1320 N Harper Ave - Apartments FOR SALE


West Hollywood, CA 90046
$11,995,000 USD
718-406-3128
1320 N Harper Ave, West Hollywood, CA for Sale
$11,995,000 USD
Apartments - FOR SALE
1/36
null | 4.48% Cap Rate

1320 N Harper Ave
West Hollywood, CA 90046


HIGHLIGHTS

  • Townhouse-Style Units with Individual APN’s – Multiple Exit Strategies
  • Architectural Elegance in the Heart of West Hollywood
  • Luxury-Inspired Amenities Elevate Tenant Experience
  • Close Proximity to Major Employment Hubs
  • True Trophy Asset in an A+++ Location
  • Gated Parking & High-End Curb Appeal

OVERVIEW

Townhouse-Style Units with Individual APN’s – Multiple Exit Strategies With 14 individual APNs already in place, this asset offers immense strategic flexibility. Investors can choose to operate it as a stabilized income-producing property over a preferred long-term hold period, or unlock value by selling off individual units over time. This approach is underpinned by strong local comparables: in West Hollywood, condominiums are currently trading in the low-to-mid $1-million range, while upscale Century City condos routinely command well over $1.5M. These proven price points support both steady rental ROI and attractive future unit-sale values, allowing phased exit options that align with market cycles or investor preferences. Architectural Elegance in the Heart of West Hollywood This 14-unit, 20,786 SF Mediterranean Revival–style building is a true work of art. From its curved, terracotta-tiled staircases to its bronze statue and lush ivy-draped façade, the property radiates sophistication and charm. Thoughtfully maintained over the years, this is not just a building—it’s a legacy asset that reflects decades of pride in ownership and impeccable stewardship. Luxury-Inspired Amenities Elevate Tenant Experience This beautifully maintained Mediterranean Revival property pairs architectural charm with a premium amenity package that enhances tenant appeal and supports top-tier rents. Units feature granite countertops, vaulted ceilings, walk-in closets, private balconies/patios, and in-unit laundry. Select homes offer lofts, dens, or Spanish tile floors for added character. Maple wood-style flooring and wood-burn-ing fireplaces elevate the interiors, while the grounds boast lush landscaping, a picnic area with BBQ, extra storage, and central air/heating. Part-time courtesy patrol adds peace of mind—delivering the lifestyle renters expect in West Hollywood’s luxury market. Close Proximity to Major Employment Hubs Strategically located just minutes from Hollywood, Century City, Beverly Hills, and UCLA, this property places residents near the epicenters of Los Angeles’ economic power. Netflix, Paramount, and other major studios are nearby, while Century City—home to top law firms, financial institutions, and Fortune 500 offices—fuels constant rental demand from high-income professionals. True Trophy Asset in an A+++ Location Nestled between the iconic Sunset Strip and Santa Monica Boulevard, this building sits in one of the most desirable and stable submarkets in all of Los Angeles. West Hollywood offers unparalleled access to cultural, culinary, and lifestyle amenities, ensuring high renter retention and long-term market desirability. Buildings of this quality and location are exceedingly rare to come by. Gated Parking & High-End Curb Appeal The gated garage provides secure on-site parking—a valuable amenity in West Hollywood—and adds to the exclusive feel of the property. The dramatic entry, flanked by two ornamental staircases and topped with a sculptural statement piece, enhances the building’s curb appeal and premium identity. Fully Stabilized & Exceptionally Maintained All 14 units are currently occupied, providing immediate income from day one. The building is in immaculate condition, minimizing capital expenditures and offering peace of mind to any investor seeking a hands-off, low-maintenance asset in a blue-chip location.

FOR SALE DETAILS

PRICE

$11,995,000 USD

PRICE/SF

$553 USD /SF

# OF UNITS

14

PRICE/UNIT

$856,786

CAP RATE

4.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Isola Bella Townhomes

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

WDR4*

APN/PARCEL ID

5554-017-029,5554-017-030,5554-017-031,5554-017-032,5554-017-033,5554-017-034,5554-017-035,5554-017-036,5554-017-037,5554-017-038,5554-017-039,5554-017-040,5554-017-041,5554-017-042

ASK ABOUT THIS PROPERTY

Sam LiberowMarcus & MillichapMore Info
718-406-3128

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Sam LiberowMarcus & MillichapMore Info
718-406-3128

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.