This 1927 Spanish Townhouse Building
Listed at $4,400,000 and Sold over asking with Multiple Offers!
"As an agent, I have worked with this building for more than 10 years through more than 30 transactions. I've sold it twice and and worked with each previous owner to add value to the building.
We have just successfully achieved one of the highest price per unit for an apartment building in this area:
$735,000 per door!
1515 N Hayworth Ave has always been my favorite building. I will miss it and will always be proud of the work we have done to make it the valuable asset that it is today. To the new ownership, we now turn over to you a quality property with lots of upside in the near future."
A rare opportunity to own a beautiful trophy property with the distinctive grandeur of old Hollywood. Located on the prime Sunset Strip, 1515 N. Hayworth has a strong rental income stream and a CAP rate/GRM that outperforms current market trends in this area.
This majestic 1927 Spanish-style building offers 6 unique 2-BR townhouse units featuring private gardens and courtyards and large impressive windows that accent each unique floor plan. Units feature 10' beamed living room ceilings, hardwood floors, central air, fireplace and elegant wrought-iron rails on staircases that sweep up to a wide landing, leading to 2 large Bedrooms. Property has 8 dedicated parking spaces (carport). Most units have upgraded kitchens w/ new appliances and washer/dryers. Property has upgraded electrical as well as (copper) plumbing and is very-well maintained and preserved.
This A+ location is a short walk to The Chateau Marmont, Trader Joe's, Crunch Gym and Coffee Bean.