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2033 N Beachwood Drive

Los Angeles (City), CA 90068
  • $12,500,000
  • STATUS: Active
  • ON SITE: 131 Days
  • ID#: 23234309
$12,500,000
  • 25
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,750
    SQFT
  • $602
    $/SQFT
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Paul Schon of St Realty, Inc (424-245-8438)


Description

2033 North Beachwood Apartments. Offering investors, a once in a lifetime opportunity to purchase a 27-unit remodeled apartment building located in the prestigious Hollywood Hills neighborhood surrounded by multimillion-dollar homes and breathtaking views. A short distance to Beachwood Caf and the Hollywood Sign. The property has been upgraded in 2022 (plumbing, electrical, landscaping, paint throughout, windows, etc.) It offers an attractive unit mix of one (1) 3bed, two (2) 2bed, seventeen (17) spacious 1bed, and six (6) studio units. Each unit is large and functional with upgrades throughout. Each unit has, new kitchen (quartz countertops, new modern kitchen cabinets, new range oven), new bathroom (new tub, new vanity cabinets), in-unit washer and dryer, new lighting fixtures, windows, A/C in living room and each bedroom. The building has secured entrance with gated parking and security camera system installed. The property is separately metered for electricity. Soft-Story Retrofitting Completed. Owner also just got permits to add two (2) 700 SF ADU's in the back of the property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/136284424
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2033 N Beachwood Drive Los Angeles (City), CA 90068

  • Price: $12,500,000
  • Status: Active
  • On Site: 131 Days
  • ID#: 23234309
25
Beds
0
Baths
0
½ Baths
0.47
Acres
20,750
SQFT
$602
$/SQFT
1953
Built
Neighborhood:
C30 - Hollywood Hills East
County:
Los Angeles
Area:
C30 - Hollywood Hills East
Property Description
2033 North Beachwood Apartments. Offering investors, a once in a lifetime opportunity to purchase a 27-unit remodeled apartment building located in the prestigious Hollywood Hills neighborhood surrounded by multimillion-dollar homes and breathtaking views. A short distance to Beachwood Caf and the Hollywood Sign. The property has been upgraded in 2022 (plumbing, electrical, landscaping, paint throughout, windows, etc.) It offers an attractive unit mix of one (1) 3bed, two (2) 2bed, seventeen (17) spacious 1bed, and six (6) studio units. Each unit is large and functional with upgrades throughout. Each unit has, new kitchen (quartz countertops, new modern kitchen cabinets, new range oven), new bathroom (new tub, new vanity cabinets), in-unit washer and dryer, new lighting fixtures, windows, A/C in living room and each bedroom. The building has secured entrance with gated parking and security camera system installed. The property is separately metered for electricity. Soft-Story Retrofitting Completed. Owner also just got permits to add two (2) 700 SF ADU's in the back of the property.
Exterior Features

Parking Features Assigned Parking Total 20

Interior Features

Appliances RefrigeratorDryerWasher Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.05 Gross Income 758580 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 506148 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 3 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Paul Schon of St Realty, Inc (424-245-8438)