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Five-Unit Apartment Building
For Sale
$1,550,000

1601 S Hayworth Ave, Los Angeles, CA 90035

Two structures provide residential units, garage parking, and a vacant upper-level residence for renovation or owner occupancy.

Property Size5,634 SF
Lot Size0.15 Acres
Price / SF$275.12
Days on Market286

Property Features for 1601 S Hayworth Ave

General Information

Standard status Active
Size 5,634 SF
Total Parking Spaces 5
Lot size 0.15 Acres
Property subtype MULTI_FAMILY
Zoning R2-1-O

Property Condition

Severity Major Repairs Needed
Evidence major fixer-upper

Units

Unit Mix 4 x 1BR, 1 x 3BR
Multifamily Units 5

Building Details

Building Size 5,634 SF
Year Built 1928
Buildings 2
Listing Agency: Maher Commercial Realty
Listed By: Oron Maher · License #01299093
Source: Benbelack
Added: Nov 17, 2025 Changed: Aug 30 Last Checked: Aug 4 at 5:51AM

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 Maher Commercial Realty

Investment Insights

Based on property information with market context.

Built in 1928, this five-unit apartment property occupies a 6,621-square-foot R2-1-O zoned lot. The front two-story building contains four one-bedroom apartments. A separate rear structure places a three-bedroom residence on the second floor above five ground-level, one-car garages. The three-bedroom unit is scheduled for delivery vacant at closing and requires substantial renovation, offering flexibility for an owner-user or repositioning strategy. Existing one-bedroom units are described as having below-market rents. The garage area may also support ADU conversion, subject to city approval.

The property is located in Picfair Village, south of Pico Boulevard and east of La Cienega Boulevard. The surrounding setting includes single-family residences and boutique multifamily buildings, with access to Beverly Hills, Century City, Culver City, and Mid-Wilshire. The Grove, Beverly Center, and Cedars-Sinai Medical Center are also identified as nearby destinations.

Key Highlights

  • Five‑unit multifamily property on a 6,621 SF R2‑1‑O zoned lot
  • Four one‑bedroom units in the front two‑story building
  • Detached rear structure with a three‑bedroom unit over five one‑car garages

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Bar & Pub Travel Agency Tanning Salon

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,895
Businesses Nearby

Demographics for 90035, CA

30,294
Population
13,795
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
13,171
Density / Sq Mi
$108,224
Median Household Income
$67,202
Median Earnings
$2,486
Median Rent
$1,844,000
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 - Two structures provide residential units, garage parking, and a vacant upper-level residence for renovation or owner occupancy.
Where is this apartment building located?
The property is located at 1601 S Hayworth Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Five‑unit multifamily property on a 6,621 SF R2‑1‑O zoned lot; Four one‑bedroom units in the front two‑story building; Detached rear structure with a three‑bedroom unit over five one‑car garages
More about this property
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