1274 N Hayworth Avenue

    West Hollywood, CA 90046
    • $3,800,000
    • STATUS: Active Under Contract
    • ON SITE: 68 days
    • ID#: 19488042
    Under Contract
    $3,800,000
    • 16
      BEDS
    • 0.33
      ACRES
    • 12
      BATHS
    • 0
      1/2 BATHS
    • 10,150
      SQFT
    • $374
      $/SQFT
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale an architecturally unique eight-unit apartment community located at 1274 North Hayworth Avenue in Prime West Hollywood. Built in 1936, the subject property has all the charm and character of the era and features massive two-bedroom townhome style units averaging more than 1,200 square feet each with washer/dryer hookups. Moreover, the grounds are exceptionally maintained and feature a lush courtyard with a seating area and community barbecue. The property is individually metered for electric and gas and has eight parking spaces. The subject property also presents an opportunity for development-minded investors. The 14,492 square foot parcel is zoned WDR4 and offers the opportunity to build a myriad of development possibilities and capitalize on the area's need for additional housing units.

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    Based on information from CARETS as of 2019-09-18T23:49:09.137. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/96848869

    1274 N Hayworth Avenue West Hollywood, CA 90046

    • Price: $3,800,000
    • Status: Active Under Contract
    • ID#: 19488042
    16
    Beds
    12
    Baths
    0
    ½ Baths
    0.33
    Acres
    10,150
    SQFT
    $374
    $/SQFT
    1936
    Built
    Neighborhood:
    West Hollywood Vicinity (C10)
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity (C10)
    Property Description
    We are pleased to offer for sale an architecturally unique eight-unit apartment community located at 1274 North Hayworth Avenue in Prime West Hollywood. Built in 1936, the subject property has all the charm and character of the era and features massive two-bedroom townhome style units averaging more than 1,200 square feet each with washer/dryer hookups. Moreover, the grounds are exceptionally maintained and feature a lush courtyard with a seating area and community barbecue. The property is individually metered for electric and gas and has eight parking spaces. The subject property also presents an opportunity for development-minded investors. The 14,492 square foot parcel is zoned WDR4 and offers the opportunity to build a myriad of development possibilities and capitalize on the area's need for additional housing units.
    Exterior Features

    Parking Features Covered Parking Parking Spaces Total 8

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.5 Unit Number Of Bed01 2

    Property Features

    Adjusted Gross Income 172116.00 Assessed Improvement Value 112999.00 Assessed Land Value 169617.00 Cap Rate 2.36 Country United States Of America Expense Total Annual 77274.00 Gross Operating Income 172116.00 Gross Rent Multiplier 22.08 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 89678.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1752.00 Unit Projected Total Monthly Rent01 31960.00 Unit Total Monthly Rent01 14016.00 Unit Type01 8 Units Total In Complex 8 Zoning Wdr4*

    Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


    Based on information from CARETS as of 2019-09-18T23:49:09.137. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake CA, 91361