Commercial Real Estate in California available for sale
1031 Exchange Properties For Sale

1031 Exchange Properties for Sale in California, USA

More details for 30920 Benton Rd, Winchester, CA - Retail for Sale

30920 Benton Rd

Winchester, CA 92596

  • 1031 Exchange Property
  • Retail for Sale
  • $6,253,239 CAD
  • 5,800 SF
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More details for 0 Monolith St, Tehachapi, CA - Land for Sale

0 Monolith St - 0 Monolith St

Tehachapi, CA 93561

  • 1031 Exchange Property
  • Land for Sale
  • $2,768,805 CAD
  • 6.85 AC Lot

Tehachapi Land for Sale - NE Outlying Kern County

Now offered at $2,500,000, this ±6.85-acre commercial offering consists of two parcels (APNs: 223-510-04-00-5 and 223-510-60-00-7) and presents a compelling development opportunity along the highly traveled Highway 58 corridor in Tehachapi, CA. Strategically positioned adjacent to Love’s Travel Center, the property benefits from strong daily traffic counts, excellent visibility, and direct access to a key transportation route connecting Central California to the Mojave Desert and beyond. This location supports a wide range of highway-oriented commercial uses and continues to see demand driven by logistics, travel, and regional growth. The site is zoned C-2 (General Commercial), allowing for flexible development options including travel center, gas station, truck stop, EV charging station, hotel, retail, quick service restaurants (QSR), warehousing, light industrial uses, and contractor yards (buyer to verify with Kern County). Conceptual plans have been explored for a full-service travel center development featuring a gas station, hotel, and QSR components, offering a clear path for investors or developers seeking to capitalize on the site’s highest and best use. A conceptual site plan is included in the marketing materials for reference. Utilities are located nearby, supporting efficient future development. The property’s proximity to existing national operators enhances its long-term viability and provides confidence in the surrounding commercial ecosystem. This offering represents a significant price repositioning, creating an attractive entry point for investors, developers, or owner-users looking to secure a well-located commercial site in a growing corridor. Existing studies and reports may be available upon request. Buyer to conduct their own due diligence regarding zoning, land use, utilities, access, and development requirements.

Contact:

Keller Williams College Park

Property Subtype:

Commercial

Date on Market:

2026-04-01

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More details for 2310 Taft Hwy, Bakersfield, CA - Land for Sale

2310 Taft Hwy

Bakersfield, CA 93313

  • 1031 Exchange Property
  • Land for Sale
  • $2,129,850 CAD
  • 6.79 AC Lot

Bakersfield Land for Sale - SW Outlying Kern County

Approved self-storage development opportunity now offered at a newly improved price of $1.6M. The property consists of approximately ±6.79 acres located along Taft Highway in Bakersfield with approximately 159 feet of frontage and convenient access to Highway 99. The seller has already completed significant entitlement and development groundwork through Kern County, including approval of a General Plan Amendment, Zone Change, and Precise Development Plan for a proposed ±594-unit mini warehouse/self-storage facility. The approved project includes office/caretaker quarters and provides developers with a potential opportunity to reduce entitlement timelines and upfront development risk compared to raw land sites. The property is zoned C-2 PD (General Commercial – Precise Development Combining District), creating flexibility for additional commercial and light industrial uses subject to buyer verification with Kern County. Potential alternative uses may include warehousing, distribution, contractor yard, service-related industrial uses, highway commercial uses, retail/service uses, EV charging concepts, fuel/travel-related commercial uses, and other commercial development opportunities positioned within a growing Highway 99 corridor. Utilities including water, sewer, and gas are reported to be located nearby along Taft Highway. Buyer to independently verify all utility availability, capacity, and connection requirements. The site is strategically positioned within a growing commercial corridor with nearby major travel center and commercial development activity, as well as ongoing Caltrans roadway widening and infrastructure improvements along Taft Highway. With approvals already completed and pricing recently repositioned, this offering presents a rare opportunity for investors and developers seeking a previously approved self-storage project with development groundwork already in place in a growing Bakersfield corridor.

