Property Detail
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 9/1/2025. Capitalize on a rare opportunity to acquire a quality multifamily asset in a top-tier Hollywood Hills location, ideal for investors seeking reliable income, upside, or redevelopment potential.
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Listing provided courtesy of Joe Custer of eXp Realty of California Inc. Last updated 2025-11-06 09:11:40.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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