733 N Hayworth Avenue

    Los Angeles (City), CA 90046
    • $2,200,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 19501108
    $2,200,000
    • 11
      BEDS
    • 0.15
      ACRES
    • 11
      BATHS
    • 0
      1/2 BATHS
    • 6,164
      SQFT
    • $357
      $/SQFT
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Portfolio sale: property is sold together with 7972 Norton Ave in West Hollywood CA 90046. This 6-Unit apartment building, located at 733 N Hayworth Ave in Los Angeles, CA, one of the highest demand rental markets in the country. The property was built in 1965 and features on-site laundry and carport parking with storage lockers. The building consists of 1 three-bedroom/two-bathroom unit with a private backyard, 4 two-bedroom/two-bathroom units and one bachelor unit. 733 N Hayworth property presents an opportunity for an investor to acquire this asset located in a booming area, along busy commercial corridor with accelerated appreciation. Seismic retrofit has been completed, so new owner can increase rents. There is approximately 52% upside in rents.

    Monthly Payment Calculator



    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/98333851

    733 N Hayworth Avenue Los Angeles (City), CA 90046

    • Price: $2,200,000
    • Status: Active
    • ID#: 19501108
    11
    Beds
    11
    Baths
    0
    ½ Baths
    0.15
    Acres
    6,164
    SQFT
    $357
    $/SQFT
    1965
    Built
    Neighborhood:
    West Hollywood Vicinity (C10)
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity (C10)
    Property Description
    Portfolio sale: property is sold together with 7972 Norton Ave in West Hollywood CA 90046. This 6-Unit apartment building, located at 733 N Hayworth Ave in Los Angeles, CA, one of the highest demand rental markets in the country. The property was built in 1965 and features on-site laundry and carport parking with storage lockers. The building consists of 1 three-bedroom/two-bathroom unit with a private backyard, 4 two-bedroom/two-bathroom units and one bachelor unit. 733 N Hayworth property presents an opportunity for an investor to acquire this asset located in a booming area, along busy commercial corridor with accelerated appreciation. Seismic retrofit has been completed, so new owner can increase rents. There is approximately 52% upside in rents.
    Exterior Features

    Parking Spaces Total 6 Parking Type Carport Attached

    Interior Features

    Appliances DryerRefrigeratorWasher Cooking Appliances Range Cooling Type Wall Or Window Units Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished 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 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 2.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 2.0 Unit Number Of Bed01 2 Unit Number Of Bed02 3 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 0 Unit Number Of Bed06 2

    Property Features

    Adjusted Gross Income 121238.00 Assessed Improvement Value 299055.00 Assessed Land Value 720623.00 Cap Rate 2.70 Country United States Of America Expense Electric 7280.00 Expense Gardener 815.00 Expense Gas 0.00 Expense Insurance 3216.00 Expense Licenses 1312.00 Expense Maintenance 7850.00 Expense Management 5419.00 Expense Tax 26500.00 Expense Total Annual 58059.00 Expense Trash 4912.00 Expense Water 0.00 Gross Operating Income 117601.00 Gross Rent Multiplier 18.24 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 59543.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1350.00 Unit Monthly Rent02 1574.00 Unit Monthly Rent03 1222.00 Unit Monthly Rent04 2595.00 Unit Monthly Rent05 612.00 Unit Monthly Rent06 2695.00 Unit Projected Total Monthly Rent01 2750.00 Unit Projected Total Monthly Rent02 3300.00 Unit Projected Total Monthly Rent03 2750.00 Unit Projected Total Monthly Rent04 2750.00 Unit Projected Total Monthly Rent05 1200.00 Unit Projected Total Monthly Rent06 2750.00 Unit Total Monthly Rent01 1350.00 Unit Total Monthly Rent02 1574.00 Unit Total Monthly Rent03 1222.00 Unit Total Monthly Rent04 2595.00 Unit Total Monthly Rent05 612.00 Unit Total Monthly Rent06 2695.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 6 Zoning Lard1.5

    Listing provided courtesy of Ekaterina Nagornaya DRE#01829504 of Central Realty Advisors Inc.


    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