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2448 N Beachwood Drive

Los Angeles (City), CA 90068
  • $1,875,000
  • STATUS: Active
  • ON SITE: 85 Days
  • ID#: 22157949
Price Reduced
UPDATED: 39 min ago
$1,875,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing Agent(s): Jason Tuvia of Marcus & Millichap (818-212-2700)


Description

We are pleased to present an eleven (11) unit apartment building located at 2448 N Beachwood Drive in Los Angeles, California. The subject property is situated in a prime Beachwood Canyon Location, north of Franklin Avenue in the main artery of greater Hollywood Hills. Built in 1942, this property contains a streamlined unit mix of eleven (11) bachelor / one bathroom units. The property is unique with a resort like feel, well-maintained, private, and lush with incredible landscaping. The units have their own covered patio with a retractable bamboo screen, updated flooring, and A/C. The common area includes a laundry facility, barbeque, and outdoor dining area for residents to enjoy. Access to the property is private, gated, & secure. The subject property is less than half a mile away from the exclusive Beachwood Village marketplace, where outdoor enthusiasts prepare for and unwind from the incredible Hollywood Sign and Hollywood Reservoir trails. The entrance to the Hollywood Sign Vista is located just 1.5 miles from the subject property. The neighborhood itself is quiet, tucked into the Greater Hollywood Hills but still half a mile away from the commercial corridor on Franklin Avenue. Tenants will enjoy living in a suburban atmosphere while having easy access across all major transportation hubs through Los Angeles. Situated in a prime Beachwood Canyon location, this offering presents an excellent opportunity for any investor to capitalize on strong rental upside potential with two (2) units delivered vacant in one of the most coveted submarkets in Los Angeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T21:34:04.817. 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 deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
www.livelovebeachcities.com/homes/128818919
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2448 N Beachwood Drive Los Angeles (City), CA 90068

  • Price: $1,875,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 39 min ago
  • ID#: 22157949
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1942
Built
Neighborhood:
C30 - Hollywood Hills East
County:
Los Angeles
Area:
C30 - Hollywood Hills East
Property Description
We are pleased to present an eleven (11) unit apartment building located at 2448 N Beachwood Drive in Los Angeles, California. The subject property is situated in a prime Beachwood Canyon Location, north of Franklin Avenue in the main artery of greater Hollywood Hills. Built in 1942, this property contains a streamlined unit mix of eleven (11) bachelor / one bathroom units. The property is unique with a resort like feel, well-maintained, private, and lush with incredible landscaping. The units have their own covered patio with a retractable bamboo screen, updated flooring, and A/C. The common area includes a laundry facility, barbeque, and outdoor dining area for residents to enjoy. Access to the property is private, gated, & secure. The subject property is less than half a mile away from the exclusive Beachwood Village marketplace, where outdoor enthusiasts prepare for and unwind from the incredible Hollywood Sign and Hollywood Reservoir trails. The entrance to the Hollywood Sign Vista is located just 1.5 miles from the subject property. The neighborhood itself is quiet, tucked into the Greater Hollywood Hills but still half a mile away from the commercial corridor on Franklin Avenue. Tenants will enjoy living in a suburban atmosphere while having easy access across all major transportation hubs through Los Angeles. Situated in a prime Beachwood Canyon location, this offering presents an excellent opportunity for any investor to capitalize on strong rental upside potential with two (2) units delivered vacant in one of the most coveted submarkets in Los Angeles.
Exterior Features

Lot Features LawnLandscaped Parking Features None Parking Total 0 Pool Features None Pool Private YN No Spa Features None Spa YN No View Hills View YN Yes

Interior Features

Appliances DryerWasher Fireplace Features None Fireplace YN No Flooring Wood Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Community Features Gated Gross Income 153852 Land Lease YN No Levels One Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 97168 New Construction YN No Security Features Gated Community24 Hour SecurityKey Card Entry Senior Community YN No Special Listing Conditions Standard Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T21:34:04.817. 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 deemed reliable but is not guaranteed accurate by the MLS or Bathurst Coastal Properties | Compass. Licensed in the State of California, USA.
 
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Bathurst Coastal Properties | Compass
2141 Rosecrans Ave, Suite 1120
El Segundo CA, 12345
Listing Agent(s): Jason Tuvia of Marcus & Millichap (818-212-2700)