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12-Unit Apartment Value-Add
For Sale
Contact for pricing
Pending

122-128 N Hayworth Ave, Los Angeles, CA 90048

Built in 1968, this 12-unit asset includes renovated vacant units and space potentially convertible into additional units.

Property SizeContact for details
Lot Size0.34 Acres
Days on Market865

Property Features for 122-128 N Hayworth Ave

General Information

Standard status Pending
Class C
Total Parking Spaces 12
Lot size 0.34 Acres
Property subtype Multifamily
Zoning R3
Occupancy 78%

Additional Details

Multifamily Units 12

Building Details

Year Built 1968
Buildings 2
Stories 1
Units 14
Tenancy Multi
Listing Agency: NAI Capital
Listed By: Natalie Hagler · License #02200672
Source: Crexi
Added: Apr 26, 2024 Changed: Aug 25 Last Checked: Sep 7 at 11:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital

Investment Insights

Based on property information with market context.

122-128 N Hayworth Ave is a 12-unit multifamily property constructed in 1968 and offered for the first time in 56 years. Three of the units are described as renovated and currently vacant. The offering also highlights that two additional spaces can potentially be converted into units, subject to buyer verification. The property is zoned LAR3.

Set on a lot just under 0.34 acre, the building is positioned in the heart of Los Angeles on the cusp of West Hollywood. The remarks note it is steps away from The Grove and surrounded by major retail and entertainment destinations, with close proximity to West Hollywood, Beverly Hills, Sunset Blvd, Beverly Center, and Melrose Ave.

With a mix of renovated vacancy and potential for additional unit creation, this is presented as a value-add residential income opportunity for an owner or buyer looking to maximize current and future configurations (with all conversion considerations to be verified by the purchaser).

Key Highlights

  • 12‑unit multifamily property built in 1968, zoned LAR3 (APN 5511‑001‑021)
  • 3 renovated units are vacant
  • 2 additional spaces may be convertible into units (buyer to verify)

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Daycare Center Adult Day Care Plumbing Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,771
Businesses Nearby

Demographics for 90048, CA

22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1968, this 12-unit asset includes renovated vacant units and space potentially convertible into additional units.
Where is this apartment building located?
The property is located at 122-128 N Hayworth Ave Los Angeles, CA.
What are key features of this property?
This property features: 12‑unit multifamily property built in 1968, zoned LAR3 (APN 5511‑001‑021); 3 renovated units are vacant; 2 additional spaces may be convertible into units (buyer to verify)
(310) 902-0303 Call to check price and availability
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