1601 S Hayworth Avenue, Los Angeles, CA 90035
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1601 S Hayworth Avenue,Los Angeles, CA 90035
$1,885,000
- 7 Beds
- 5 Baths
- 5,634 sq. ft.
- Multi-family
- Active
Listed by: oron maher
Office: maher commercial realty
MLS#:25619257
Source:CRMLS
Price summary
- Price:$1,885,000
- Price per sq. ft.:$334.58
About this home
We are pleased to present a compelling value-add and owner-user opportunity at 1601 S Hayworth Ave, located in the highly sought-after Picfair Village neighborhood of Los Angeles. This five-unit multifamily property, situated on a 6,621 SF R2-1-O zoned lot, offers investors and owner-users alike a rare chance to acquire a centrally located asset with both immediate and long-term upside in one of the city's most stable rental corridors. The property consists of four one-bedroom units located in the front two-story building, and a detached rear structure featuring a large three-bedroom unit on the second floor situated above five one-car garages on the ground level. The three-bedroom unit will be delivered vacant at closing and represents a major fixer-upper, creating an ideal opportunity for an owner-occupant to renovate and occupy the space or for an investor to substantially increase rental income through repositioning. The garage configuration provides valuable on-site parking and additional ADU conversion potential, subject to city approval. Combined with below-market rents across the four existing one-bedroom units, this property offers multiple avenues for increasing income and value through renovation, rent adjustments, and ADU expansion. This is a strategic value-add play and a rare hybrid opportunity perfect for an owner-user seeking to live on-site while benefiting from steady income, or for an investor aiming to unlock significant upside in a high-demand Los Angeles neighborhood. The property offers the ideal combination of cash flow, appreciation potential, and prime location within a quiet, walkable community surrounded by beautifully maintained single-family homes and boutique multifamily buildings. Located just south of Pico Boulevard and east of La Cienega Boulevard, 1601 S Hayworth Ave offers quick access to major employment hubs such as Beverly Hills, Century City, Culver City, and Mid-Wilshire, and is minutes from The Grove, Beverly Center, and Cedars-Sinai Medical Center. The balance of neighborhood charm, investment stability, and proximity to Westside amenities makes this property a standout opportunity for both private investors and owner-users looking to establish roots in one of Los Angeles's most desirable central locations.
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Home facts
- Year built:1928
- Listing ID #:25619257
- Added:3 day(s) ago
- Updated:November 21, 2025 at 03:31 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Living area:5,634 sq. ft.
Structure and exterior
- Year built:1928
- Building area:5,634 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,885,000
- Price per sq. ft.:$334.58
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