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Faits saillants de l'investissement
- The property offers stable in-place cash flow with significant embedded rental upside in a supply-constrained submarket.
- Current in-place rents average approximately 30% below market, representing an average $795 per unit per month loss-to-lease.
- Haven Villa combines an irreplaceable infill location with long-term investment fundamentals supported by strong renter demand.
- Prime West Hollywood location-walking distance to the world famous Sunset Strip.
Résumé de l'annonce
Northmarq, as the exclusive listing agent, is pleased to present the opportunity to acquire Haven Villa, a 30-unit value-add investment opportunity in the heart of West Hollywood.
Haven Villa represents an exceptionally rare acquisition opportunity. Apartment communities of this scale in this premier pocket of West Hollywood rarely trade. Constructed in 1953, the property’s classic mid-century architecture and prominent corner location at Havenhurst Drive and Fountain Avenue position it as an ideal opportunity to reposition a timeless apartment community in one of Los Angeles’ most desirable rental neighborhoods.
Centered around an expansive interior courtyard with a pool, the property offers 31 covered and tuck-under parking spaces, an on-site laundry facility, and efficient floor plans. Current ownership has completed several meaningful capital improvements, including a completed seismic retrofit (2020), replacement of the central boiler system, and electrical subpanel upgrades throughout every unit. While the interiors have been only lightly updated and retain much of their original mid-century character, they present investors with an exceptional opportunity to modernize the living spaces while preserving the architectural charm that defines West Hollywood’s most desirable vintage apartment communities.
Situated on an approximately 30,617-square-foot corner lot, the property encompasses approximately 26,878 gross square feet and features an attractive unit mix of twenty-one (21) one-bedroom/one-bathroom units, eight (8) two-bedroom/one-bathroom units, and one (1) two-bedroom/one-and-one-half-bathroom unit. The property’s efficient layout, desirable amenities, and remaining value-add potential provide an outstanding opportunity to reposition the asset for today’s West Hollywood renter.
Beyond the property’s intrinsic value, its exceptional location carries notable allure. Positioned at the highly visible corner of Havenhurst Drive and Fountain Avenue, the property benefits from outstanding curb appeal, excellent drive-by visibility, and exceptional walkability. Residents are just steps from the Sunset Strip and within walking distance of iconic destinations including Chateau Marmont, The Comedy Store, Connie & Ted’s, Sunset Plaza, Pendry West Hollywood, and Soho House West Hollywood. Additionally, the continued revitalization of the Sunset Strip through significant hospitality, retail, and mixed-use redevelopment continues to strengthen the neighborhood’s long-term appeal and demand for renovated apartment communities.
Given its irreplaceable location, attractive physical attributes, and significant value-add potential, Haven Villa offers investors the rare opportunity to acquire and reposition a premier vintage apartment community within one of Los Angeles’ most coveted rental submarkets.
Haven Villa represents an exceptionally rare acquisition opportunity. Apartment communities of this scale in this premier pocket of West Hollywood rarely trade. Constructed in 1953, the property’s classic mid-century architecture and prominent corner location at Havenhurst Drive and Fountain Avenue position it as an ideal opportunity to reposition a timeless apartment community in one of Los Angeles’ most desirable rental neighborhoods.
Centered around an expansive interior courtyard with a pool, the property offers 31 covered and tuck-under parking spaces, an on-site laundry facility, and efficient floor plans. Current ownership has completed several meaningful capital improvements, including a completed seismic retrofit (2020), replacement of the central boiler system, and electrical subpanel upgrades throughout every unit. While the interiors have been only lightly updated and retain much of their original mid-century character, they present investors with an exceptional opportunity to modernize the living spaces while preserving the architectural charm that defines West Hollywood’s most desirable vintage apartment communities.
Situated on an approximately 30,617-square-foot corner lot, the property encompasses approximately 26,878 gross square feet and features an attractive unit mix of twenty-one (21) one-bedroom/one-bathroom units, eight (8) two-bedroom/one-bathroom units, and one (1) two-bedroom/one-and-one-half-bathroom unit. The property’s efficient layout, desirable amenities, and remaining value-add potential provide an outstanding opportunity to reposition the asset for today’s West Hollywood renter.
Beyond the property’s intrinsic value, its exceptional location carries notable allure. Positioned at the highly visible corner of Havenhurst Drive and Fountain Avenue, the property benefits from outstanding curb appeal, excellent drive-by visibility, and exceptional walkability. Residents are just steps from the Sunset Strip and within walking distance of iconic destinations including Chateau Marmont, The Comedy Store, Connie & Ted’s, Sunset Plaza, Pendry West Hollywood, and Soho House West Hollywood. Additionally, the continued revitalization of the Sunset Strip through significant hospitality, retail, and mixed-use redevelopment continues to strengthen the neighborhood’s long-term appeal and demand for renovated apartment communities.
Given its irreplaceable location, attractive physical attributes, and significant value-add potential, Haven Villa offers investors the rare opportunity to acquire and reposition a premier vintage apartment community within one of Los Angeles’ most coveted rental submarkets.
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
-
|
-
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
-
|
-
|
| Revenu net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
Faits sur la propriété
| Type de vente | Investissement | Taille du lot | 0,70 AC |
| Nombre d’unités | 30 | Taille du bâtiment | 26 878 pi² |
| Type de propriété | Immeuble residentiel | Occupation moyenne | 100% |
| Sous-type de propriété | Appartement | Nombre d’étages | 2 |
| Style d’appartement | De faible hauteur | Année de construction | 1953 |
| Classe d’immeuble | B | Ratio de stationnement | 1,15/1 000 pi² |
| Zonage | WDR4* - High Density Residential | ||
| Type de vente | Investissement |
| Nombre d’unités | 30 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,70 AC |
| Taille du bâtiment | 26 878 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1953 |
| Ratio de stationnement | 1,15/1 000 pi² |
| Zonage | WDR4* - High Density Residential |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 21 | 2 512 $ CAD | 800 |
| 2+1 | 8 | 2 633 $ CAD | 1 000 |
| 2+1.5 | 1 | 3 829 $ CAD | 1 100 |
Très accessible à pied
80/100
Moyennement adapté aux voitures
60/100
Transports en commun relativement accessibles
50/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 5554-008-007 | Évaluation des bâtiments | 3 142 839 $ CAD |
| Évaluation du terrain | 12 288 730 $ CAD | Évaluation totale | 15 431 569 $ CAD |
Impôts fonciers
Numéro de lot
5554-008-007
Évaluation du terrain
12 288 730 $ CAD
Évaluation des bâtiments
3 142 839 $ CAD
Évaluation totale
15 431 569 $ CAD
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1308 Havenhurst Dr
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