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$2,675,000
Est. payment /mo
8 Beds
8 Baths
4,840 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,840 sqft
Price per Sqft $552
MLS Listing ID 26653177
Bedrooms 8
HOA Y/N No
Year Built 1924
Lot Size 7,501 Sqft
Property Description
A meticulously renovated 8-unit Art Deco apartment building, 822 Hayworth Avenue seamlessly blends historic charm with modern comfort. Interiors include stainless steel appliances, new hardwood flooring, and abundant natural light. Residents enjoy a tranquil front courtyard with water fountain and alley-accessed parking. Highly desirable neighborhood offering nearby shops, dining, and entertainment. Potential ADU development opportunity further complements this rare investment opportunity with strong upside in one of Los Angeles' most desirable locals. 8 one bed / one bath units with upgraded unit interiors with stainless steel appliances + hardwood floors. Rare opportunity in a high-demand area with ample space for multi-unit development Potential to develop 5 ADUs. Maximize investment returns with accessory dwelling units ideal for rental income or multigenerational living. Architectural plans available (to build 4 units + parking). Shovel-ready development with professionally designed plans included, saving time and costs on entitlements and design work. Highlights: *Remodeled Art Deco apartment building with zen garden + courtyard fountain, and additional land for up to 5 ADUs. *2,100 SF of buildable land to potentially develop 5 ADUs and increase gross income. *Exceptional location, one block west of Fairfax, one block north of Melrose, adjacent to major bus line and proposed Metro Station. *Onsite parking: 5 gated spaces, 2 accessible through the rear alley, 7 in total. *Close to the Original Farmers Market, the Grove, Erewhon Market, Whole Foods + Fairfax High School. *Cap Rate: 5.41% / NOI: $150,096 / Please request Financials for further Information*
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning LAR3
Rooms
Other Rooms Shed(s)
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Dishwasher, Microwave
Laundry Common Area
Exterior
Parking Features Assigned
Total Parking Spaces 7
Building
Lot Description Front Yard
Story 2
Entry Level Two
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5529021042
Special Listing Condition Standard
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Listed by Ricky Mitchell The Passman Group, Inc. #02071069
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