Contact:

Keller Williams College Park

Property Subtype:

Commercial

Date on Market:

2026-04-01

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More details for 4200 Coulter Ln, Shingle Springs, CA - Land for Sale

Latrobe Ranch - 4200 Coulter Ln

Shingle Springs, CA 95682

  • 1031 Exchange Property
  • Land for Sale
  • $1,774,875 CAD
  • 160.25 AC Lot

Shingle Springs Land for Sale - El Dorado

This is a 1200sf 2-3 bed 2 bath house on 160 acres. Great investment for finishing the parcel split and developing the lots in an area of 3,000-4,000sf homes on 20-40 acre lots selling at $1-2M. Per county, the existing home can be treated as an ADU and another home built on the property. (Buyer to verify.) A parcel split to portion the 160 acres into four 40 acre lots has a tentative map approval and improvement plans for the required road approved. The buyer could build the road, finish the final accounting with the county for the split, and sell off the adjoining parcels. Or buyer could just post a bond to build the road later, finalize the split, sell the parcels, and build the road later with a little of the funds from the sold parcels. Seller will provide all information and plans for the split, buyer to verify. Comparable properties for the resulting lots after the split are selling in Latrobe and Shingle Springs: Two adjoining 40 acre parcels are selling for $450,000 (MLS 225151948) and $365,000 (MLS 225140942) (the second is a bankruptcy sale and the road is rough and unpaved, so it's lower than market price would be for 4200 Coulter) and a 40 acre parcel on nearby Settler's Trail also listed at $450,000 was just in escrow and now back on the market (MLS 226028796). 5520 Mother Lode Drive, Placerville (MLS 226000278) is about the same distance as 4200 Coulter from El Dorado Hills. This is a fixer on 40 acres: 1166sf, 2-3 bed, 1 bath, not remodeled like 4200 Coulter. Listed at $900,000 and pending after only 6 days on market. While the owner doesn't have a formal written estimate for the road cost, one road contractor gave a rough figure for it to cost around $350,000. The remaining county fees are negligible compared to the road cost. Buyer to verify all estimates during escrow investigation period. For more information, including a 360 property walk and map on Google Earth, please visit our homepage at LatrobeRanch.com.

Contact:

Hoekstra Real Estate

Property Subtype:

Residential

Date on Market:

2026-04-01

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More details for 80510 Indio Boulevard, Indio, CA - Land for Sale

Jefferson St @ Interstate 10 - 80510 Indio Boulevard

Indio, CA 92201

  • 1031 Exchange Property
  • Land for Sale
  • $3,265,770 CAD
  • 2.51 AC Lot
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More details for 4375 Jutland Dr, San Diego, CA - Office for Sale

4375 Jutland Dr

San Diego, CA 92117

  • 1031 Exchange Property
  • Office for Sale
  • $18,458,699 CAD
  • 31,530 SF
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More details for 4140 48th St, San Diego, CA - Multifamily for Sale

Turn-Key Stabilized 5.2% CAP - 4140 48th St

San Diego, CA 92105

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,981,790 CAD
  • 4,180 SF
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More details for 1327 W 35th St, Los Angeles, CA - Multifamily for Sale

12 Unit student bed by USC - 1327 W 35th St

Los Angeles, CA 90007

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,271,840 CAD
  • 4,108 SF
  • Air Conditioning
  • Kitchen

