1601 S Hayworth Ave, Los Angeles, CA 90035
1601 S Hayworth Ave, Los Angeles, CA 90035
1601 S Hayworth Ave, Los Angeles, CA 90035
15
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$1,695,000
Est. payment /mo
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7 Beds
5 Baths
5,634 SqFt
Price Dropped by $190K

1601 S Hayworth Ave Los Angeles, CA 90035

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,634 sqft

Price per Sqft $300

MLS Listing ID 25619257

Style Spanish

Bedrooms 7

Year Built 1928

Lot Size 6,621 Sqft

Acres 0.152

Property Sub-Type Multi-Family

Property Description

We are pleased to present a compelling value-add and owner-user opportunity at 1601 S Hayworth Ave, located in the highly sought-after Picfair Village neighborhood of Los Angeles. This five-unit multifamily property, situated on a 6,621 SF R2-1-O zoned lot, offers investors and owner-users alike a rare chance to acquire a centrally located asset with both immediate and long-term upside in one of the city's most stable rental corridors. The property consists of four one-bedroom units located in the front two-story building, and a detached rear structure featuring a large three-bedroom unit on the second floor situated above five one-car garages on the ground level. The three-bedroom unit will be delivered vacant at closing and represents a major fixer-upper, creating an ideal opportunity for an owner-occupant to renovate and occupy the space or for an investor to substantially increase rental income through repositioning. The garage configuration provides valuable on-site parking and additional ADU conversion potential, subject to city approval. Combined with below-market rents across the four existing one-bedroom units, this property offers multiple avenues for increasing income and value through renovation, rent adjustments, and ADU expansion. This is a strategic value-add play and a rare hybrid opportunity perfect for an owner-user seeking to live on-site while benefiting from steady income, or for an investor aiming to unlock significant upside in a high-demand Los Angeles neighborhood. The property offers the ideal combination of cash flow, appreciation potential, and prime location within a quiet, walkable community surrounded by beautifully maintained single-family homes and boutique multifamily buildings. Located just south of Pico Boulevard and east of La Cienega Boulevard, 1601 S Hayworth Ave offers quick access to major employment hubs such as Beverly Hills, Century City, Culver City, and Mid-Wilshire, and is minutes from The Grove, Beverly Center, and Cedars-Sinai Medical Center. The balance of neighborhood charm, investment stability, and proximity to Westside amenities makes this property a standout opportunity for both private investors and owner-users looking to establish roots in one of Los Angeles's most desirable central locations.

Location

State CA

County Los Angeles

Area Beverlywood Vicinity

Zoning R2-1-O

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Range/Oven

Exterior

Parking Features Driveway, Garage Is Detached

Garage Spaces 5.0

Pool None

Building

Lot Description Curbs, Front Yard, Lawn, Yard, Street Paved, Sidewalks

Story 2

Architectural Style Spanish

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Maher Commercial Realty

NEARBY SCHOOL & BUSINESS

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Jasmin Conner

Jasmin Conner

Agent | License ID: 02189536

+1(310) 628-4801

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1601 S Hayworth Ave