opportunity for investors seeking a boutique, well-located multifamily asset in one of Los Angeles’ most desirable rental markets. With its classic architecture, irreplaceable location, and strong long-term fundamentals, 1216–1218 Poinsettia Drive offers both stability and upside potential in a high-barrier-to-entry submarket.