Residential Income – 1445 S Hayworth Ave, Los Angeles, CA 90035, USA -001-11-30T00:00:00-08:00
The LA Apartment Advisors are proud to present these 6 units located at 1445 S Hayworth Avenue in Los Angeles, California. Built in 1956, the property sits on 7,123 sq.ft of land with 7,275 sq.ft of rentable area and consists of 2- one bed / one bath, 2- two
1445 S Hayworth Ave, Los Angeles, CA 90035, USA
$2,950,000 USD
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Address1445 South Hayworth Avenue, Los Angeles
Price$2,950,000
Price Changed4.83% (-$150,000, 40 days ago)
Year Built1958
Bedrooms Total0
Lot Size (Sq.Ft.)7,124
Listing ID20568454
StatusActive
Parcel Number5068017011
ZoningLAR3
Special ConditionsStandard
Days on Market60

Detailed Description: The LA Apartment Advisors are proud to present these 6 units located at 1445 S Hayworth Avenue in Los Angeles, California. Built in 1956, the property sits on 7,123 sq.ft of land with 7,275 sq.ft of rentable area and consists of 2- one bed / one bath, 2- two bed / two bath and 2- three bed / two bath units. The average square feet per unit is over 1,200 sq. Ft., making these very large units. Currently, the Seller operates the building completely through Airbnb, meaning there are no leases in place, allowing for the property to be delivered completely vacant for the buyer. Furthermore, the Seller is willing to do a seller-carry finance structure so that the buyer does not need to pay all cash or get an expensive bridge loan or hard money loan while they do their renovations. Throughout the 13 year ownership of the Seller, the property has been very well maintained with upgrades done to each and every unit.

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Address Information
Address1445 South Hayworth Avenue, Los Angeles
Street PrefixSouth
Street SuffixAvenue
CityLos Angeles
Location (MLS Area)C09 – Beverlywood Vicinity
County Or ParishLos Angeles
State or ProvinceCA
Postal Code90035
Financial Information
Price Changed-4.8387%
Previous Price$3,100,000
Price per Lot Square Foot$414.09
Special ConditionsStandard
Total Expenses$59,761
Gross Operating Income$218,400
Gross Income$211,848
Net Operating Income$152,087
Gross Multiplier13.51%
Tax Year2000
Full Descriptions
Parcel Number5068017011
Detailed DescriptionThe LA Apartment Advisors are proud to present these 6 units located at 1445 S Hayworth Avenue in Los Angeles, California. Built in 1956, the property sits on 7,123 sq.ft of land with 7,275 sq.ft of rentable area and consists of 2- one bed / one bath, 2- two bed / two bath and 2- three bed / two bath units. The average square feet per unit is over 1,200 sq. Ft., making these very large units. Currently, the Seller operates the building completely through Airbnb, meaning there are no leases in place, allowing for the property to be delivered completely vacant for the buyer. Furthermore, the Seller is willing to do a seller-carry finance structure so that the buyer does not need to pay all cash or get an expensive bridge loan or hard money loan while they do their renovations. Throughout the 13 year ownership of the Seller, the property has been very well maintained with upgrades done to each and every unit.
Property parameters
Year Built1958
Lot Size (Sq.Ft.)7,124
Lot Size DimensionsA0.16
Number of Buildings1
Number of Units Total6
ZoningLAR3
Stories Total2
Units Total6
Listed withFilip Niculete (Marcus & Millichap)
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