514 N Hayworth Ave, Los Angeles, CA 90048
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514 N Hayworth Ave Los Angeles, CA 90048

$3,400,000 Sold Price as of 01/07/2021
  • 12 Beds
  • 12 Baths
  • 7,674 Sq.Ft.
Sold
$3,400,000 Sold Price as of 01/07/2021 Refinance Your Mortgage

Map preview of 514 N Hayworth Ave, Los Angeles, CA 90048

Property Overview: 514 N Hayworth Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 7,674 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Earthquake Retrofit Completed

Listed by Laurie Lustig | BRE #00979360 | Laurie J. Lustig
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 203

Home details

Lot Sq. Ft
7,499
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20592762
City
Los Angeles
County
Los Angeles
Time on Site
1201 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,815
  • Total Rent: $14,520
  • Pro Forma/Market Rent: $18,448
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,835
  • Total Rent: $3,670
  • Pro Forma/Market Rent: $5,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $139,791
  • Gross Operating Income: $215,026
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 514 N Hayworth Ave

Interior Features
Heating Information
  • No Heating
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop, Oven
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Tandem Garage, Gated, Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 10
  • Parcel Number: 5527020017
Location / Neighborhood
Location Information
  • Directions: Located one block from Fairfax Ave. between Melrose Ave. and Beverly Blvd.
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Sale History for 514 N Hayworth Ave

Last sold for $3,400,000 on January 11th, 2021
  • January, 2021

  • Jan 26, 2021

    Date

    Sold

    CRMLS: 20592762

    $3,400,000

    Price

  • Sep 16, 2020

    Date

    Price Change

    CRMLS: 20592762

    $3,700,000

    Price

  • Jun 18, 2020

    Date

    Active

    CRMLS: 20592762

    $3,995,000

    Price

  • January, 2021

  • Jan 11, 2021

    Date

    Sold (Public Records)

    Public Records

    $3,400,000

    Price

  • December, 2010

  • Dec 23, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 514 N Hayworth Ave

Assessed Value (2020): $597,369
Year Land Value Improved Value Assessed Value
2020 $248,829 $348,540 $597,369

Home Value Compared to the Market

This property vs the competition

514 N Hayworth Ave sold on January 7, 2021 for 252.38% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $482.15 per/sqft which puts the price per square foot 34.67% lower than the current median sale per square foot for the city of Los Angeles.

About 514 N Hayworth Ave

Detailed summary of property

514 N Hayworth Ave is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 7,674 living square feet, and sits on an approximately 7,499 square foot lot. 514 N Hayworth Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,400,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 252.38% higher than the current median priced home. Local homes that are currently for sale include 1974 Hillcrest Rd, 1414 S Orange Dr and 1508 S Durango Ave. While the average home in Los Angeles, CA is selling in 96 days, 514 N Hayworth Ave has a days on market of 203 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 514 N Hayworth Ave Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 514 N Hayworth Ave

Public county record property details
Beds
12
Baths
12
Year built
1962
Sq. Ft.
7,674
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
5527-020-017

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,695,000
Median List Price/Sq.Ft.
$1,041
Median Sold Price
$1,875,000
Median Sold Price/Sq.Ft.
$934
Total Inventory
126
Median Sale to List Price %
101.35%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (0%)

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Related Resources to 514 N Hayworth Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.