439 North Hayworth Avenue
439 North Hayworth Avenue
$1,881,000
8
4
4,709
4,709
$399
Sold 1/26/24
Description
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...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.
Listing Agent
Property Details for 439 North Hayworth Avenue
Zoning
LAR3
StyleFrench Normandy
Cross StreetsOakwood Avenue and N. Hayworth Avenue
Parcel Number5527032019
Total Units4.0
Living Area4709
Source Living AreaVendor Enhanced
AreaBeverly Center-Miracle Mile (C19)
Location
LISTING UPDATED: 01/26/2024 09:59 AM
Property Details for 439 North Hayworth Avenue
Status | Sold |
---|---|
MLS # | 23-310371 |
Days on Market | 62 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1949 |
Lot Size | 0.15 AC / 6,613 SF |
County | Los Angeles County |
Location
Virtual Tour
Building Information for 439 North Hayworth Avenue
Stories2Residences-Year Built1949Building Size-Lot Size0.15 AC / 6,613 SF
Payment Calculator
$10,772 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 439 North Hayworth Avenue
Property History for 439 North Hayworth Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 439 North Hayworth Avenue
Taxable ValueLand$271,223Additions$180,811Total$452,034
Tax Record2023$6,084 ($507 / month)
Home Facts
Total Finished SqFt4,709 SqFtAbove Grade Finished SqFt4,709 SqFtLot Size6,613 SqFtStyleQuadraplexYear Built1949ZoningLAR3CountyLOS ANGELESAPN5527-032-019
Schools near 439 North Hayworth Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Laurel Elementary School PublicK to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
Whitman Continuation School Public9 to 12 | ||
West Hollywood Opportunity School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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