4-Unit Spanish-Style
For Sale
$1,985,000
1028 N Hayworth Ave, West Hollywood, CA 90046
Residential Income, Spanish Colonial, West Hollywood, CA
Property Size3,950 SF
Lot Size0.16 Acres
Price / SF$502.53
Days on Market228
Property Features for 1028 N Hayworth Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
WDR3C*
Bedrooms
8
Bathrooms
6
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 7, Bathroom 3, Bathroom 4, Bedroom 8, Bedroom 3, Bedroom 2, Bathroom 6, Bedroom 5, Bathroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1
Directions
405 N to Santa Monica Blvd. exit East to Hayworth Ave. make Right, property is on the left.
Subdivision
West Hollywood Vicinity
Standard status
Active
APN
5529-009-036
Size
3,950 SF
Lot size
0.16 Acres
Utilities
Cooling system
Wall/Window Unit(s)
Building Details
Year built
1922
Floors in Building
2
Number of units
4
Roof type
Flat, Rolled Hot Mop
Architectural style
Colonial
Listing Agency:
Estate Properties
(310) 577-5300
Listed By:
Shamim Khorsand Mashhadi · License #02042990
(310) 658-6426
Added: Feb 23
Changed: Oct 8
Last Checked: Oct 9 at 10:06PM
MLS# 26648861
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1922, this four-unit property contains 3,950 square feet on a 7,102-square-foot lot. The configuration pairs two one-bedroom, one-bath units with two three-bedroom, two-bath units. One residence was renovated in 2024 and another in 2025; updates include kitchen work, flooring, appliances, and laundry improvements. Liquid Rubber roof treatments were completed across all units in 2024. Other features include mini-split HVAC in one unit, wall-unit heating and air conditioning on both floors of another, and separately metered utilities. Two units are to be delivered vacant; the remaining residences have month-to-month leases.
The property is at 1028 N Hayworth Avenue in West Hollywood, just south of Santa Monica Boulevard. There is no on-site parking. An informal, month-to-month arrangement for two tandem spaces across the street may be terminated with 30 days’ notice and is not guaranteed to continue after a sale.
The property is at 1028 N Hayworth Avenue in West Hollywood, just south of Santa Monica Boulevard. There is no on-site parking. An informal, month-to-month arrangement for two tandem spaces across the street may be terminated with 30 days’ notice and is not guaranteed to continue after a sale.
Key Highlights
- Four residential units: two 1‑bedroom/1‑bath and two 3‑bedroom/2‑bath layouts
- 3,950 square feet on a 7,102‑square‑foot lot
- Built in 1922; Liquid Rubber roof treatments applied to all units in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,981
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,379,620
$1.4M
Cap Rate 7%
$985,443
$985.4K
Cap Rate 9%
$766,456
$766.5K
Market Conditions
NOI Build-Up for 3,950 SF
Gross rent
$106.7K $27.00/SF
− Vacancy
−$8.1K −$2.05/SF
EGI
$98.5K $24.95/SF
− OpEx
−$29.6K −$7.48/SF
NOI
$69.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,379,620
Cap Rate 7%
$985,443
Cap Rate 9%
$766,456
Alternative Uses
Best Use
Multifamily LT 5
$985.4K
$862.3K – $1.15M
NOI $68,981 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$908.0K
$794.5K – $1.06M
NOI $63,559 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M
NOI $148,037 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
4,535
Businesses Nearby
Explore this area
Business Placement
Demographics for 90046, CA
49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Unit mix includes two one-bedroom residences and two three-bedroom layouts, with two units scheduled for vacant delivery.
Where is this quadplex located?
The property is located at 1028 N Hayworth Ave West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: Four residential units: two 1‑bedroom/1‑bath and two 3‑bedroom/2‑bath layouts; 3,950 square feet on a 7,102‑square‑foot lot; Built in 1922; Liquid Rubber roof treatments applied to all units in 2024
