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525 N Hayworth Ave

Los Angeles, CA 90048
  • $3,150,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 22-129531
UPDATED: 31 min ago
$3,150,000
  • 10
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,166
    SQFT
  • $511
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Description

Fabulous well-maintained 60s contemporary building in an excellent, very desirable location, close to the Beverly Center / Grove area and located within the City of Los Angeles. Walking distance to Melrose shopping and the Grove restaurants and shopping. Five one-bedroom / one bath units, one two-bedroom / 2 bath unit and one three-bedroom / 2 bath unit. Secure gated subterranean parking for 10 cars with front and rear access. Communal laundry room, new 100% copper plumbing throughout, recently installed roof within the last 2 years, large rear open patio for the 3 - bedroom unit, 4 units are recently upgraded. Apartment building has huge upside potential on the rents for this very desirable location.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T07:42:43.797. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/125989872
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525 N Hayworth Ave Los Angeles, CA 90048

  • Price: $3,150,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 31 min ago
  • MLS #: 22-129531
10
Beds
0
Baths
0
½ Baths
0.15
Acres
6,166
SQFT
$511
$/SQFT
1966
Built
Neighborhood:
West Hollywood Vicinity
County:
Los Angeles
Area:
West Hollywood Vicinity
Property Description
Fabulous well-maintained 60s contemporary building in an excellent, very desirable location, close to the Beverly Center / Grove area and located within the City of Los Angeles. Walking distance to Melrose shopping and the Grove restaurants and shopping. Five one-bedroom / one bath units, one two-bedroom / 2 bath unit and one three-bedroom / 2 bath unit. Secure gated subterranean parking for 10 cars with front and rear access. Communal laundry room, new 100% copper plumbing throughout, recently installed roof within the last 2 years, large rear open patio for the 3 - bedroom unit, 4 units are recently upgraded. Apartment building has huge upside potential on the rents for this very desirable location.
Exterior Features

Covered Parking 10 Cross Streets Melrose Avenue And Fairfax Avenue Direction Faces East Entry Location Ground Level W/Steps Exterior Construction Stucco Lot Size Area 6611 Other Structures None Parking Garage Subterranean Patio Features Concrete SlabBalconyLiving Room Balcony Roof Flat Sprinklers Front Style Contemporary Total Parking 10

Interior Features

Bathroom Features Shower And Tub Baths Total 9.00 Bedroom Features Walkincloset Cooking Appliances Double OvenCooktop - ElectricOven-Electric Cooling Wall Unit(S) Den No Dining Room No Equipment Garbage DisposalBuilt-InsDishwasherHood FanRefrigeratorRange/Oven Family Room No Flooring LaminateCarpetTile Heating Electric Kitchen Features Quartz CountersTile Counters Laundry Room Rooms Dining AreaLiving Room Water Heater Features Central Water Heater

Property Features

Assessed Total Value 2709990 Gross Income 174962 Gross Operating Income 174962 Like Units1 5 Like Units2 1 Like Units3 1 Net Operating Income 124538.52 Number Of Buildings 1 Number Of Units 7 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features GatedAutomatic Gate Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Electricity Total Annual Expense 50424. Type Of Units 12 & 3 BR Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of John Kerrigan DRE#00919430 of John Kerrigan.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T07:42:43.797. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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