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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 5.71% 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:

$4,595,000

Fourplex

Pre-Market

4

2026

5.71%

13.51

$339,540/ Year (Pro Forma)

6,727 sqft

6,376 sqft

$683.07

$1,148,750

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

  • NO RENT CONTROL!

  • MASSIVE units with premium floorplans.

  • Diverse unit mix of two 4 bedrooms, one 3 bedroom and one 5 bedroom. High income producing property!

  • Stunning 360-degree rooftop decks with awe-inspiring views.

  • Premium modern finishes and open layouts designed for today’s urban renter.

  • Architecturally impressive exterior with a multi-dimensional design that enhances curb appeal and tenant desirability.

  • All units separately metered for electric and water — low operating expenses!

  • Beautiful residential, tree-lined street!

  • Turnkey 1031 exchange opportunity — ready to close now!

  • Located in a highly central neighborhood bordered by some of LA’s most iconic areas including Fairfax, Beverly Grove, Pico-Robertson, Beverly Hills, West Adams, and Culver City.

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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