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$ 1,985,000
Est. payment | /mo
4 Beds
3,950 SqFt
$ 1,985,000
Est. payment | /mo
4 Beds
3,950 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,950 sqft
Price per Sqft $502
MLS Listing ID CL26648861
Bedrooms 4
HOA Y/N No
Year Built 1922
Lot Size 7,102 Sqft
Acres 0.16
Property Sub-Type OTHER
Property Description
Two units DELIVERED VACANT at COE of this 4-Plex in a prime West Hollywood location just south of Santa Monica Boulevard. 1028 N Hayworth Avenue is a charming 1922 Spanish-style fourplex situated on a 7,102 sq ft lot (WDR3Czoning). The 3/2's were built in the 80's. This income-producing property features a desirable mix of two 1-bedroom/1-bath units and two spacious 3-bedroom/2-bath units. Each unit is separately metered, with tenants responsible for gas, water, and electricity helping maintain low operating expenses. Recent upgrades include Liquid Rubber Roof Treatments in 2024 across all units, multiple new waterheaters, interior renovations, and appliance replacements. With one unit vacant and another to be delivered vacant, the property offers strong upside potential through rental repositioning or possible redevelopment. Unit Breakdown: * 1028 N Hayworth Ave1 bed | 1 bath | Month-to-month lease at $1,248/monthFeatures a newer hot water heater (approx. 3 years old) and received a Liquid RubberRoof Treatment in 2024. This unit is in need of full renovation. * 1028 1/2 N Hayworth Ave1 bed | 1 bath + walk-in closet or small office | Vacant (Market rent est. $2,950/month)Renovated in 2024 with new kitchen countertops, sink, fixtures, refrigerator, stove,dishwasher, and flooring, new copper repipe throughout and mini-split HVAC. Includes in-unit laundry and newer waterheater (2021), as well as Liquid Rubber Roof Treatment (2024). * 1030 1/2 N Hayworth Ave 3 bed | 2 bath | Month-to-month lease at $3,565/monthTenants moved in June 2022. Features a gas fireplace, exterior laundry, new flooring(2020), appliances replaced in 2021 (refrigerator and stove), and Liquid Rubber Roof Treatment in 2024. * 1030 N Hayworth Ave 3 bed | 2 bath | Will be delivered vacant (Market rent est. $4,500/month) Renovated in 2025 with new flooring throughout, a full downstairs bathroom renovation, and a kitchen remodel including new cabinets, countertops, sink, fixtures, and appliances. Includes exterior laundry with new washer and dryer, hot water heater replaced in 2023, wall-unit heating and AC on both floors, as well as a Liquid Rubber Roof Treatment in 2024. There is no off-street parking for this property. However, the seller has had a long-standing informal agreement with a property owner across the street to lease two tandem parking spaces for $750 per year. This arrangement has been in place for over 20 years but is month-to-month and may be terminated with 30 days' notice.
Location
State CA
County Los Angeles
Zoning WDR3C*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Dryer, Washer, Other
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5529009036
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Listed by Shamim Khorsand Mashhadi • Estate Properties
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California 94513, United States