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    1/2 BATHS
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Listing Details

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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

1023 North Hayworth Avenue, a 9-unit apartment asset in West Hollywood, one of the most desirable submarkets of Los Angeles. Located 1/2 block south of Santa Monica Boulevard and one block west of Fairfax. Built in 1959, the property has an advantageous unit mix of (3) two-bedroom/two-bathroom, (5) one-bedroom/one-bathroom units and 1 studio unit. The property has undergone recent improvements including a newer roof and copper plumbing throughout. Several of the nine units have been completely renovated. The remaining unrenovated units offer investors 48% upside potential in rents. The remodeled units feature hardwood floors, recessed lighting, stainless steel appliances, quartz countertops and in-unit washer and dryers. Densely packed into 1.9 walkable square miles, West Hollywood includes a vast culinary landscape, the Sunset Strips notorious nightlife, designer flagships lining the Design District, celebrity hot spots, global annual events, premier spas, fitness centers and entertainment. Motivated Seller.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/119133095
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1023 N Hayworth Avenue West Hollywood, CA 90046

  • Price: $3,400,000
  • Status: Active
  • ID#: 21757928
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1959
Built
Neighborhood:
C10 - West Hollywood Vicinity
County:
Los Angeles
Area:
C10 - West Hollywood Vicinity
Property Description
1023 North Hayworth Avenue, a 9-unit apartment asset in West Hollywood, one of the most desirable submarkets of Los Angeles. Located 1/2 block south of Santa Monica Boulevard and one block west of Fairfax. Built in 1959, the property has an advantageous unit mix of (3) two-bedroom/two-bathroom, (5) one-bedroom/one-bathroom units and 1 studio unit. The property has undergone recent improvements including a newer roof and copper plumbing throughout. Several of the nine units have been completely renovated. The remaining unrenovated units offer investors 48% upside potential in rents. The remodeled units feature hardwood floors, recessed lighting, stainless steel appliances, quartz countertops and in-unit washer and dryers. Densely packed into 1.9 walkable square miles, West Hollywood includes a vast culinary landscape, the Sunset Strips notorious nightlife, designer flagships lining the Design District, celebrity hot spots, global annual events, premier spas, fitness centers and entertainment. Motivated Seller.
Exterior Features

Parking Features CoveredGarageTandem

Interior Features

Appliances DishwasherGas CooktopMicrowaveOven Flooring Wood Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)

Property Features

Garage YN Yes Gross Income 197652 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 118094 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 2 Zoning Wdr3c*

Listing provided courtesy of Kimberly Roberts Stepp of Stepp Commercial


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T00:26:59.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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