Listed by The Passman Group
$2,675,000
822 N. Hayworth Ave
Details
APN 5529-021-042
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,840
Units 8
Cap Rate 5.47%
NOI $151,767
Year Built 1924
Year Renovated 2025
Lot Size (SqFt) 7,500
Zoning LAR3
Parking Spaces 7 spaces
Parking Per SqFt 1.45
Multifamily | 5.47% CAP | 8 Units
Marketing description
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.
Investment highlights
- Exceptional location, one block west of Fairfax, one block north of Melrose, adjacent to major bus line and proposed Metro Station
- Remodeled Art Deco apartment building with zen garden + courtyard fountain, and additional land for up to 5 ADUs
- 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
- 8 one bed / one bath unts with upgraded unit interiors with stainless steel appliances + hardwood floors
- 2,100 SF of buildable land to potentially develop 5 ADUs and increase gross income
- Price + financial prospectus available upon request
- 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
Listing Contacts
Listed by The Passman Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$151,767.00
$12,647.25/mo
Valuation Metrics
0
DSCR
5.67%
Cap Rate
5.67%
ROI
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