Los Angeles Multifamily for Sale - Koreatown

Partners CRE is pleased to present for sale a 12-unit student housing property located by USC. This property is two houses on a lot. One four-bedroom house, and one 8-bedroom house. Each room has a separate lease. Located in the coveted USC Security Patrol Zone and just 3 blocks from campus, this exceptional student housing investment is a high-performing asset in one of Los Angeles' most sought-after rental markets. The University of Southern California is world renown and one of the top rated institutions in the country. Because of proximity to campus, this property consistently commands premium rents, catering to both USC students and young professionals. Property includes two beautifully restored Craftsman residences totaling 12 bedrooms, with the potential to accommodate up to 19 occupants. Originally built in 1913 and beautifully renovated, the residences feature polished hardwood floors, granite countertops, stainless steel appliances, laundry, central HVAC, and updated systems including copper plumbing, electrical, and roofing. Each bedroom is spacious and well-appointed with furnishings such as beds, desks, armoires, and mini-fridges, along with individual climate controls. The property also offers on-site parking, secure entry, and additional amenities that enhance tenant appeal. This is a turnkey investment with excellent operating fundamentals. With the addition of the brand-new George Lucas Museum, the LAFC Stadium, upcoming 2028 Olympic events and much more, this location will continue to see increasing demand, and huge long-term growth.

Contact:

KW Commercial Beverly Hills

Property Subtype:

Apartment

Date on Market:

2026-03-31

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More details for 3232 S Central Ave, Los Angeles, CA - Multifamily for Sale

3232 S Central Ave

Los Angeles, CA 90011

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,740,797 CAD
  • 5,180 SF
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More details for 2113 W Court St, Los Angeles, CA - Land for Sale

Vacant LAR4-1 Multifamily Development Site - 2113 W Court St

Los Angeles, CA 90026

  • 1031 Exchange Property
  • Land for Sale
  • $1,561,890 CAD
  • 0.15 AC Lot

Los Angeles Land for Sale - East Hollywood/Silver Lake

Vacant LAR4-1 Multifamily Development Site – Ready to Build Exceptional opportunity to acquire a fully cleared 6,654 SF LAR4-1-zoned lot in a rapidly evolving Los Angeles submarket. Featuring approximately 41 feet of frontage and 163 feet of depth, the site offers an efficient and highly usable footprint for multifamily design and construction. The property is currently vacant following the demolition of prior improvements, allowing a developer to move directly into planning and entitlements without the delays or costs associated with tenant relocation or structure removal. Zoned LAR4-1, the site supports high-density residential development and is well-suited for a ground-up apartment or condominium project. Based on standard density allowances, the lot can potentially accommodate 10+ units by right, with additional upside potential through Transit-Oriented Communities (TOC) incentives and density bonus programs. Strategically located in the Echo Park Neighborhood Council, the property is just minutes from Downtown Los Angeles and surrounded by some of LA’s most dynamic neighborhoods, including Echo Park, Silver Lake, and Koreatown. The site offers convenient access to major freeways (101, 110, 10, 5, and 60), providing excellent regional connectivity. Nearby lifestyle amenities such as Echo Park Lake, Silver Lake Reservoir, and Dodger Stadium enhance tenant appeal, while close proximity to DTLA’s major employment centers positions the property within one of the strongest multifamily rental corridors in Los Angeles.

Contact:

T.N.G. Real Estate Consultants

Property Subtype:

Commercial

Date on Market:

2026-03-31

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More details for 4655 33rd St, San Diego, CA - Multifamily for Sale

4655 33rd St

San Diego, CA 92116

  • 1031 Exchange Property
  • Multifamily for Sale
  • $3,975,720 CAD
  • 4,968 SF
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More details for 13020-13026 Sherman Way, North Hollywood, CA - Retail for Sale

13020-13026 Sherman Way

North Hollywood, CA 91605

  • 1031 Exchange Property
  • Retail for Sale
  • $5,956,480 CAD
  • 9,000 SF
  • 24 Hour Access
  • Restaurant

