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822 Hayworth Ave 8 Unit Apartment Building $2,775,000 ($346,875/Unit) 5.41% Cap Rate Los Angeles, CA 90046
Investment Highlights
- 2,100 SF of buildable land to potentially develop 5 ADUs and increase gross income
- Exceptional location, one block west of Fairfax, one block north of Melrose, adjacent to major bus line and proposed Metro Station
- Close to the Original Farmers Market, the Grove, Erewhon Market, Whole Foods + Fairfax High School
- Remodeled Art Deco apartment building with zen garden + courtyard fountain, and additional land for up to 5 ADUs
- Onsite parking: 5 gated spaces, 2 accessible through the rear alley, 7 in total
Executive Summary
A meticulously renovated 8-unit Art Deco apartment building, 822 Hayworth Avenue seamlessly blends historic charm with modern comfort. Interiors include stainless steel appliances, new hardwood flooring, and abundant natural light. Residents enjoy a tranquil front courtyard with water fountain and alley-accessed parking. Highly desirable neighborhood offering nearby shops, dining, and entertainment. Potential ADU development opportunity further complements this rare investment opportunity with strong upside in one of Los Angeles’ most desirable locals.
8 one bed / one bath units with upgraded unit interiors with stainless steel appliances + hardwood floors.
2,100 SF of buildable land – Rare opportunity in a high-demand area with ample space for multi-unit development » Potential to develop 5 ADUs – Maximize investment returns with accessory dwelling units ideal for rental income or multigenerational living.
Architectural plans available (to build 4 units + parking) – Shovel-ready development with professionally designed plans included, saving time and costs on entitlements and design work
Parking: 7 spaces, 5 gated, 2 unsecured
Financial prospectus available upon request
8 one bed / one bath units with upgraded unit interiors with stainless steel appliances + hardwood floors.
2,100 SF of buildable land – Rare opportunity in a high-demand area with ample space for multi-unit development » Potential to develop 5 ADUs – Maximize investment returns with accessory dwelling units ideal for rental income or multigenerational living.
Architectural plans available (to build 4 units + parking) – Shovel-ready development with professionally designed plans included, saving time and costs on entitlements and design work
Parking: 7 spaces, 5 gated, 2 unsecured
Financial prospectus available upon request
Property Facts
| Price | $2,775,000 | Apartment Style | Low-Rise |
| Price Per Unit | $346,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5.41% | Building Size | 4,840 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1924/2025 |
| Zoning | R3, Los Angeles | ||
| Price | $2,775,000 |
| Price Per Unit | $346,875 |
| Sale Type | Investment |
| Cap Rate | 5.41% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,840 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1924/2025 |
| Zoning | R3, Los Angeles |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 550 |
1 1
Walk Score®
Walker's Paradise (94)
Property Taxes
| Parcel Number | 5529-021-042 | Improvements Assessment | $612,000 |
| Land Assessment | $1,428,000 | Total Assessment | $2,040,000 |
Property Taxes
Parcel Number
5529-021-042
Land Assessment
$1,428,000
Improvements Assessment
$612,000
Total Assessment
$2,040,000
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