The Festival Companies buy 40-unit West Hollywood Apartment Property Trades for $10.1M ($252K/unit)

  • 12/20/2024

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A 40-unit multifamily property in West Hollywood traded for $10.1 mil, which works out to $252k per unit and $397/sf. The property, located at 1260 Hayworth Ave, was acquired by Festival Companies. Nestled between Sunset Blvd and Santa Monica Blvd, 1260 Hayworth Avenue offers a landscaped courtyard setting, surrounded by West Hollywood’s premier amenities. Residents benefit from the nearby Sunset Strip, Santa Monica Boulevard and Fairfax Avenue, offering world-class dining, shopping and entertainment options.

The Festival Companies
Eli Mahl | Investment Director

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