Trophy West Hollywood 6-Unit | Built in 1983 733 Huntley Dr 6 Unit Apartment Building $3,600,000 ($600,000/Unit) 4.90% Cap Rate West Hollywood, CA 90069

West Hollywood Trophy 6-Unit | 4.9% Cap & 13 GRM on In-Place Rents | Non-Rent Controlled | 2.76% IO Assumable Debt
The Brody Group of Marcus & Millichap is proud to exclusively present 733 Huntley Drive—a rare, boutique multifamily asset in an A+ West Hollywood location, offering condo-quality unit sizes, luxury finishes, and below-market assumable financing in one of Los Angeles’ most supply-constrained rental markets.
Positioned just moments from Melrose Place, Sunset Boulevard, and Beverly Hills, the property sits at the epicenter of West Hollywood’s premier lifestyle corridor—surrounded by world-class dining, retail, fitness, and entertainment that continues to drive exceptional tenant demand and long-term rent growth.
Built in 1983 and not subject to local rent control, the asset provides investors with true operational flexibility and the ability to capture market rent increases over time—an increasingly rare advantage in West Los Angeles.
The property features six oversized, condominium-quality residences, including approximately 1,000 SF one-bedroom units and expansive 1,300 SF two-bedroom units—floorplans that are virtually impossible to replicate in today’s development environment.
Many units have been nicely remodeled, featuring stainless steel appliances, in-unit washer/dryers, central HVAC, and private balconies, creating a true luxury rental product that appeals to affluent, long-term tenants.
733 Huntley Drive offers a best-in-class amenity profile for a boutique asset, including a modernized elevator, gated subterranean parking, and abundant natural light throughout—features that significantly enhance tenant retention and competitive positioning.
From a capital markets perspective, the opportunity is anchored by 2.76% interest-only assumable financing through 2030, creating a massive spread to current debt markets and delivering immediate positive leverage, increased cash flow, and downside protection from day one.
West Hollywood remains one of the highest barrier-to-entry rental markets in Los Angeles, with limited new supply and sustained demand driven by proximity to entertainment, media, fashion, and technology employment hubs.
This dynamic continues to support premium rents, low vacancy, and long-term appreciation.
Offered at $3,600,000 and nearly a 5.0% cap rate on in-place rents, 733 Huntley Drive represents a rare opportunity to acquire a boutique, non-rent controlled, luxury multifamily asset with scale, quality, and financing that is virtually impossible to replicate in today’s market.