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Buy a propertyat 439 N Hayworth Avenue, Los Angeles, CA 90048

$2,075,000

$2,149,000 (-3.44%)

$0/mo

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Multifamily

4,709 Sq. Ft.

6,613 Sq. Ft. lot

8 Bedrooms

0 Bathrooms

425 Days on market

23251679 MLS ID

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About 439 N Hayworth Avenue property

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, the property is near various popular retailers, trendy restaurants, and lively nightlife options. This charming fourplex features (4) 2-bdrm units that average approx. 1,175 SF. Please note, one unit is currently VACANT and a Section-8 tenant rents one unit. Please refer to the rent roll for more information. These units present a substantial value add opportunity, as rents are approx. 42% below market compared to renovated units in the area. Property amenities include (2) 2-car garages that generate additional income and a community laundry room.
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, the property is near various popular retailers, trendy restaurants, and lively nightlife options. This charming fourplex features (4) 2-bdrm units that average approx. 1,175 SF. Please note, one unit is currently VACANT and a Section-8 tenant rents one unit. Please refer to the rent roll for more information. These units present a substantial value add opportunity, as rents are approx. 42% below market compared to renovated units in the area. Property amenities include (2) 2-car garages that generate additional income and a community laundry room.

Property details

Appliances & Equipment

Refrigerator

Bathrooms

4 total bathrooms

Bedrooms

8 total bedrooms

Building

2 total stories

Built in 1949

4,709 sqft living area

4709 total building sqft

Community

Gated

Cooling

Wall/Window Unit(s)

Floors

Carpet

Heating

Central

Income

Gross Income: 102288

Net Operating Income: 62350

Laundry

Common Area

Laundry Room

Listing

Listing ID: 23251679

132 days on market

Listed on 2023-03-16

Location

County: Los Angeles

Lot

6613 sqft

0.1518 acres

Area: 6613

Parking

4 total parking spaces

Side By Side

Uncovered

Property

Single building

4 units

Security Features

Gated Community

Tenant Pays

Electricity

Monthly cost

Estimated monthly cost

$13,223/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,950,500

+$62,250

$2,012,750

Seller agent commission$62,250 (3%)*

$0 (0%)

Buyer agent commission$62,250 (3%)*

$62,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 16, 2024 at 12:10 a.m.

Data updated: Jul 26, 2023 at 8:05 p.m.

Property listed by Compass, Max Berger
Based on information from California Regional Multiple Listing Service, Inc. as of 07/26/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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