1656 S Hayworth Avenue is a brand-new, NON-RENT-CONTROLLED luxury fourplex located on a quiet, tree-lined street near Pico-Robertson, one of Los Angeles’ most central and desirable rental markets. This high performing asset offers a projected 5.71% cap rate with ultra-low operating expenses, as all units are separately metered for electric and water and the property is fully electric with no gas. 1656 S Hayworth features four massive, renter-friendly units with a highly desirable mix: two oversized 4-bed/4-bath units, one 3-bed/3-bath, and one rare 5-bed/5-bath single-family-style residence. These units showcase premium modern finishes, open concept layouts, in-unit laundry, and private 360-degree rooftop decks with sweeping city views that command top-of-market rents. Designed for long-term performance and strong tenant appeal, the property includes eight onsite parking spaces, central HVAC, and striking contemporary architecture. Ideally positioned near Fairfax, Beverly Grove, Beverly Hills, Culver City, and West Adams, this turnkey opportunity is well-suited for investors or 1031 exchange buyers seeking a low-maintenance, non-rent controlled asset in a supply-constrained submarket. 1656 S Hayworth checks every box investors are chasing today: new construction, no rent control, strong rents, and a prime central location!
