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Listed by Errol Spiro of Miller & Desatnik Realty Co.
The Beachwood Drive Residences are six bungalow units in a prime East Hollywood location. Two of the 1 BR + 1 Bath units will be delivered VACANT! The six units are in close proximity to the Sunset Gower Studios, Netflix headquarters and many other major entertainment and media companies offices. 1134-1138 N Beachwood Drive has an excellent unit mix with (5) of the units being 1 BR + 1 Bath and (1) of the units being a 2 BR + 1 Bath. The property was originally built in 1922 and the total rentable sq. ft. is approximately 2,546 sq. ft. The size of the lot is approximately 6,752 sq. ft. and it is zoned LAR3. The Seller's have agreed to CARRY FAVORABLE FINANCING! The exact terms and rates of the Seller carry back are open to negotiation. The property has a beautiful center courtyard and many of the the units have their own private back patio. The rents are below market creating a quintessential value-add opportunity for new ownership. The subject property has no onsite parking. Excellent opportunity to purchase a 6 unit multi-family asset in a prime and high rental demand area of Hollywood.

Property Details of 1134 N Beachwood Drive

Property Details

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Based on information submitted to CRMLS as of December 8, 2023 4:51 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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