North Hollywood Retail for Sale

(Owner-User and/or Investment Opportunity) The property is 100% occupied with three tenants generating $21,440/month in gross income. All three tenants — Kidz Kingdom, Van Bakery, and SimpleFloors — have been operating at this location since before 2008. These are seasoned operators with over 15 years of continuous tenancy at this address. Van Bakery has a fully built-out commercial kitchen. Two of the three tenants are month-to-month; Van Bakery holds an active lease through 3/1/2028. All rents are below market and are structured as gross leases — the owner is currently absorbing all operating expenses. Lessor reserves the right to pass through NNN/operating expenses to tenants, representing additional income upside for a new owner. Seller financing is available — contact broker for terms. Two of the three tenants are month-to-month; clear path for an owner-user to occupy 51% or more of the building and access SBA financing with as little as 10% down. For an investor, the property generates day-one income at 100% occupancy with an in-place cap rate of 3.48%* and a proforma cap rate of 5.42%‡ if the investor passes 100% of operating expenses to tenants (NNN) following a $100K renovation. Occupy Kidz Kingdom (5,294 SF / 58.82%) and qualify for SBA 504 or 7(a) financing with as little as 10% down ($419,500). Remaining two tenants generate $9,540/month in rental income day one. • Gross annual income per owner’s 2025 P&L: $244,880 • Seller financing available (Contact Broker for Guidance on Terms) • Loan may be assumable (Seller needs to check with Lender) • Seller is not charging operating expenses • Kidz Kingdom is paying $2.24/psf/mo. (gross) • Van Bakery is paying $2.89/psf/mo. (gross) • Simple floors is paying $2.17/psf/mo. (gross) • UPSIDE: Seller is not charging nnn & rents are below market. Leases reserve the right to pass through triple nets.

Contact:

NAI Capital

Property Subtype:

Freestanding

Date on Market:

2024-11-19

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More details for 435 W Orange Show Ln, San Bernardino, CA - Office for Sale

435 W Orange Show Ln

San Bernardino, CA 92408

  • 1031 Exchange Property
  • Office for Sale
  • $3,264,350 CAD
  • 11,992 SF
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More details for 649-655 W Commonwealth Ave, Fullerton, CA - Office for Sale

Flexible Office/Retail Space on Busy Street - 649-655 W Commonwealth Ave

Fullerton, CA 92832

  • 1031 Exchange Property
  • Office for Sale
  • $2,257,641 CAD
  • 3,198 SF
  • Air Conditioning
  • 24 Hour Access

Fullerton Office for Sale

Positioned on a prominent corner lot along the highly traveled W. Commonwealth Avenue, this exceptional commercial property at 649–655 W. Commonwealth Ave offers a rare opportunity to acquire a high-exposure asset in one of Fullerton’s most active business corridors. Benefiting from dual street frontage, excellent visibility, and strong daily traffic counts, this property is ideally suited for a variety of commercial uses. Its corner positioning significantly enhances exposure and accessibility, making it highly attractive for both tenants and businesses seeking maximum presence. Located just minutes from Downtown Fullerton, the property is surrounded by a vibrant mix of retail, dining, and residential neighborhoods, providing consistent foot traffic and a strong customer base. A standout feature of the property is its long-standing music school tenant, operating successfully at this location for over 20 years. This established tenant provides stable occupancy, recurring customer traffic, and strong community recognition, serving as an anchor-type tenant that enhances the property's overall value and stability. The property consists of multiple units, offering flexibility for multi-tenant income, owner-user occupancy, or future repositioning opportunities. Investors will appreciate the existing tenant stability, while owner-users can capitalize on the high-visibility location. Additional highlights include convenient access to major freeways and transportation routes, making the property easily accessible for customers, clients, and employees. This is a rare opportunity to acquire a corner lot commercial asset with strong visibility, established tenancy, and long-term upside potential in the thriving Fullerton market.

