1134 N Beachwood Drive, Los Angeles, CA 90038
Property
Sold March 2024
Listing Agent: Errol Spiro (DRE #00893163) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Carlos Estrada · Liberty Investment Group · MLS #24348291 · Source: CRMLS
About this property
The Beachwood Drive Residences are six bungalow units in a prime East Hollywood location. Two of the 1 BR + 1 Bath units will be delivered VACANT! The six units are in close proximity to the Sunset Gower Studios, Netflix headquarters and many other major entertainment and media companies offices. 1134-1138 N Beachwood Drive has an excellent unit mix with (5) of the units being 1 BR + 1 Bath and (1) of the units being a 2 BR + 1 Bath. The property was originally built in 1922 and the total rentable sq. ft. is approximately 2,546 sq. ft. The size of the lot is approximately 6,752 sq. ft. and it is zoned LAR3. The Seller's have agreed to CARRY FAVORABLE FINANCING! The exact terms and rates of the Seller carry back are open to negotiation. The property has a beautiful center courtyard and many of the the units have their own private back patio. The rents are below market creating a quintessential value-add opportunity for new ownership. The subject property has no onsite parking. Excellent opportunity to purchase a 6 unit multi-family asset in a prime and high rental demand area of Hollywood. Brokers Open will be held Tuesday, January 23rd between the hours of 11:00 a.m. to 1:00 p.m.
Listing description from the March 2024 sale, as reported to CRMLS.
Sale history