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Map
$1,800,000 - $2,198,000
●
Property -
Off Market
439 N Hayworth Ave
Los Angeles, CA 90048
Studio
0 Bath
4709 Sqft
About This Property
439 N. Hayworth is a value-add fourplex in the heart of the Fairfax
District, an "A+" rental market under constant demand by
high-income young professionals. Located blocks from The Grove and
several other thriving neighborhood hubs (Melrose Ave, Fairfax Ave,
West 3rd St), this charming French-Normandy style fourplex is near
various trendsetting retailers, heavily-visited restaurants, and
lively nightlife options. 439 N. Hayworth features (4) spacious
2-bdrm units that average approx. 1,175 SF. Please note that one
unit is currently VACANT, and a section-8 tenant rents another.
This Fairfax District investment opportunity presents a substantial
value add opportunity, as rents are approx. 42% below market
compared to renovated units in the area. Additionally, the property
is offered at $425 per foot and $499,750 per unit, and at the list
price, 439 N. Hayworth stabilizes at a 5.26% CAP and 13.74 GRM.
Property amenities include (2) 2-car garages that generate
additional income and a community laundry room.
The manager has listed the unit size as 4709 square feet.
The manager has listed the unit size as 4709 square feet.
Unit Size
4,709Ft²
Days on Market
-
Land Size
-
Price per sqft
$425
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1949
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2024 | Sold | $1,881,000 | |
| Sold | |||
| Jan 28, 2024 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Relisted | $1,999,000 | |
| Relisted | |||
| Nov 14, 2023 | In contract | - | |
| In contract | |||
| Sep 12, 2023 | Listed | $1,999,000 | |
| Listed | |||
Property Highlights
Air Conditioning
439 N Hayworth Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
House
4
Beds
2.5
Baths
2,411 ft²
$993/ft²
$2,395,000
Oct 25, 2023
-
-
Active
House
4
Beds
3
Baths
1,900 ft²
$1,053/ft²
$1,999,999
Nov 16, 2023
-
-
Active
Multifamily
4
Beds
2
Baths
1,872 ft²
$1,066/ft²
$1,995,000
May 24, 2023
-
-
Active
Townhouse
3
Beds
3
Baths
1,900 ft²
$1,105/ft²
$2,100,000
May 10, 2023
-
$480/mo
Active
Townhouse
3
Beds
3
Baths
1,900 ft²
$987/ft²
$1,875,000
Sep 15, 2023
-
$480/mo
Active
House
2
Beds
2
Baths
1,272 ft²
$1,568/ft²
$1,995,000
Oct 16, 2023
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/16/2023
|
|
8 Bed
|
-
|
-
|
$2,349,000
8 Bed
-
|
-
-
|
-
|
Max Berger
Compass
|
Building Info
439 North Hayworth Avenue
439 North Hayworth Avenue, Los Angeles, CA 90048
- 1 Unit for Sale
About Central LA
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