1140 N Beachwood Dr , Los Angeles, CA 90038
$2,199,000
Est. Payment: $11,556.69/mo
1 Bed
2 Bath
5343 Sqft
0.16 Acres
Status: active | Days on site: 8
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CLW-X82132 - CLW-X85880
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House Description

Exceptional Hollywood value-add opportunity featuring a 10-unit multifamily property with six vacant units ready for renovation, offering investors the ability to execute a coordinated repositioning strategy and pursue increased rental income. Four occupied units provide existing income while renovations and lease-up are underway. The property is surrounded by significant new construction, including projects directly across the street and next door, reflecting substantial investment in the immediate neighborhood. Located near Echelon Studios Hollywood, a major studio and creative office development nearing completion, the property is positioned amid Hollywood's continued transformation and expanding entertainment infrastructure. With immediate renovation potential and significant development activity nearby, investors have the opportunity to create value through strategic improvements and a focused lease-up plan. Acquire, renovate, reposition, and capitalize on Hollywood's ongoing evolution. For investors seeking a hands-on multifamily opportunity, 1140 N. Beachwood Drive offers the combination of vacant-unit renovation potential, existing occupancy, and immediate neighborhood development. Acquire the asset, implement a disciplined renovation and lease-up strategy, and position the property to benefit from Hollywood's ongoing evolution.

Highlights

Listed by Dana Brody , 818-212-2757 Dana Brody , 818-212-2757. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1956

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26103437

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x135
Garage Capacity:0
Zoning:LAR3
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Detached Carport
Principal Interest
$11,557
Taxes
$1,402

Home Price

$2,199,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$439,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,556.69

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,556.69 $1,401.86 $0.00 $12,958.55
Yearly $138,680.30 $16,822.35 $0.00 $155,502.65
Total $4,160,409.01 $504,670.50 $0.00 $4,665,079.51

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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