1656 S Hayworth Ave - Multi-Family FOR SALE


Los Angeles, CA 90035- Mid-City
$4,199,000 USD
818-859-7242
1656 S Hayworth Ave, Los Angeles, CA for Sale
$4,199,000 USD
Multi-Family - FOR SALE
1/27
null | 5.25% Cap Rate

1656 S Hayworth Ave
Los Angeles, CA 90035
Mid-City


HIGHLIGHTS

  • NON-RENT-CONTROLLED asset: strong rental upside
  • 75% leased at market rents with full lease-up expected soon: immediate income + near term stabilization
  • Large, renter-friendly units with premium, functional layouts
  • Large, renter-friendly units with premium, functional layouts
  • Private 360° rooftop decks with sweeping city views: major rent driver
  • Separately metered for electric & water + fully electric building for low operating expenses

OVERVIEW

The 2–4 Unit Specialists are pleased to present 1656 S Hayworth Avenue, a brand-new, NON-RENT-CONTROLLED luxury fourplex located on a quiet, tree-lined street in Pico-Robertson—one of Los Angeles’ most central and desirable rental markets. This high performing asset offers a projected 5.25% 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/5bath 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.

FOR SALE DETAILS

PRICE

$4,199,000 USD

PRICE/SF

$624 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,049,750

CAP RATE

5.25%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

75% Leased Luxury Fourplex | Miracle Mile/BH

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

LAR2

APN/PARCEL ID

5068-020-017

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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