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137 N Doheny Dr 5 Unit Apartment Building $20,869,348 CAD ($4,173,870 CAD/Unit) 5.16% Cap Rate West Hollywood, CA 90048
Investment Highlights
- Trophy Location – Prime Doheny Drive Corridor
- Exceptional Long-Term Value with Zero Deferred Maintenance
- Brand New Construction – Built to Condo Specs
Executive Summary
137 N Doheny is a one-of-a-kind luxury asset now offered for sale—brand-new construction, built to condo specs, and situated in one of West Hollywood’s most sought-after neighborhoods. Each residence occupies an entire floor with private, coded elevator access, offering unmatched privacy and exclusivity. With all the heavy lifting complete, the property is primed for a buyer to finalize the condo map and realize significant upside through individual unit sales. In a market with virtually no new supply and sustained end-user demand, Doheny offers a rare chance to unlock premium exit pricing while holding a design-forward, zero-maintenance asset in the interim. This is not just a multifamily building—it’s a ready-made path to condo sellout profits in a blue-chip location.
Property Facts
| Price | $20,869,348 CAD | Building Class | A |
| Price Per Unit | $4,173,870 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 26,325 SF |
| Cap Rate | 5.16% | Average Occupancy | 80% |
| No. Units | 5 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.57/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | LAR4 - high density residential | ||
| Price | $20,869,348 CAD |
| Price Per Unit | $4,173,870 CAD |
| Sale Type | Investment |
| Cap Rate | 5.16% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.15 AC |
| Building Size | 26,325 SF |
| Average Occupancy | 80% |
| No. Stories | 6 |
| Year Built | 2024 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | LAR4 - high density residential |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- 24 Hour Access
- Fitness Center
- Spa
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3.5 | 5 | - | 3,250 |
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4335-006-027 | Improvements Assessment | $4,606,656 CAD |
| Land Assessment | $1,512,174 CAD | Total Assessment | $6,118,829 CAD |
Property Taxes
Parcel Number
4335-006-027
Land Assessment
$1,512,174 CAD
Improvements Assessment
$4,606,656 CAD
Total Assessment
$6,118,829 CAD
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La Luxuries
137 N Doheny Dr
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