Point Villas 1627 N Poinsettia Pl 20 Unit Apartment Building $7,088,949 CAD ($354,447 CAD/Unit) 5.07% Cap Rate Los Angeles, CA 90046

Elijah Suval and Daniel Hirth of The Hirth Group have been exclusively selected to market for sale 1627 N Poinsettia Pl, Los Angeles, CA 90046 – a 20-unit apartment building consisting of approximately 14,817 SF of building on an estimated 8,436 SF lot. Built in 1965 and zoned LAR3, the property features a newly installed elevator and 24 subterranean parking spaces, offering security and convenience. With over 37% rental upside, this asset presents a compelling value-add opportunity through strategic renovations and unit turnovers. The property offers a low price per unit and represents a rare chance to acquire a deep-value, stabilized asset in an irreplaceable West Hollywood location with Los Angeles City jurisdiction.
1627 N Poinsettia Pl, Los Angeles, CA 90046 is positioned in the heart of Hollywood, surrounded by dense residential neighborhoods and a strong rental base driven by the entertainment, technology, and creative industries. The area offers walkable access to Sunset Boulevard, Hollywood & Highland, and Runyon Canyon, along with close proximity to major employment hubs including Netflix, Sunset Gower Studios, and ViacomCBS. Residents benefit from nearby neighborhood amenities such as Trader Joe’s, Ralphs, LA Fitness, and numerous restaurants, cafés, and boutiques throughout West Hollywood and Sunset Plaza. This highly sought-after infill location continues to see long-term demand from renters seeking urban living, walkability, and lifestyle convenience.