439 N Hayworth Avenue
Los Angeles, CA 90048
- – beds
- – baths
- – sqft
- 6,613 sqft lot
- 1949 build
- – on site
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439 N. Hayworth is a value-add fourplex in the heart of the Fairfax District, an "A+" rental market under constant demand by high-income young professionals. Located blocks from The Grove and several other thriving neighborhood hubs (Melrose Ave, Fairfax Ave, West 3rd St), this charming French-Normandy style fourplex is near various trendsetting retailers, heavily-visited restaurants, and lively nightlife options. 439 N. Hayworth features (4) spacious 2-bdrm units that average approx. 1,175 SF. Please note that one unit is currently VACANT, and a section-8 tenant rents another. This Fairfax District investment opportunity presents a substantial value add opportunity, as rents are approx. 42% below market compared to renovated units in the area. Additionally, the property is offered at $425 per foot and $499,750 per unit, and at the list price, 439 N. Hayworth stabilizes at a 5.26% CAP and 13.74 GRM. Property amenities include (2) 2-car garages that generate additional income and a community laundry room.
Last checked:
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Last updated Jan 26, 2024
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MLS# 23310371 —
The Building
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Year Built:1949
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New Construction:No
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Building Area Total:4709.00
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Total Number Of Units:4
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# of Buildings:2
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Stories Total:2
Interior
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Levels:Two
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Flooring:Wood, Carpet
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Laundry:Community, In Garage
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Laundry:1
Location
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Directions:Located one block north of Beverly Blvd. and Fairfax Ave, the subject property is within walking distance of The Grove, Melrose Ave, Fairfax Ave, and West 3rd St.
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Latitude:34.07930800
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Longitude:-118.36293700
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:6613.0000
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Lot Size Acres:0.1518
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Lot Size SqFt:6613.00
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View:None
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Security Features:Gated Community
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5527032019
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage - Two Door
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Parking Spaces:4.00
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Garage Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/13/23
Nov 13, 2023
|
BRIDGE | $1,999,000 | ||
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11/13/23
Nov 13, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $1,999,000 | |
|
9/12/23
Sep 12, 2023
|
Listed / Active | CRMLS_CA | $1,999,000 |
