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$2,199,000

FOR SALE
Active

1140 N Beachwood Drive

Los Angeles, CA

MLS# 26103437

5,343 Sq Ft2bd • 10ba
3 days on marketNalren refreshed

Listing Agent

Dana Brody

Listing Agent

Dana Brody

DRE #: 01429001

(818) 212-2757

Brokerage: Dana Brody

Property Details

2

Bedrooms

10

Bathrooms

5,343 sqft

Square Feet

1956

Year Built

6,754 sqft

Lot Size

$412

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

Exceptional Hollywood value-add opportunity featuring a 10-unit multifamily property with six vacant units ready for renovation, offering investors the ability to execute a coordinated repositioning strategy and pursue increased rental income. Four occupied units provide existing income while renovations and lease-up are underway. The property is surrounded by significant new construction, including projects directly across the street and next door, reflecting substantial investment in the immediate neighborhood. Located near Echelon Studios Hollywood, a major studio and creative office development nearing completion, the property is positioned amid Hollywood's continued transformation and expanding entertainment infrastructure. With immediate renovation potential and significant development activity nearby, investors have the opportunity to create value through strategic improvements and a focused lease-up plan. Acquire, renovate, reposition, and capitalize on Hollywood's ongoing evolution. For investors seeking a hands-on multifamily opportunity, 1140 N. Beachwood Drive offers the combination of vacant-unit renovation potential, existing occupancy, and immediate neighborhood development. Acquire the asset, implement a disciplined renovation and lease-up strategy, and position the property to benefit from Hollywood's ongoing evolution.

Facts & Features

Building

Year Built
1956
Living Area
5,343 sqft
Building Area Total
5,343
Levels
Two
Stories Total
0

Utilities

Heating
Forced Air

Parking

Parking Features
Detached Carport
Parking Total
0

Community / HOA

HOA
No

Sale history for 1140 N BEACHWOOD Drive

  • Sold $1,975,000 in May 2022 · MLS #22132189 · Source: CRMLS

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