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$4,945,000
Est. payment /mo
7,514 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,514 sqft
Price per Sqft $658
MLS Listing ID CL26632845
HOA Y/N No
Year Built 2019
Lot Size 6,828 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
This is the kind of Los Angeles asset that rarely trades.Built in 2020 and positioned along the hillside streets of Beachwood Canyon with direct adjacency to Hollywood Hills, this five-unit, townhome-style multifamily portfolio offers a compelling blend of newer construction, durable location, and clear operational upside.The property comprises five individually designed townhome residences, each configured as a true three bedroom, three bathroom layout with private entry and contemporary finishes. The units live more like single-family homes than traditional apartments, a distinction that consistently supports stronger tenant demand, longer tenancy, and favorable long-term liquidity.Operational fundamentals are efficient and investor-friendly. All units are separately metered with tenants paying their own utilities. The property includes ten total parking spaces with two assigned per residence, along with EV charging already installed. There is no HOA. Newer construction minimizes near-term capital requirements and supports predictable operating performance.The value-add profile is straightforward and controllable. Two units are delivered vacant, allowing immediate lease-up at market rents. One unit is month-to-month, providing near-term rent reset potential. One unit is current
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Exterior
Utilities Available Other Water/Sewer
View Y/N true
View Canyon, Hills
Building
Lot Description Other
Sewer Other
Water Other
New Construction No
Others
Tax ID 5586011014
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Listed by Tony Maduka • Christie's International Real Estate SoCal
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