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1028 N Hayworth Ave, West Hollywood, CA 90046

List Price: $2,750,000On Market FlagOn market
May 6, 20243,950 sqft8 beds6 baths
Listed by: Shamim Khorsand Mashhadi
License #: 02042990
Phone #: 310-577-5300
Estate Properties
Source:
CRMLS Logo
MLS #: 24387933

Property Description

Nestled in the heart of West Hollywood, this property boasts a prime location surrounded by an array of restaurants, bars, and entertainment venues, along with convenient access to the vibrant shops lining Melrose Avenue and the amenities of Whole Foods Market. Offering a compelling opportunity for both owner-occupiers and savvy investors, this collection of four freestanding homes presents a value-add proposition through renovation potential in the vacant units.The property features a diverse mix of residences, including two spacious 3-bedroom, 2-bathroom townhomes and two cozy 1-bedroom, 1-bathroom cottages. Each unit is equipped with separate gas, electric, and water meters, ensuring individualized utility management. At the time of closing, one of the 3-bedroom units and one of the 1-bedroom units will be delivered vacant, providing flexibility for new owners.The front cottage, 1028, currently occupied, offers a charming living space with wood and carpet flooring, complemented by an AC wall unit and a sizable enclosed front yard. Adjacent, 1028 1/2, soon to be vacant, features a gas wall heater, two window AC units, and a private side yard, along with newer appliances and a newer water heater as well as brand new 9 inch wide vinyl laminate flooring throughout the house.One of the highlights, 1030, also to be delivered vacant, is a spacious 3-bedroom townhouse featuring a gas wall heater, an AC wall unit, and a range of recent updates including kitchen cabinets and flooring and comes with 2 tandem parking spaces. Additionally, 1030 1/2 exudes character with its high ceilings, gas fireplace, and elegant spiral staircase, offering a blend of modern comfort and timeless charm.Both townhomes boast enclosed patios off the upstairs bedrooms, adding an inviting outdoor retreat. All units except 1028 have Washer and Dryer, 1028 1/2 is in-unit while 1030 and 1030 1/2 are located outside the units. Notably, parking arrangements have been established with leased tandem spaces nearby, although longevity is subject to negotiation.While all information provided is deemed reliable, prospective buyers and their agents are encouraged to conduct thorough due diligence to ensure satisfaction with the property. With its versatile layout, convenient amenities, and prime location, this offering presents an exceptional opportunity to become a part of the vibrant West Hollywood community.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$23,319

TurboHome Estimated Value

$2,152,300

$545 sqft

High Valuation
$2,259,915
$572/sqft
Normal Valuation
$2,152,300
$545/sqft
Low Valuation
$2,044,685
$518/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$545/sqft$2,152,300

Neighborhood

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Comparative Value

$1.29M

$1.93M

$2.30M

$2.75M

6815 Lexington Ave, Los Angeles, CA 90038

Sale Price: $1,292,500

Selected Comparable

329 N Gardner St, Los Angeles, CA 90036

Sale Price: $1,926,000

Selected Comparable

100 N Kings Rd, Los Angeles, CA 90048

Sale Price: $2,300,000

Selected Comparable

1028 N Hayworth Ave, West Hollywood, CA 90046

List Price: $2,750,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1028 N Hayworth Ave, West Hollywood, CA 90046

1028 N Hayworth Ave, West Hollywood, CA 90046

List: $2,750,000

Listed: 5/6/2024

Area:3,950 sqft
Price/sqft:$696
Beds:8
Baths:6
Year Built:
Lot Size:7,102

Comparable Properties

COMPARABLE
Choose comps
100 N Kings Rd, Los Angeles, CA 90048

100 N Kings Rd, Los Angeles, CA 90048

Sale: $2,300,000

1/7/20251.16 mi

Area:5,003 sqft
Price/sqft:$460
Beds:8
Baths:6
Year Built:
Weight:33.8%
329 N Gardner St, Los Angeles, CA 90036

329 N Gardner St, Los Angeles, CA 90036

Sale: $1,926,000

1/7/20251.01 mi

Area:5,140 sqft
Price/sqft:$375
Beds:8
Baths:6
Year Built:
Weight:33.3%
6815 Lexington Ave, Los Angeles, CA 90038

6815 Lexington Ave, Los Angeles, CA 90038

Sale: $1,292,500

7/16/20251.34 mi

Area:3,369 sqft
Price/sqft:$384
Beds:7
Baths:6
Year Built:
Weight:32.9%

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