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December 10, 2017
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LOS ANGELES COUNTY NEWS
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Apartment Property in LAís Fairfax Area Sells for $295k/Unit

11/09/17

A 19-unit apartment property located in West Los Angeles sold for $5.6 mil ($295k/unit). The property is located at 750 North Hayworth Ave, just north of Melrose Ave and west of Fairfax Ave.

Built in 1959, the property sits on a 14.2k sf lot, with eleven one-bedroom/one-bath units, two two-bedroom/two-bath units, three two-bedroom/two-bath units and three three-bedroom/two-bath units. There are five garage parking spaces and ten open parking spaces.

This location sits in one of the strongest rental pockets in Los Angeles and an unparalleled location for its proximity to numerous restaurants, bars, stores, coffee shops, shopping malls, movie theaters, nightclubs and any possible amenity desired.

John Stephens, Richard J. Ringer and Jeff Benson with Marcus & Millichap represented the buyer, a partnership, and the seller, an individual/personal trust.




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