Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90048 642 N Hayworth Avenue

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Presented By: Dario Svidler with Keller Williams Beverly Hills;
  • MLS# 25501119
  • 02/20/2025
  • Request Tour
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  • Beds • 13
  • Baths • 13
  • SQFT • 7,374
  • Garage • 1
  • Year Built • 1959

Home Details

We are proud to exclusively present for sale a 9 unit residential income property just outside of West Hollywood. The adjacent 10 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 35% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from just over 700 square feet to just under 1,000 square feet each! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shopping District, the Beverly Center and more! The property currently shares some services with the neighboring building, such as garbage, garage gates and laundry room.
Presented By: Dario Svidler with Keller Williams Beverly Hills;

Interior Features for 642 N Hayworth Avenue

Bedrooms

Total Bedrooms13

Bathrooms

Half Baths0
Total Baths13
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 642 N Hayworth Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.31
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsNear Fairfax and Melrose. Just south of West Hollywood.
DisclosuresRentControl
Electric On Property Y/NNo
Full Baths
Garage Y/NYes
Gross Income202657.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7501.0
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income120492.0
New ConstructionNo
Number Of Units Total9
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Year Built1959
ZoningR3

Exterior for 642 N Hayworth Avenue

Building Area Total7374.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1722
Lot Size Area7501.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Garage, SideBySide, Tandem
Private PoolNo
SpaNo
Total Parking11.0
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $2,700,000
MLS#25501119
List Date 02/20/2025
Property Type Multi-Family
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