1656 S Hayworth Ave - 50% Leased Luxury Fourplex | Miracle Mile/BH 4 Unit Apartment Building Offered at $4,199,000 at a 5.25% Cap Rate Los Angeles, CA 90035

The 2–4 Unit Specialists are pleased to present 1656 S Hayworth Avenue, 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/5bath 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.