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2021 N Beachwood Dr , #9

Los Angeles, CA 90068
  • $3,789,000
  • STATUS: Active Under Contract
  • ON SITE: 225 Days
  • MLS #: 21-704880
Under Contract
UPDATED: 67 min ago
$3,789,000
  • 14
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,436
    SQFT
  • $402
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Description

Value Add Opportunity! One more chance to own this Rare Mid Century Offering! First time on the Market. Prime Hollywood Hills on the Palm Tree lined Beachwood Drive with views of the Hollywood Sign and a short walk to Franklin Village. This is a future trophy asset. All rents and expenses are PRO FORMA estimates . Current rent roll is undetermined at this time and property has 5 vacant units and possibly more in the future? Many of the units have been remodeled in the past 10 years. Five two bedroom/two bath & four one bedroom/one bath units. Two of the two bedroom units are extra large with balconies. Beautiful landscaping and Courtyard. 12 car off street parking, 9 covered. Built in 1961...please lookup 2488 Beachwood Dr for potential rent ideas!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T17:42:56.373. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/115083118
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2021 N Beachwood Dr , #9 Los Angeles, CA 90068

  • Price: $3,789,000
  • Status: Active Under Contract
  • Updated: 67 min ago
  • MLS #: 21-704880
14
Beds
0
Baths
0
½ Baths
0.23
Acres
9,436
SQFT
$402
$/SQFT
1961
Built
Neighborhood:
Hollywood Hills East
County:
Los Angeles
Area:
Hollywood Hills East
Property Description
Value Add Opportunity! One more chance to own this Rare Mid Century Offering! First time on the Market. Prime Hollywood Hills on the Palm Tree lined Beachwood Drive with views of the Hollywood Sign and a short walk to Franklin Village. This is a future trophy asset. All rents and expenses are PRO FORMA estimates . Current rent roll is undetermined at this time and property has 5 vacant units and possibly more in the future? Many of the units have been remodeled in the past 10 years. Five two bedroom/two bath & four one bedroom/one bath units. Two of the two bedroom units are extra large with balconies. Beautiful landscaping and Courtyard. 12 car off street parking, 9 covered. Built in 1961...please lookup 2488 Beachwood Dr for potential rent ideas!
Exterior Features

Covered Parking 9 Cross Streets Franklin Ave. Direction Faces North Exterior Construction Stucco Levels Multi/Split Lot Size Area 10102 Other Structures None Parking Garage Carport AttachedDriveway Patio Features BalconyCovered PorchEnclosed Pool Description None Pool YN No Roof Asphalt Spa None Spa YN No Style Mid-Century Tennis Court None Tennis YN No Total Parking 12 View Description Hills View YN Yes Water Frontage None

Interior Features

Baths Total 14.00 Cooking Appliances Built-In GasBuilt-Ins Cooling Air Conditioning Den No Dining Room No Equipment DishwasherHood FanRange/Oven Family Room No Fireplace Rooms None Flooring BambooHardwoodCarpetCement Foundation Details Slab Heating Natural GasWall Interior Features 2 Staircases Kitchen Features Granite CountersRemodeled Laundry Room Laundry Equipment Lease Rooms Breakfast Area Water Heater Features Gas Windows Garden Window

Property Features

ADACompliance No Assessed Total Value 1558453 Disability Access None Gross Income 315000 Gross Operating Income 299820 Land Lease Type Fee Like Units1 2 Like Units2 2 Like Units3 1 Like Units4 4 Net Operating Income 210600.00 Number Of Buildings 1 Number Of Units 9 Owner Pays GardenerWater Rent Control YN Yes Sale Type Real Estate Owned Security Features Gated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 91000 TVServices Cable TvTv Satellite Dish Type Of Units Apartments Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Robert Walters DRE#01052638 of Leland Properties.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T17:42:56.373. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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