Contact:

T.N.G. Real Estate Consultants

Property Subtype:

Loft/Creative Space

Date on Market:

2026-03-28

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More details for Palmdale Rd, Victorville, CA - Land for Sale

5 Palmdale Rd, Adelanto, CA 92301 - Palmdale Rd

Victorville, CA 92392

  • 1031 Exchange Property
  • Land for Sale
  • $979,731 CAD
  • 8.80 AC Lot

Victorville Land for Sale - Mojave River Valley

APN 3103-401-05-0000 Palmdale Rd, Adelanto, CA 92301 Motivated seller!!!, 50k price reduction. This 8.84 Acres of vacant land is located on the north side of Hwy 18 (aka Palmdale Rd), about 1.7 miles west of Hwy 395 in an almost fully developed residential area. The subject parcel falls within two zoning designations in the City of Adelanto: the northern part is R1 - Single Family Residential 4 DU/AC and the southern part (fronting Hwy 18) is C - General Commercial. The west side of the parcel borders the neighboring school's ball field, and the north side of the parcel borders an established residential neighborhood. Standard Utilities are next to the site on the north side of the property, Gas, Electric, Water, Telephone, Sewer, buyer to verify all. Hwy 18 is a major east-west arterial in the high desert, linking the Victor Valley and the Antelope Valley. Hwy 395 is a major north-south corridor for both recreational travelers and truck traffic. Where Hwy 18 & Hwy 395 intersect - east of the subject site - commercial development has exploded in recent years. The construction of Walmart, Walgreens, Panda Express, McDonald's, El Pollo Loco, Chevron, AutoZone and a full retail strip center at the northeast corner of the intersection has added to the existing retail at the Stater Bros shopping center across the street which offers CVS Pharmacy, Starbucks, Denny's, Del Taco, Long John Silver's, US Bank and another retail strip center. East of the site, at the corner of Hwy 18 & Verbena, Lines demarcating boundaries are approximate and not surveyed, buyer and buyer’s agent to verify utilities, zoning & exact boundary lines to satisfy yourselves with the property. Google Maps Coordinates for signage location and the property are: 34.508472, -117.430861, bring us your offer today.

Contact:

MGR Real Estate, Inc.

Property Subtype:

Commercial

Date on Market:

2026-03-27

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More details for 1033 Magnolia St, Oakland, CA - Multifamily for Sale

Top Floor Owner Unit Move-In Ready - 1033 Magnolia St

Oakland, CA 94607

  • 1031 Exchange Property
  • Multifamily for Sale
  • $1,412,800 CAD
  • 3,940 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Oakland Multifamily for Sale - Oakland-West

Nathaniel Reinke and the KW Advisors team are pleased to present 1033 Magnolia Street, a high-yield five-unit multifamily asset in West Oakland. Now offered at a compelling $995,000 price point, this property delivers an exceptional 7.77% current Cap Rate, making it one of the strongest income-producing opportunities in the submarket. INVESTMENT HIGHLIGHTS: Price Reduction: Recently adjusted to $995,000 ($199,000/unit), providing immediate equity for the incoming investor. Superior Cash Flow: Strong current NOI of $82,087.50 with an 7.77% Cap Rate and a 8.29 GRM. Owner-User Opportunity: Features a move-in ready top-floor owner’s unit, ideal for a buyer looking to live on-site while offsetting their mortgage with high rental income. Extensive Renovations: The property was renovated in 2015 and includes high-end finishes such as granite countertops, hardwood floors, and crown molding in select units. Modern Amenities: Units are equipped with modern conveniences including dishwashers, in-unit laundry (select units), and private balconies or decks. PROPERTY SPECIFICATIONS: Units: 5 Units (Mix of 1BD, 2BD, and Cottage) Building Size: 3,940 SF on a 0.11-acre lot. Location: Central West Oakland location with easy access to Downtown Oakland, BART, and San Francisco. For more information or to schedule a private tour of the owner’s suite, please contact Nathaniel Reinke at (415) 710-7284.

