822 Hayworth Ave - Apartments FOR SALE


Los Angeles, CA 90046- Beverly Grove
$2,775,000 USD
310-859-8100
822 Hayworth Ave, Los Angeles, CA for Sale
$2,775,000 USD
Apartments - FOR SALE
1/47
null | 5.41% Cap Rate

822 Hayworth Ave
Los Angeles, CA 90046
Beverly Grove


HIGHLIGHTS

  • 2,100 SF of buildable land to potentially develop 5 ADUs and increase gross income
  • Remodeled Art Deco apartment building with zen garden + courtyard fountain, and additional land for up to 5 ADUs
  • Exceptional location, one block west of Fairfax, one block north of Melrose, adjacent to major bus line and proposed Metro Station
  • Onsite parking: 5 gated spaces, 2 accessible through the rear alley, 7 in total
  • Close to the Original Farmers Market, the Grove, Erewhon Market, Whole Foods + Fairfax High School

OVERVIEW

A meticulously renovated 8-unit Art Deco apartment building, 822 Hayworth Avenue seamlessly blends historic charm with modern comfort. Interiors include stainless steel appliances, new hardwood flooring, and abundant natural light. Residents enjoy a tranquil front courtyard with water fountain and alley-accessed parking. Highly desirable neighborhood offering nearby shops, dining, and entertainment. Potential ADU development opportunity further complements this rare investment opportunity with strong upside in one of Los Angeles’ most desirable locals. 8 one bed / one bath units with upgraded unit interiors with stainless steel appliances + hardwood floors. 2,100 SF of buildable land – Rare opportunity in a high-demand area with ample space for multi-unit development » Potential to develop 5 ADUs – Maximize investment returns with accessory dwelling units ideal for rental income or multigenerational living. Architectural plans available (to build 4 units + parking) – Shovel-ready development with professionally designed plans included, saving time and costs on entitlements and design work. Parking: 7 spaces, 5 gated, 2 unsecured. Financial prospectus available upon request.

FOR SALE DETAILS

PRICE

$2,775,000 USD

PRICE/SF

$562 USD /SF

# OF UNITS

8

PRICE/UNIT

$346,875

CAP RATE

5.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,500 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

5529-021-042

ASK ABOUT THIS PROPERTY

David PassmanThe Passman Group IncMore Info
310-859-8100

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David PassmanThe Passman Group IncMore Info
310-859-8100

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