103 N. Hayworth Ave

Los Angeles, CA 90048

$3,399,000

7 MULTI-UNIT APARTMENT BULDING

PRIME LOCATION BY THE GROVE

PROTECTION SECURITY SYSTEM

GATED COMMUNITY

Property Description

          Hayworth Luxury Apartments is a Trophy community that was built with character, attention to detail, and high-end materials and finishes. The property was only purchased in December 2019 distressed, and with many repairs and improvements the building is a Trophy property and there is no other one like it. Four of Seven units are fully redeveloped, the exterior has been redesigned and re-developed.

          Currently, the building is fully stabilized, generating over Thirteen thousand per month. Four of Seven units have been fully gutted and remodeled. Some of the items completed, but not limited to: Electrical, plumbing, flooring, drywall, new appliances, kitchen, custom bathroom tile, large open floorplans, closets, laundry areas, common areas, building paint, lighting, doors, and so much more.

          This one-of-a-kind Trophy property needs to be seen, to appreciate all details, tenants, the income of this building. New Windows, New Custom Blinds, New Kitchen Cabinets, Black Galaxy Granit, New Appliances Samsung, Electricity Panel in 4 Units, New Floor, Pluming, New Air conditioner, Remodeling 4 Units by City Permits, Painting All Building and Celling, Metallic Gate Doors, Camera System, Sprinkler system, Remodeling Laundry Room, Two Storage Build and Gazebo, Sprinkler System, New Mail Box, New Exit Doors To Unit, New Locks, and much more. This is truly a one-of-a-kind property, in a great location.

Amenities

Development information

          “When this property was acquired, it was distressed, with no vacancies, unhappy tenants, and most importantly low income. This property was mismanaged, received no love, it had many issues with the building, and many problems that were never addressed for years.

           After a detailed and costly development, this property is stabilized, profitable, tenant happy, and is currently one of the best properties on the block. We are proud of the hard work our team put in, and the results we were able to achieve. We thank everyone who was involved in the development process.”

Property location

Old/Original Gallery

Construction Gallery

After Development Gallery

video gallery

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