652 North Hayworth Avenue
652 North Hayworth Avenue Los Angeles, California 90048 United States

$3,450,000
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The building will be delivered with five vacant units, one of which is substantially renovated, and one partially renovated. There is over 90% rental upside from the as-is rents to the market rents including the two ADUs. The property is...

Keller Williams-Santa Monica

Listing Courtesy of Keller Williams-Santa Monica
$3,450,000
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.17 Acres
Exterior
Residential Income
Property type
1959
Year Built
21105905
Web Id
21105905
MLS ID
Los Angeles Unified
School District
18
days ago

About 652 North Hayworth Avenue

The building will be delivered with five vacant units, one of which is substantially renovated, and one partially renovated. There is over 90% rental upside from the as-is rents to the market rents including the two ADUs. The property is comprised of nine units and will be delivered with RTI plans for two ADUs. These plans also encompass the seismic retrofit upgrades since they are in the same location as the ADUs. The concurrent construction will allow for cost savings for the retrofit. The current unit mix consists of (3) two-bedroom, two-bath units and (6) one-bedroom, one-bath units. The upstairs units have balconies, and the downstairs units have the potential to add private patios. The under-utilized front yard could become additional parking spaces or an amenity space. The property currently has 5 single and 3 tandem parking stalls for a total of 11 spaces. In addition to being surrounded by some of the most coveted retail in the city, one of main drivers of the strength of this special Melrose/Fairfax/West Hollywood/Grove intersection is the plethora of high paying jobs created by the entertainment, media and technology companies such as Netflix, CBS, Viacom, and HBO.

Listing Courtesy of Mark Ventre, Keller Williams-Santa Monica, 01811490, Darin Beebower, Keller Williams-Santa Monica, 01121421, Active

Amenities

  • Refrigerator

features

cooling
Propane Heating

PROPERTY INFORMATION

Appliances
Gas Oven, Refrigerator, Range Hood
Heating
Wall Furnace
Parking Description
Covered, Carport

EXTERIOR

Construction
Stone, Stucco

INTERIOR

Flooring
Tile, Vinyl
Interior Features
Ceiling Fan(s)

ADDITIONAL INFORMATION

Number of Units
9

652 North Hayworth Avenue, Los Angeles, California 90048 United States is a Residential Income for Sale for $3,450,000. Was built in 1959,  on a lot of .17 Acres ( m2) and it's composed from .


Listing Courtesy of Keller Williams-Santa Monica

Keller Williams-Santa Monica

Listing Courtesy of Keller Williams-Santa Monica
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Based on information from CRISNet MLS as of at the data was obtained. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.