Property Detail

Description

1658 S Hayworth Avenue is a brand-new, NON-RENT-CONTROLLED luxury fourplex located on a quiet, tree-lined street in Pico-Robertson—one of Los Angeles’ most central and desirable rental markets. This high performing asset offers a projected 5.25% cap rate with ultra-low operating expenses, as all units are separately metered for electric and water and the property is fully electric with no gas. The property is already 50% leased at strong rents, with full lease up expected soon, providing immediate income with upside as stabilization is achieved. 1656 S Hayworth features four oversized, renter-friendly units with an ideal mix: two expansive 4-bed/4-bath units, one 3-bed/3- bath, and one rare 5-bed/5-bath single-family-style residence. These units showcase premium modern finishes, open-concept layouts, in-unit laundry, and private 360-degree rooftop decks with sweeping city views that command top-of-market rents. Designed for long-term performance and strong tenant appeal, the property includes eight onsite parking spaces, central HVAC, and striking contemporary architecture. Ideally located just minutes from Beverly Hills, Beverly Grove, Culver City, and the Fairfax District, this turnkey opportunity is well-suited for investors or 1031 exchange buyers seeking a low-maintenance, non-rent controlled asset in a prime, supply-constrained submarket.