15
See all 15 photos
$2,950,000
Est. payment /mo
7,392 SqFt
Active
648 N Hayworth Avenue Los Angeles, CA 90048
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,392 sqft
Price per Sqft $399
MLS Listing ID CL25501215
HOA Y/N No
Year Built 1965
Lot Size 7,502 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
We are proud to exclusively present for sale a 10 unit residential income property just outside of West Hollywood. The adjacent 9 unit building is also available for sale. Central, central, central! Just off Melrose Ave., and around the corner from the Central Fairfax District and Fairfax High School (with it's weekend Melrose Trading Post), this property is right dab in the middle of a Walker's Paradise, surrounded by shops, fine and casual dining, sought-after nightlife, and pretty much anything trendy one can think of! Long-term owners have lovingly cared for the building over the years, and with new and longer-term tenants, rents are still averaging around 27% below market. The building's tuck-under parking has been mitigated, with the already-completed Soft Story Seismic Retrofit work. And there's always potential for ADUs! The offering features bright units that each cover the whole width of the building, and spacious layouts ranging from 652 square feet to 936 square feet eachwith a Single at 295 square feet! There are three sets of tandem parking spaces in the front and five gated parking spaces in the back, accessible from the alley. Lots of jobs in the area, but situated on a calm residential street with permit parking! Walking distance to The Grove, the 3rd Street Shop
Location
State CA
County Los Angeles
Zoning R3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5527017019
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Listed by Dario Svidler • Keller Williams Beverly Hills