
Multifamily listing
1441 s hayworth ave
sold in
Pico-Robertson
8 Units in Pico-Robertson with 37% Rental Upside
Listed Price
$
2,100,000
Sold At
$
1,900,000
8
Number of Units
1961
Year Built
5,738
SF
Square Footage
7,127 SF
SF
Lot Size
LAR4
Zoning
1441 S Hayworth Ave, Los Angeles, CA 90035
About the Property
1441 S Hayworth Ave is an 8-unit Pico-Robertson multifamily property offering a blend of architectural character, in-place income, and clearly defined rental upside in one of Los Angeles’ most consistently in-demand rental corridors. Located in Faircrest Heights, just west of Fairfax Ave and adjacent to Carthay Square, the property sits within a supply-constrained pocket that continues to attract long-term tenants seeking walkability, neighborhood retail, and proximity to key Westside and Mid-City employment hubs.
Constructed in 1961, 1441 S Hayworth Ave reflects classic mid-century design with breezeblock accents, expansive window lines, and a gated street presence that immediately distinguishes the asset from surrounding rental stock. The scale, layout, and curb appeal support a stable tenant profile while positioning the property for continued rent growth through unit turnover and targeted interior upgrades.
Unit Configuration and Interior Condition
The unit mix at 1441 S Hayworth Ave consists of (2) 2-bed/2-bath units and (6) 1-bed units, a configuration that aligns well with demand in the Pico-Robertson submarket. Several units have already been updated with renter-preferred finishes, including wood-laminate flooring, quartz countertops, stainless steel appliances, modern cabinetry, and ceiling fans.
The remaining unrenovated units provide a clear path for value creation through continued interior upgrades. This staggered renovation profile allows future ownership to capture rent growth incrementally without disrupting overall operations, supporting both near-term cash flow and longer-term yield enhancement.
Building Amenities and Site Characteristics
1441 S Hayworth Ave features controlled access, approximately (8) gated parking spaces, and on-site laundry facilities. The building has completed its soft-story seismic retrofit, further reducing near-term capital exposure and supporting operational stability (buyer to verify).
The gated frontage and landscaped entry contribute to a sense of privacy and pride of ownership that resonates with tenants in this neighborhood. These physical characteristics, combined with the property’s manageable size, make the asset particularly appealing to investors seeking a balance of hands-on control and institutional fundamentals.
Rental Upside and Market Positioning
The property offers approximately 37% rental upside relative to renovated comparables in the immediate Faircrest Heights and Pico-Robertson area. Upon stabilization, projections indicate a 9.73 GRM and a 7.35% CAP, positioning 1441 S Hayworth Ave favorably among comparable mid-size assets on the Westside.
The surrounding neighborhood continues to benefit from strong tenant demand driven by proximity to Beverly Hills, Culver City, and the Mid-City creative corridor. Walkable access to retail, dining, and daily services reinforces long-term occupancy while limiting exposure to new competitive supply.
Location Context Within Pico-Robertson
1441 S Hayworth Ave is situated in Faircrest Heights, a residential enclave known for its walkability, architectural consistency, and proximity to some of Los Angeles’ most active employment and lifestyle centers. The location places residents within minutes of Fairfax Ave, Pico Blvd, Beverly Hills, and Culver City, while remaining insulated from the congestion of larger commercial corridors.
This balance of accessibility and residential character has made Pico-Robertson one of the city’s most resilient rental submarkets, supporting stable tenant demand across market cycles.
Conclusion and Next Steps
1441 S Hayworth Ave represents a compelling Pico-Robertson multifamily opportunity defined by location, architectural appeal, and a clearly executable value-add strategy. The combination of an 8-unit scale, mid-century character, completed seismic work, gated parking, and measurable rental upside positions the property as a strong long-term hold in a supply-constrained Westside neighborhood.
For buyers interested in understanding how this asset ultimately traded and how value was realized through positioning and execution, we invite you to view the 1441 S Hayworth Ave success story here, which details the transaction strategy and outcome.
The Kenny Stevens Team has extensive experience representing multifamily properties in Pico-Robertson and Faircrest Heights and can help evaluate how 1441 S Hayworth Ave fits within a broader Los Angeles multifamily investment strategy.
1441 S Hayworth Ave.
Culver City / Mar Vista / Palms
Listed Price
$2,100,000
Number of Units
8 Units
Price per. Unit
$237,500
Bldg. Size
5,738 SF
Price per Foot
$330
Lot Size
7,127 SF SF
Year Built
1961
Current CAP
5.01
Market CAP
7.99
Zoning
LAR4
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$237,500
Price p/ Sq. ft.
$330
Proforma Cap Rate
7.99




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