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$4,200,000
Est. payment /mo
10,948 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,948 sqft
Price per Sqft $383
MLS Listing ID CL25607137
HOA Y/N No
Year Built 1967
Lot Size 10,866 Sqft
Acres 0.25
Property Sub-Type Other
Property Description
Don't miss this prime stabilized asset in iconic Beachwood Canyon, one of Hollywood's most sought-after rental submarkets. This well-maintained, late mid-century 14-unit building offers a rare combination of attractive current returns and long-term appreciation potential, with robust neighborhood fundamentals and a professional, high-income tenant base. The 10,948 sq ft property sits on a 10,863 sq ft lot and features 16 subterranean parking spaces and an on-site laundry. All units are separately metered for electricity and served by a central gas water heater. Significant capital improvements, including a fully completed soft story seismic retrofit (2020), ensure regulatory compliance and peace of mind. Located minutes from Hollywood's major employment centers, the property offers immediate access to Metro B (Red Line), DASH Hollywood, key arterials, and the neighborhood's vibrant core. Beachwood Canyon's limited supply and low vacancy consistently support strong rent growth and demand for well-managed properties. Access and interior viewing are subject to an accepted offer in line with Los Angeles market practice. Current rent roll available as of 12/1/2025. Capitalize on a rare opportunity to acquire a quality multifamily asset in a top-tier Hollywood Hills location, ideal for
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Radiant
Fireplace No
Building
New Construction No
Others
Tax ID 5586011016
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Listed by Joe Custer • eXp Realty of California Inc
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