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1656 S Hayworth Ave - 1656 S Hayworth Ave 4 Unit Apartment Building Offered at $4,595,000 at a 5.71% Cap Rate Los Angeles, CA 90035



INVESTMENT HIGHLIGHTS
- NO RENT CONTROL!
- Stunning 360-degree rooftop decks with awe-inspiring views.
- All units separately metered for electric and water — low operating expenses!
- MASSIVE units with premium floorplans.
- Premium modern finishes and open layouts designed for today’s urban renter.
- Located in a highly central neighborhood bordered by some of LA’s most iconic areas including Fairfax, Beverly Grove, Pico-Robertson, Beverly Hills.
EXECUTIVE SUMMARY
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 near Pico-Robertson, one of Los Angeles’ most central and desirable rental markets. This highperforming asset offers a projected 5.71% 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.
1656 S Hayworth features four massive, renter-friendly units with a highly desirable mix: two oversized 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 positioned near Fairfax, Beverly Grove, Beverly Hills, Culver City, and West Adams, this turnkey opportunity is well-suited for investors or 1031
exchange buyers seeking a low-maintenance, non-rentcontrolled asset in a supply-constrained submarket. 1656 S Hayworth checks every box investors are chasing today: new construction, no rent control, strong rents, and a prime central location!
1656 S Hayworth features four massive, renter-friendly units with a highly desirable mix: two oversized 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 positioned near Fairfax, Beverly Grove, Beverly Hills, Culver City, and West Adams, this turnkey opportunity is well-suited for investors or 1031
exchange buyers seeking a low-maintenance, non-rentcontrolled asset in a supply-constrained submarket. 1656 S Hayworth checks every box investors are chasing today: new construction, no rent control, strong rents, and a prime central location!
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,595,000 | Property Type | Multifamily |
| Price Per Unit | $1,148,750 | Building Size | 6,727 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 5.71% | Year Built | 2026 |
| Gross Rent Multiplier | 13.53 | Parking Ratio | 1.19/1,000 SF |
| No. Units | 4 | ||
| Zoning | LAR2 | ||
| Price | $4,595,000 |
| Price Per Unit | $1,148,750 |
| Sale Type | Investment |
| Cap Rate | 5.71% |
| Gross Rent Multiplier | 13.53 |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 6,727 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | LAR2 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Freezer
- Large Bedrooms
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4 | 1 | $7,500 | 1,778 |
| 4+4 | 1 | $7,500 | 1,770 |
| 3+3 | 1 | $5,295 | 1,151 |
| 5+5 | 1 | $8,000 | 2,028 |
1 1
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (71)
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1656 S Hayworth Ave - 1656 S Hayworth Ave
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