Contact:

KW Advisors East Bay

Property Subtype:

Apartment

Date on Market:

2026-03-26

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More details for 2086 Loop Dr, Salton City, CA - Land for Sale

2086 Loop Dr, Thermal, CA 92274 - 2086 Loop Dr

Salton City, CA 92275

  • 1031 Exchange Property
  • Land for Sale
  • $319,477 CAD
  • 2.57 AC Lot

Salton City Land for Sale

Positioned in the heart of rapid growth, this ±2.57-acre (111,949 SF) commercially zoned parcel at 2086 Loop Dr presents an exceptional opportunity for investors, developers, and owner-users looking to capitalize on a strategic location in Thermal. Located within walking distance to established national retailers including Family Dollar, Dollar General, Jack in the Box, and Chevron, the property benefits from consistent consumer traffic and strong surrounding commercial activity. This positioning makes it ideal for a wide range of uses including retail, quick-service restaurant (QSR), mixed-use development, or long-term land banking. With flat, usable topography and excellent accessibility, the site offers a flexible canvas for development in a market experiencing continued expansion and demand for neighborhood-serving businesses. Its proximity to major thoroughfares and established amenities enhances visibility and convenience for future customers and tenants alike. Whether you’re looking to develop immediately or secure a high-potential asset in a growing corridor, this property delivers on location, scale, and upside. Highlights: ±111,949 SF (±2.57 Acres) commercial parcel Strategic infill location with surrounding national tenants High visibility and strong local traffic drivers Ideal for retail, QSR, service-based businesses, or investment hold Flat and usable land with development potential Growing area with increasing demand for commercial services Don’t miss this rare opportunity to secure a prime commercial footprint in one of the Coachella Valley’s emerging markets.

Contact:

Rise Realty

Property Subtype:

Commercial

Date on Market:

2026-03-26

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More details for 617 W 3rd St, Long Beach, CA - Multifamily for Sale

3rd St Apartments - 617 W 3rd St

Long Beach, CA 90802

  • 1031 Exchange Property
  • Multifamily for Sale
  • $2,413,828 CAD
  • 7,190 SF
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More details for 411 N La Brea Ave, Inglewood, CA - Land for Sale

Commercial Property - 411 N La Brea Ave

Inglewood, CA 90302

  • 1031 Exchange Property
  • Land for Sale
  • $3,691,740 CAD
  • 0.19 AC Lot
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More details for 4125 Market St, Ventura, CA - Flex for Sale

Unit 11 - 4125 Market St

Ventura, CA 93003

  • 1031 Exchange Property
  • Flex for Sale
  • $1,838,770 CAD
  • 3,562 SF
  • 1 Unit Available
  • Air Conditioning

Ventura Flex for Sale

An Owner-User Dream Acquisition! Watch the video in the below link to get a feel for the flow for the space. An Industrial Warehouse with a high-energy vibe for the Creative Team, Media-Assets & Arts, R&D Design, Light Manufacturing and Packaging of your Flagship Products, Podcast Staging, Professional Photography Studio, Private Fitness Club with Cold Plunges, or show off the coolest office setup for your Financial Services Clients! Running late for a meeting an don't have time to get home to prepare? Unit 11 provides the solution with a high-end bathroom and shower! Host fine-art shows, business social gatherings with multiple well lite areas throughout the space to accommodate multiple staging of your products, cater food for guests with the built-in kitchenette. Host presentations in the 2nd level large room that can be setup with theater style seating (picture with the tv screen rendering). Perhaps implement a co-work service with the 2nd level multiple offices with attractive modern barn-door style glass-paned doors; an elegant touch for sure. For the Investor, just market to fulfill the lease! Approx. 3,562 SF / Fire Sprinklered / HVAC / Parking / Zoned Industrial Commercial MPD / Immediate Access to Restaurants, Services, Fuel, Freeway. Monthly HOA $526.00 as of May of 2026. Excluded From Sale: The appliances and shelving shown in the kitchenette photo has been removed by Seller. However you can match the same esthetics by replacing the items using the photo as the design guide on how awesome it will look! Included In The Sale: Tankless Water Heater and the Wine Cooler in the Kitchenette. Call Steven Canchola for am immediate showing 805-258-2078 or Steven@Realinvestments.com

