1601 S Hayworth, Los Angeles, California 90035, Los Angeles, 90035 - bed, bath
ACTIVE$2,125,000
1601 S Hayworth, Los Angeles, California 90035
0Bed
0Bath
5,634Sqft
6,621Lot
Year Built
1928
Close
-
List price
$2.13M
Original List price
$2.13M
Price/Sqft
$377
HOA
-
Days on market
-
Sold On
-
MLS number
SB25043285
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros.
Great opportunity for investors, owner-users or developers. This well maintained corner lot consists of 4 one bedroom, one bath units and a 3 bedroom, 1 bath over the garage. Each unit has its own water heater, laundry hookups and a private garages. This corner lot property has two addresses, 1601-1603 S. Hayworth Ave and 5910 Pickford St. The property will be delivered with the 3 bedroom vacant and in need of repairs/remodel. Zoned LAR2. DRIVE BY ONLY - PLEASE DO NOT DISTRUB OCCUPANTS. Provided information is deemed reliable but not guaranteed. Buyer to verify.
Nearby schools
4/10
Crescent Heights Boulevard Elementary School
Public,•K-5•0.3mi
4/10
Saturn Street Elementary School
Public,•K-5•0.8mi
5/10
Carthay Center Elementary
Public,•K-5•0.8mi
6/10
Marvin Elementary School
Public,•K-5•1.0mi
4/10
Shenandoah Street Elementary School
Public,•K-5•1.1mi
5/10
Cienega Elementary School
Public,•K-5•1.4mi
2/10
Wilshire Crest Elementary School
Public,•K-5•1.6mi
4/10
Alta Loma Elementary School
Public,•K-5•1.8mi
7/10
Castle Heights Elementary School
Public,•K-5•1.8mi
5/10
Virginia Road Elementary School
Public,•K-5•2.1mi
7/10
Queen Anne Place Elementary School
Public,•K-5•2.2mi
6/10
Linwood E. Howe Elementary School
Public,•K-5•2.3mi
3/10
Arlington Heights Elementary School
Public,•K-5•2.6mi
7/10
John Burroughs Middle School
Public,•6-8•2.1mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.4mi
5/10
Pio Pico Middle School
Public,•6-8•2.9mi
7/10
Palms Middle School
Public,•6-8•3.2mi
7/10
Culver City Middle School
Public,•6-8•3.4mi
3/10
Daniel Webster Middle School
Public,•6-8•4.0mi
4/10
Mark Twain Middle School and World Languages Magnet
Public,•6-8•5.6mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•1.5mi
4/10
Los Angeles Senior High School
Public,•9-12•2.1mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.1mi
7/10
Fairfax Senior High School
Public,•9-12•2.5mi
8/10
Culver City High School
Public,•9-12•3.4mi
Price History
Date
Event
Price
10/09/03
Sold
$635,000
10/17/97
Sold
$265,000
Condition Rating
Poor
Built in 1928, this property shows significant age and requires substantial rehabilitation. The images reveal extremely dated kitchens and bathrooms with old appliances, cabinets, countertops, and fixtures, suggesting renovations are well over 30-50 years old, if they occurred at all. The description explicitly states one 3-bedroom unit is 'vacant and in need of repairs/remodel,' indicating a need for more than minor updates. While the exterior appears 'well maintained,' the interior conditions depicted, combined with the property's age, point to a need for extensive modernization and system updates to meet current living standards.
Pros & Cons
Pros
Significant Income Potential: This multi-unit property consists of 5 units (4 one-bedroom, one-bath units and a 3-bedroom, one-bath unit over the garage), offering substantial rental income potential for investors.
Value-Add Opportunity: The vacant 3-bedroom unit is in need of repairs/remodel, presenting an immediate opportunity for the buyer to add value, increase rental income, and enhance the property's overall appeal.
Individual Unit Amenities: Each unit is equipped with its own water heater, laundry hookups, and a private garage, significantly enhancing tenant desirability and simplifying property management.
Corner Lot & Zoning: Positioned on a well-maintained corner lot with LAR2 zoning, this property offers potential for future development, expansion, or increased density.
Prime Los Angeles Location: Located in the desirable Beverlywood Vicinity of Los Angeles, the property benefits from a strong rental market and potential for long-term appreciation.
Cons
Immediate Renovation Required: The 3-bedroom unit will be delivered vacant and requires significant repairs/remodel, necessitating an immediate capital investment from the buyer.
Age of Property: Built in 1928, the property is older, which may lead to higher ongoing maintenance costs and potential needs for updates to plumbing, electrical, or other systems.
Restricted Access for Due Diligence: The 'DRIVE BY ONLY - PLEASE DO NOT DISTURB OCCUPANTS' instruction limits comprehensive inspection of the occupied units, potentially hindering a buyer's full assessment of the property's condition.