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$ 3,999,000
Est. payment /mo
Price Dropped by $200K
1658 S Hayworth Avenue Los Angeles, CA 90035
16 Beds
16 Baths
6,376 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26069126
Bedrooms 16
Lot Size 6,376 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1658 S Hayworth Avenue is a brand-new, NON-RENT-CONTROLLED luxury fourplex located on a quiet, tree-lined street in Pico-Robertsonone of Los Angeles most central and desirable rental markets. This high performing asset offers a projected 5.57% cap rate with ultra-low operating expenses, as all units are separately metered for electric and water and the property is fully electric with no gas. The property is already 75% leased at strong rents, with full lease up expected soon, providing immediate income with upside as stabilization is achieved. 1656 S Hayworth features four oversized, renter-friendly units with an ideal mix: two expansive 4-bed/4-bath units, one 3-bed/3- bath, and one rare 5-bed/5-bath single-family-style residence. These units showcase premium modern finishes, open-concept layouts, in-unit laundry, and private 360-degree rooftop decks with sweeping city views that command top-of-market rents. Designed for long-term performance and strong tenant appeal, the property includes eight onsite parking spaces, central HVAC, and striking contemporary architecture. Ideally located just minutes from Beverly Hills, Beverly Grove, Culver City, and the Fairfax District, this turnkey opportunity is well-suited for investors or 1031 exchange buyers seeking a low-maintenance, non-rent controlled asset in a prime, supply-constrained submarket.
Location
State CA
County Los Angeles
Zoning Builder
Direction Located on S Hayworth Ave, North of Venice. Blvd and South of Pico Blvd.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5068020017
Listed by Cheyenne Womack, DRE#02064825 Myunits.com Inc.
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