For Sale Multi-Family MLS# 26103437

1140 N Beachwood Drive

Los Angeles, CA 90038

$2,199,000

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About 1140 N Beachwood Drive

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1956
Stories
2
Living area
5,343 sqft
Price / sqft
$412
Lot
0.1551
Original price
$2,199,000
MLS #
26103437

Interior

Heating
Forced Air

Exterior & lot

Features
Parking spaces: 0
Construction
2
Lot
LAR3
Parking
Detached Carport

Schools

District
Los Angeles Unified School District

Financial

Parcel
5534014019
Special conditions
Standard

Location

Area
C20 - Hollywood
County
Los Angeles
Neighborhood
Hollywood
Directions
Santa Monica Blvd to Beachwood, turn left

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Listed by Dana Brody, Dana Brody

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.