Contact:

Real Investments

Property Subtype:

Light Manufacturing

Date on Market:

2026-03-25

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More details for 8441 Grand View dr, Los Angeles, CA - Land for Sale

8441 Grand View dr

Los Angeles, CA 90046

  • 1031 Exchange Property
  • Land for Sale
  • $566,540 CAD
  • 0.41 AC Lot
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More details for 1429 Havenhurst Dr, West Hollywood, CA - Multifamily for Sale

18-Unit Weho Trophy Asset- 5.45% Cap - 1429 Havenhurst Dr

West Hollywood, CA 90046

  • 1031 Exchange Property
  • Multifamily for Sale
  • $6,957,510 CAD
  • 13,824 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

West Hollywood Multifamily for Sale

Chateau Marmont Adjacent Trophy Asset | Only $272K Per Door | 2.76% IO Assumable Financing Rare opportunity to acquire an 18-unit West Hollywood apartment community just steps from the iconic Chateau Marmont, offered at only $272,000 per unit and $354 per square foot. This fully occupied asset delivers an attractive 5.45% in-place cap rate and 13.6 GRM, with a projected 8.6% proforma cap rate and 9.0 GRM through strategic renovations and operational enhancements. Even more compelling, the property features an exceptional 2.76% interest-only assumable loan through 2030 at approximately 50% loan-to-value, creating immediate positive leverage and the potential for 10%+ cash-on-cash returns in today's high-interest-rate environment. We are pleased to present 1429 N. Havenhurst Drive, a premier multifamily investment opportunity located in one of Southern California's most prestigious and supply-constrained rental markets. Situated on a quiet, tree-lined street moments from the Sunset Strip, Melrose Avenue, and Beverly Hills, the property offers investors immediate scale in a highly sought-after location characterized by affluent demographics, exceptional walkability, and long-term rent growth. Built in 1957, the property consists of a desirable mix of spacious one- and two-bedroom residences featuring abundant natural light, efficient floor plans, and classic mid-century architecture. Ownership has meticulously maintained the asset, which benefits from beautiful landscaping, strong curb appeal, completed seismic retrofitting, and brand-new dual-pane windows throughout—significantly reducing future capital expenditure requirements. From a value-add perspective, the investment thesis is outstanding. Investors have the opportunity to renovate interiors and capture substantial rental upside while preserving strong in-place cash flow. Additionally, the property may accommodate up to seven ADUs (Buyer to Verify), increasing the unit count by nearly 40% and creating a significant long-term value creation opportunity. Residents enjoy immediate access to West Hollywood's world-class dining, entertainment, nightlife, and retail amenities, while remaining minutes from major employment centers serving the entertainment, media, technology, and creative industries. This unmatched location continues to attract a deep pool of high-income renters, supporting strong occupancy and sustained rental demand. With 100% occupancy, below-market assumable financing, proven cash flow, significant rental upside, ADU potential, and irreplaceable West Hollywood positioning, 1429 N. Havenhurst Drive represents one of the most compelling multifamily investment opportunities currently available in Los Angeles. Investment Highlights 18 Units | 100% Occupied Only $272,000 Per Door Only $354 Per Square Foot 5.45% In-Place Cap Rate 8.6% Proforma Cap Rate 13.0 GRM In-Place | 9.0 GRM Proforma 2.76% Interest-Only Assumable Loan Through 2030 Approximately 50% LTV Financing Potential 10%+ Cash-on-Cash Returns Potential for Up to 7 ADUs (Buyer to Verify) Completed Seismic Retrofit Brand New Windows Throughout Steps from Chateau Marmont, Sunset Strip & Melrose

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-03-25

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