$2,199,000
+$33,000 cash back1140 N Beachwood Dr, Los Angeles, CA 90038
Listed by Dana Brody, DRE #01429001, Dana Brody
2
Beds
10
Baths
5,343
Sqft
6,754
Lot sqft
Property Highlights
Listing Provided Agent
- • Name: Dana Brody
- • DRE: 01429001
- • Email: dana.brody@marcusmillichap.com
- • Phone: -
Listing Provided Office
- • Name: Dana Brody
- • Email: -
- • Phone: 818-212-2757
Source
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.
Home Details
Interior
Features
- Flooring: 2
Bedrooms
- 2 total bedrooms
Bathrooms
- 10 total bathrooms
Heating & Cooling
- Heating: Forced Air
Exterior
Features
- Levels: Two
Parking & Lot
- No attached garage
- Lot Size: 6,754 sqft
Local Information
Home Buying Journey
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