2111 N Beachwood Dr - Apartments FOR SALE


Los Angeles, CA 90068- Hollywood
$2,695,000 USD
949-870-2327
2111 N Beachwood Dr, Los Angeles, CA for Sale
$2,695,000 USD
Apartments - FOR SALE
1/12
null | 4.62% Cap Rate

2111 N Beachwood Dr
Los Angeles, CA 90068
Hollywood


HIGHLIGHTS

  • Detached Cottage To Be Delivered Vacant
  • Rare Craftsman-Style Architecture
  • Located in Iconic Beachwood Canyon
  • Modern Amenities While Retaining Historic Charm & Character
  • Updated Kitchens & Bathrooms in Select Units
  • Large, Street-to-Street Lot

OVERVIEW

Tucked away from the street in historic Beachwood Canyon, nestled below the iconic Hollywood sign, lies a 4-unit Craftsman-style compound consisting of a triplex and a detached bungalow. Situated on an expansive private lot, each generously sized unit retains old-world charm while offering the modern amenities of today’s living. A commanding front triplex offers alluring curb appeal, while the secluded vacant bungalow offers an investor the opportunity to achieve market rent immediately or a rare opportunity for an owner-user to maintain their own private space while the occupied units help offset a mortgage. Upgrades over the years include renovated kitchens and bathrooms, plus the addition of central HVAC. Tenants of the community enjoy shared and private outdoor spaces, garage parking and W/D hookups. This rare offering is located within close proximity to Franklin Village, offering an array of shops and dining for tenants and owner-users. Fully occupied, the property generates $180,000/year, offering an excellent investment opportunity in one of Los Angeles’ most prized locations. Please do not walk on the property. Email the listing agent for a copy of the OM and any additional questions. jamesharm@compass.com

FOR SALE DETAILS

PRICE

$2,695,000 USD

PRICE/SF

$490 USD /SF

# OF UNITS

3

PRICE/UNIT

$898,333

CAP RATE

4.62%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,293 SF

ZONING

LAR3

APN/PARCEL ID

5586-009-012

ASK ABOUT THIS PROPERTY

James HarmCompassMore Info
949-870-2327

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James HarmCompassMore Info
949-870-2327

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.