We are proud to exclusively present for sale a 9 unit residential income property just outside of West Hollywood. The adjacent 10 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 35% 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 just over 700 square feet to just under 1,000 square feet each! 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 Shopping District, the Beverly Center and more! The property currently shares some services with the neighboring building, such as garbage, garage gates and laundry room.
Property Details
Price:
$2,700,000
MLS #:
25501119
Status:
Active
Baths:
0
Address:
642 N Hayworth Avenue
Type:
Residential Income
Neighborhood:
c10westhollywoodvicinity
City:
Los Angeles
Listed Date:
Feb 20, 2025
State:
CA
ZIP:
90048
Lot Size:
7,501 sqft / 0.17 acres (approx)
Year Built:
1959
See this Listing
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Schools
Interior
Exterior
Parking Features
Assigned, Tandem Garage, Side by Side
Parking Spots
11.00
Stories Total
2
Financial
Map
Community
- Address642 N Hayworth Avenue Los Angeles CA
- AreaC10 – West Hollywood Vicinity
- CityLos Angeles
- CountyLos Angeles
- Zip Code90048
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642 N Hayworth Avenue
Los Angeles, CA
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