Skip To Content

    1023 N Hayworth Avenue

    West Hollywood, CA 90046
    • $3,400,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: 21757928
    UPDATED: 15 min ago
    $3,400,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1959
    County:

    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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T19:33:30.847. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
    www.marknazzalrealty.com/homes/119133095
    Print Image

    1023 N Hayworth Avenue West Hollywood, CA 90046

    • Price: $3,400,000
    • Status: Active
    • Updated: 15 min ago
    • 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 2021-09-23T19:33:30.847. 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 Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365758862-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365758862-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365758862-2.jpg
    Logo
    Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
    1473 Ford St., Suite 200
    Redlands CA, 92373