Listed by Myunits.com Inc.
$3,999,000
1658 S Hayworth Avenue
Details
APN 5068020017
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.57%
Buildings 2
Acreage 0.146
Zoning Builder
Multifamily | 5.57% CAP | 4 Units
Marketing description
1658 S Hayworth Avenue is a brand-new, fully stabilized, 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 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-rent controlled asset in a prime, supply-constrained submarket.
Listing Contacts
Listed by Myunits.com Inc.
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