1023 North Hayworth Avenue, a 9-unit apartment asset in West Hollywood, one of the most desirable submarkets of Los Angeles. Located 1/2 block south of Santa Monica Boulevard and one block west of Fairfax. Built in 1959, the property has an advantageous unit mix of (3) two-bedroom/two-bathroom, (5) one-bedroom/one-bathroom units and 1 studio unit. The property has undergone recent improvements including a newer roof and copper plumbing throughout. Several of the nine units have been completely renovated. The remaining unrenovated units offer investors 48% upside potential in rents. The remodeled units feature hardwood floors, recessed lighting, stainless steel appliances, quartz countertops and in-unit washer and dryers. Densely packed into 1.9 walkable square miles, West Hollywood includes a vast culinary landscape, the Sunset Strips notorious nightlife, designer flagships lining the Design District, celebrity hot spots, global annual events, premier spas, fitness centers and entertainment. Motivated Seller.
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