822 N Hayworth Avenue,Los Angeles, CA 90046
Los Angeles, CA 90046
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. 8 one bed / one bath units with upgraded unit interiors with stainless steel appliances + hardwood floors. 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. Highlights: *Remodeled Art Deco apartment building with zen garden + courtyard fountain, and additional land for up to 5 ADUs. *2,100 SF of buildable land to potentially develop 5 ADUs and increase gross income. *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. *Cap Rate: 5.41% / NOI: $150,096 / Please request Financials for further Information*
Details
| MLS # | 26653177 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 185 |
| Listing Provided By | The Passman Group, Inc. | Ricky Mitchell |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 4,840 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.17 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Microwave |
Exterior
| Construction Materials | Stucco |
|---|---|
| Lot Features | Front Yard |
Parking
| Parking Features | Assigned |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90046 |
| Area | C10 West Hollywood Vicinity |
| Listing VS Median (in 90046) | |
Price: $2,675,000 low | high Med: $2,517,500 sqft: 4,840 low | high Med: 6,296 $ / sqft: $553 low | high Med: $400 On site: 185 low | high Med: 425.5 | |
Market Activity 90046
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90046 |
| Area | C10 West Hollywood Vicinity |
| Listing VS Median (in 90046) | |
Price: $2,675,000 low | high Med: $2,517,500 sqft: 4,840 low | high Med: 6,296 $ / sqft: $553 low | high Med: $400 On site: 185 low | high Med: 425.5 | |
