652 N HAYWORTH AVE, Los Angeles (City), California
652 N HAYWORTH AVE, Los Angeles (City), California 90048 - We are proud to present this rare 9 unit apartment building on Hayworth & iconic Melrose Ave, zoned R3! 652 N Hayworth Ave is a +/-7,784 SqFt apartment building on a +/-7,499 SqFt lot, built in 1959. This building has a favorable unit mix of 6 1+1 and 3 2+1.75 with 8 parking spots. It it located in an iconic, pride of ownership area, just steps from the Melrose hotspots and walking distance from The Grove and the Beverly Center. Below market rents offer huge upside in an area of high appreciation. With R3 zoning on a large lot this property is ideal for a developer. With it's low price per SqFt this property would also be great for an investor looking for an apartment building in a great area with upside in rents and stable, predictable cash flow. This one will go fast! Email me now to make an offer!
Listing Courtesy of MG Realty Investment, Inc.