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1656 S Hayworth, Pico-Robertson

Luxury Brand New Construction Fourplex in A+ Location Near Pico-Robertson

1656 S Hayworth Ave is a brand-new luxury fourplex located near Pico-Robertson, one of Los Angeles’ most central and supply-constrained rental markets. This non-RSO, turnkey asset offers a projected 5.57% cap rate with ultra-low operating expenses, as all units are separately metered and the property is fully electric with no gas. Featuring a highly desirable mix of oversized 3- to 5-bedroom units with private rooftop decks and premium modern finishes, 1656 S Hayworth delivers strong renter demand, immediate income potential, and long-term upside in a prime central LA location.

The Important
Details

List Price:

Property Type:

Status:

# Units:

Year Built:

Cap Rate:

GRM:

Gross Rent:

Bldg. SF:

Lot SF:

$/SF:

$/Unit:

Unit Mix:

Opportunity Zone:

Parking:

Rent Control:

$3,999,000

Fourplex

For Sale

4

2026

5.57%

14.01

$285,420/ Year (Pro Forma)

6,727 sqft

6,376 sqft

$594.47

$999,750

2 x 4b/4b + Rooftop, 1 x 3b/3b, 1 x 5b/5b

No

8 Total Spaces, 2 per unit

No

Other Features:

No Rent Control, Washer/Dryer in each unit, Balconies, Private Rooftops & Walk-In Closets

The Highlights

  • NON-RENT-CONTROLLED asset: strong rental upside

  • 75% leased at market rents with full lease-up expected soon: immediate income + near-term stabilization

  • Large, renter-friendly units with premium, functional layouts

  • Ideal unit mix: (2) 4BR, (1) 3BR, (1) 5BR : built for strong income generation

  • Private 360° rooftop decks with sweeping city views: major rent driver

  • High-end modern finishes, open-concept design, and in-unit laundry throughout

  • Separately metered for electric & water + fully electric building for low operating expenses

  • Striking contemporary construction with standout curb appeal

  • Located on a quiet, tree-lined street in a highly desirable neighborhood

  • Prime central location near Beverly Hills, Beverly Grove, Fairfax & Culver City

  • Turnkey 1031 exchange opportunity: low-maintenance new construction asset

The Neighborhood

<15-Minute Walk

Holy Grill, Pizzeria Sei, Lenny’s Casita, Crescent Heights Boulevard Elementary, Pico Boulevard corridor, Paper or Plastik Café, Peet’s Coffee & Tea, Cardinale du Vin, Met Him At A Bar

<15-Minute Drive

Century City Mall, The Grove, The Ivy, The Honor Bar, E.P. & L.P., Dante Beverly Hills, Roxy Theatre, The Platform, Frolic Room, Joan’s on Third, Somni, Si! Mon, Bar Benjamin, Élephante Santa Monica, Tesla Diner

<$15 Uber Ride

Griffith Park & Observatory, Mori Nozomi, No Smoking Bar, Sqirl, Culver & Main, The Hideaway, Employees Only, Whisky a Go Go, Felix Trattoria, Laurel Hardware, Night + Market, The Broad Museum, Hollywood Forever Cemetery

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Contact

Cheyenne Womack

805.973.7470

Lauren Cearley

213.203.8662

Property Presented By:

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