34.109104 -118.32198

2119 N Beachwood Drive Los Angeles, CA 90068

252526957 34.109104 -118.32198 124 /listing/252526957-150191073/2119-n-beachwood-drive-los-angeles-ca-90068 False 0 5950000.0 105 GD19237343 False
  • $5,950,000
  • 12,436 lot
  • Est payment $31940.89/mo

Property & Neighborhood Info

Courtesy Of Krikor Garabedian, Keller Williams R. E. Services

Multi-Family in Los Angeles

We are proud to offer for sale 2119 North Beachwood Drive, a rare opportunity to purchase a 17-unit multifamily investment located in the Hollywood Hills. Originally constructed in 1956, the property is a striking two-story structure over secured, subterranean parking. This offering presents a uniqueopportunity to acquire an asset that is in excellent condition and provides a huge amount of remaining upside potential in the rents. 2119 N. Beachwood Drive offers the perfect blend between a stabilized asset and a value-add opportunity. The property has been extensively renovated inside and out yet offers over 30% remaining upside potential in rents.

Courtesy Of Krikor Garabedian, Keller Williams R. E. Services
  1. 12,436 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1956
  • Garage: 18.0
  • Floors: 2
  • County: Los Angeles County
  • Units: 17
  • Zoning: LAR3
  • MLS Number:GD19237343

Additional Features

  • Laundry:
    • Common Area
  • Common Walls:
    • No Common Walls
  • Levels:
    • Two
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Landscaped
    • Lawn
    • Level with Street
    • Lot 10000-19999 Sqft
  • Pool Features:
    • None
  • Parking Spaces:
    • 18.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Urban
  • Number of Buildings:
    • 1
  • Gross Income:
    • 321924.00
  • Net Operating Income:
    • 185707.00
  • CDOM:
    • 99
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 0.00
  • Gross Operating Income:
    • 312266.00
  • Insurance Expense:
    • 5759.00
  • Listing Key:
    • 363545910
  • Lot Size Acres:
    • 0.2855
  • Lot Size Square Feet:
    • 12436.00
  • Number Of Units Leased:
    • 17
  • Operating Expense:
    • 126559.00
  • Price Per SQFT:
    • 444.30
  • Tax ID:
    • 5586009011
  • Total Expenses:
    • 126559.00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Shawn Dixon
Shawn Dixon
Broker Associate
4192 Woodruff Ave Lakewood CA 90713
Request More Info
34.109104 -118.32198

2119 N Beachwood Drive Los Angeles, CA 90068

252526957 34.109104 -118.32198 124 /listing/252526957-150191073/2119-n-beachwood-drive-los-angeles-ca-90068 False 0 5950000.0 105 GD19237343 False
  • $5,950,000
  • 12,436 lot
  • Est payment $31940.89/mo