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33348173
33348165

1130 Beachwood Drive, Los Angeles, CA 90038

SL
CA 01933858
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino
$1,100,000
2 days on market
Updated 2 days ago
Opportunity zone

1130 Beachwood Drive

Details
Property Type Multifamily
Square Footage 1,556
NOI $35,125
Price per SqFt $707
Lot Size (SqFt) 6,753

2 Units | Can Be Delivered 100% Vacant

Marketing description

Located in the heart of Hollywood, this vintage duplex at 1130 N Beachwood Dr presents a compelling value-add opportunity in one of Los Angeles' most dynamic rental markets. The property features a desirable unit mixone 1-bedroom/1-bath and one 2-bedroom/1-bathtotaling approximately 1,556 square feet. The building will be delivered with one unit vacant (and the possibility of the second), offering immediate flexibility for renovations and strategic repositioning. Deemed historic and rich with architectural character, the property is perfectly suited for a comprehensive restoration that blends vintage charm with modern upgrades. The lot includes ample rear space and on-site parking, featuring a detached garage that provides potential for an accessory dwelling unit (buyer to verify). Situated near major entertainment hubs like the Hollywood Walk of Fame and the Hollywood Bowl, the location benefits from robust rental demand driven by the area's thriving creative industries. Surrounded by ongoing residential development, this property offers a rare chance to restore and reimagine a character building while unlocking its full investment potential.

Investment highlights

Delivered with Vacancy – Immediate Control for Repositioning

Value-Add Opportunity with Significant Repositioning Potential

Generous Lot with Space for Additional Development (Buyer to Verify)

Ample Parking with Flexible Use Potential

Prime Location Near the Entertainment & Media Capital of the World

Listing Contacts

SL
CA 01933858
Marcus & Millichap - Encino
Listed by Marcus & Millichap - Encino

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$35,125.00
$2,927.08/mo

Valuation Metrics

0
DSCR
3.19%
Cap Rate
3.19%
ROI

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