$9,000,000
SOLD JUL 22, 2025

1283 Havenhurst Dr West Hollywood, CA 90046

-- Bed
-- Bath
12,990 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$693 Per Sq Ft

10% Below List Price

58 Days on Market

Highlights

  • Park
  • Foothills
  • No Heating
  • Laundry Room
  • Bike Trail
  • 2-minute walk to Havenhurst Park

About This Home

As of July 2025

TWG Commercial | The Weddle Group is pleased to present for sale 1283 Havenhurst Drive in West Hollywood, CA a rare opportunity to acquire a non-fractured, eight-unit, newer construction, luxury condominium complex at well below-market pricing. Average individual condominium sales comps support $1.5M to $2.2M+. There is significant upside in selling off units individually with very little to NO UPGRADES REQUIRED. TENANTS ARE SYSTEMATICALLY REMOVABLE. NOWEST HOLLYWOOD RENT CONTROL. There is currently one unit purposely vacant. Nestled in one of the nation's most coveted cities, this exquisite property was constructed in 2008 and elegantly renovated in 2021, showcasing a desirable mix of spacious condominiums epitomizing modern living. Each unit is adorned with upscale finishes, in-unit laundry, custom wood flooring, Bosch kitchen appliances, quartz counters, new cabinets, soundproof windows, central heat/ac and more. The property’s exterior has also undergone extensive enhancements, culminating in a visually stunning aesthetic that features a serene 360-degree rooftop deck and an inviting courtyard—perfect for entertaining guests or enjoying peaceful moments in the sun. The property boasts a prime location in a sophisticated and vibrant neighborhood known for its blend of classic charm, modern luxury, tree-lined streets and an overall aesthetic that is quintessentially Californian. PLEASE DO NOT DISTURB TENANTS. CONTACT EXCLUSIVE LISTING AGENT GARY WEDDLE FOR MORE INFORMATION AND TOUR DATES.

Last Agent to Sell the Property

Gary Weddle

Southwest Equity Partners License #01919292 Listed on: 03/04/2025

Last Buyer's Agent

Bachir Oueida

Douglas Elliman License #00936311

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,223

Year Built

  • Built in 2008

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre
  • 5554-016-065 5554-016-066 5554-016-067 5554-016-068 5554-016-069 5554-016-070 5554-016-071

Parking

  • 18 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 12,990 Sq Ft Home
  • 4-Story Property

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Lot See OM
  • Assessor Parcel Number 5554016064
  • $1 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • 8 Units
  • Foothills

Recreation

  • Park
  • Bike Trail

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Insurance Expense $31,971
  • Professional Management Expense $28,490
  • Trash Expense $3,063
  • New Taxes Expense $143,168
  • Operating Expense $275,441
  • Gross Income $45,575
  • Net Operating Income $324,102

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,223

Year Built

Built in 2008

Lot Details

0

Parking

18

Listing Details

  • Assessments: No
  • CapRate: 3.24
  • Price Per Unit: 1125000
  • Professional Management Expense: 28490.00
  • Property Attached: Yes
  • View: No
  • Zoning: Residential
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 5554016064
  • Year Built: 2008
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 4
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 692.84

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 18.00
  • Parking: No
  • Total Parking Spaces: 18.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 3063.00

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Foothills, Street Lights, Suburban, Biking, Park

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5554-016-065 5554-016-066 5554-016-067 5554-016-068 5554-016-069 5554-016-070 5554-016-071
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Gross Income: 45575.00
  • Gross Scheduled Income: 485965.00
  • Insurance Expense: 31971.00
  • Net Operating Income: 324102.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 202327.00
  • Rent Control: No
  • Total Expenses: 275441.00

Tax Info

  • New Taxes Expense: 143168.00
  • Tax Lot: See OM
  • Tax Tract Number: See OM
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Jun 13, 2025
Sold by
Sycamore Hills Llc
Bought by
Beverly Llc
Seller's Agent
Gary Weddle
Southwest Equity Partners
Buyer's Agent
Bachir Oueida
Douglas Elliman
List Price
$10,000,000
Sold Price
$9,000,000
Premium/Discount to List
-$1,000,000
-10%
Total Days on Market
58
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-93.50%

Purchase Details

Closed on
Dec 30, 2021
Sold by
Haven Fountain Llc
Bought by
Sycamore Hills Llc

Purchase Details

Closed on
Sep 15, 2017
Sold by
8200 Fountain Llc
Bought by
Haven Fountain Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
3.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $9,000,000 Chicago Title Company
Grant Deed $10,400,000 Chicago Title Company
Grant Deed $8,000,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,000,000 Commercial
Previous Owner $5,125,000 Unknown
Previous Owner $4,390,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $9,000,000 0.0% $693 / Sq Ft
04/21/2025 04/21/25 Price Changed $9,000,000 -4.3% $693 / Sq Ft
04/01/2025 04/01/25 Price Changed $9,400,000 -6.0% $724 / Sq Ft
03/04/2025 03/04/25 For Sale $10,000,000 -- $770 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,223 $1,528,139 $530,604 $997,535
2024 $18,223 $1,498,176 $520,200 $977,976
2023 $17,904 $1,468,800 $510,000 $958,800
2022 $15,160 $1,280,207 $643,321 $636,886
2021 $15,026 $1,255,106 $630,707 $624,399
2019 $14,532 $1,217,880 $612,000 $605,880
2018 $14,439 $1,194,000 $600,000 $594,000
2017 $11,030 $905,082 $414,429 $490,653
2016 $10,787 $887,336 $406,303 $481,033
2015 $10,616 $874,008 $400,200 $473,808
2014 $10,610 $856,888 $392,361 $464,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2502058

California Regional Multiple Listing Service (CRMLS)

APN: 5554-016-064