Multifamily Property for Sale in West Hollywood, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: West Hollywood, CA 90069

Description

Marcus & Millichap is proud to exclusively present 733 Huntley Drive—a rare, institutional-quality 6-unit asset in prime West Hollywood featuring luxury unit sizes, modern construction, and below-market assumable financing. 733 Huntley Drive represents a highly curated multifamily investment opportunity in one of West Hollywood’s most prestigious residential enclaves. Built in 1983 and therefore not subject to local rent control, the property offers inves-tors a unique combination of operational flexibility, high-end physical attributes, and long-term upside in a supply-con-strained market. The asset consists of six exceptionally large units, including approximately 1,000 square foot one-bedroom units and expansive 1,300 square foot two-bedroom residences—sizes that rival for-sale condominiums and consistently com-mand premium rents. Each unit is equipped with in-unit washer and dryer, central air and heat, and private balconies, delivering a true condo-quality living experience that appeals to affluent tenants seeking space, privacy, and lifestyle. The building further distinguishes itself with an elevator and gated subterranean parking—amenities rarely found in comparable West Hollywood multifamily offerings—enhancing both tenant appeal and long-term competitiveness. From a capital markets perspective, the offering is anchored by highly attractive assumable financing at 2.76% inter-est-only, fixed through 2030—creating a substantial spread to current debt markets and delivering immediate cash flow enhancement and risk mitigation for the next ownership. Positioned just moments from the Sunset Strip, Melrose Place, and West Hollywood’s premier dining, retail, and nightlife destinations, 733 Huntley Drive offers a best-in-class location that continues to benefit from strong tenant demand and long-term rental growth. Offered at $3,600,000, this is a rare opportunity to acquire a boutique, non-rent controlled, luxury multifamily asset with scale, quality, and financing

Market Context

This multifamily in West Hollywood, CA is listed for sale. It is offered at an approximate 4.9% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in West Hollywood, CA — <a href="/search/sale/multifamily/california/west-hollywood">view the full market</a>.

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