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29127448
29127460

1656 S Hayworth Ave, Los Angeles, CA 90035

EM
CA 01921425
Myunits.com
Listed by Myunits.com
$3,999,000
168 days on market
Updated 47 days ago

1656 Hayworth Ave

Details
APN 5068-020-017
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,727
Units 4
Cap Rate 5.57%
NOI $222,774
Occupancy 100%
Pro-Forma Cap Rate 5.57%
Pro-Forma NOI $222,774
Price per SqFt $594
Year Built 2026
Buildings 2
Stories 3
Lot Size (SqFt) 6,376
Zoning LAR2
Parking Spaces 8 spaces
Parking Per SqFt 1.19

Fully Leased Luxury Fourplex in A+ Location near Pico-Robertson

Marketing description

The 2–4 Unit Specialists are pleased to present 1656 S Hayworth Avenue, a brand-new, fully stabilized, NON-RENT-CONTROLLED luxury fourplex located on a quiet, tree-lined street in PicoRobertson—one 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 100% leased at strong rents, providing immediate income. 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-rentcontrolled asset in a prime, supply-constrained submarket.

Investment highlights

  • NON-RENT-CONTROLLED asset: strong rental upside
  • Fully stabilized at market rents!
  • Large, renter-friendly units with premium, functional layouts
  • Ideal unit mix: (2) 4BR, (1) 3BR, (1) 5BR : built for strong income generation
  • Private 360° rooftop decks with sweeping city views: major rent driver
  • High-end modern finishes, open-concept design, and in-unit laundry throughout
  • Separately metered for electric & water + fully electric building for low operating expenses
  • Striking contemporary construction with standout curb appeal
  • Located on a quiet, tree-lined street in a highly desirable neighborhood
  • Prime central location near Beverly Hills, Beverly Grove, Fairfax & Culver City
  • Turnkey 1031 exchange opportunity: low-maintenance new construction asset

Listing Contacts

EM
CA 01921425
Myunits.com
Listed by Myunits.com

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$222,774.00
$18,564.50/mo

Valuation Metrics

0
DSCR
5.57%
Cap Rate
5.57%
ROI

Map

Zoning

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R2-1-O ResidentialTwo FamilyTwo Family Residential Oil Drilling
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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