1028 N Hayworth Ave, WEST HOLLYWOOD, CA

$2,750,000

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8

Beds

6

Baths

3,950

Square feet

0.16

Acres

About 1028 N Hayworth Ave

Nestled in the heart of West Hollywood, this property boasts a prime location surrounded by an array of restaurants, bars, and entertainment venues, along with convenient access to the vibrant shops lining Melrose Avenue and the amenities of Whole Foods Market. Offering a compelling opportunity for both owner-occupiers and savvy investors, this collection of four freestanding homes presents a value-add proposition through renovation potential in the vacant units.The property features a diverse mix of residences, including two spacious 3-bedroom, 2-bathroom townhomes and two cozy 1-bedroom, 1-bathroom cottages. Each unit is equipped with separate gas, electric, and water meters, ensuring individualized utility management. At the time of closing, one of the 3-bedroom units and one of the 1-bedroom units will be delivered vacant, providing flexibility for new owners.The front cottage, 1028, currently occupied, offers a charming living space with wood and carpet flooring, complemented by an AC wall unit and a sizable enclosed front yard. Adjacent, 1028 1/2, soon to be vacant, features a gas wall heater, two window AC units, and a private side yard, along with newer appliances and a newer water heater as well as brand new 9 inch wide vinyl laminate flooring throughout the house.One of the highlights, 1030, also to be delivered vacant, is a spacious 3-bedroom townhouse featuring a gas wall heater, an AC wall unit, and a range of recent updates including kitchen cabinets and flooring and comes with 2 tandem parking spaces. Additionally, 1030 1/2 exudes character with its high ceilings, gas fireplace, and elegant spiral staircase, offering a blend of modern comfort and timeless charm.Both townhomes boast enclosed patios off the upstairs bedrooms, adding an inviting outdoor retreat. All units except 1028 have Washer and Dryer, 1028 1/2 is in-unit while 1030 and 1030 1/2 are located outside the units. Notably, parking arrangements have been established with leased tandem spaces nearby, although longevity is subject to negotiation.While all information provided is deemed reliable, prospective buyers and their agents are encouraged to conduct thorough due diligence to ensure satisfaction with the property. With its versatile layout, convenient amenities, and prime location, this offering presents an exceptional opportunity to become a part of the vibrant West Hollywood community.

Features of 1028 N Hayworth Ave

MLS® # 24-387933
Price $2,750,000
Units 4
Bedrooms 8
Bathrooms 6.00
Square Footage 3,950
Acres 0.16
Year Built 1922
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 1028 N Hayworth Ave
Area West Hollywood Vicinity
City WEST HOLLYWOOD
County Los Angeles
State CA
Zip Code 90046

Amenities

Garages None
Is Waterfront No
Has Pool No

Interior

Interior Mixed
Heating Wall, Fireplace
Cooling Window Unit(s), Wall Unit(s)
Fireplace No
# of Stories 4
Has Basement No

Additional Information

Date Listed May 6th, 2024
Days on Market 14
Zoning WDR3C*
Foreclosure No
RE / Bank Owned No
Gross Operating Income $143,076
Net Operating Income $94,533

Unit 1 Details

Beds 3
Baths 2.00
Rent $3,462

Unit 2 Details

Beds 3
Baths 2.00

Unit 3 Details

Beds 1
Baths 1.00
Rent $3,000

Unit 4 Details

Beds 1
Baths 1.00

Listing Details

AgentShamim Khorsand Mashhadi (02042990)
OfficeRE/MAX ESTATE PROPERTIES

Listing Map

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