1140 N Beachwood Drive, Los Angeles, CA 90038

Local realty services provided by:ERA North Orange County Real Estate
1140 N Beachwood Drive,Los Angeles, CA 90038
$2,195,000
  • 2 Beds
  • 10 Baths
  • 5,343 sq. ft.
  • Multi-family
  • Active
Listed by: dana brody
Office: dana brody
MLS#:25597357
Source:CRMLS

Price summary

  • Price:$2,195,000
  • Price per sq. ft.:$410.82

About this home

7% Cap Upon Lease Up of 6 Vacant Units! We are very proud to exclusively present 1140 N. Beachwood Drive, a 10-unit multifamily property located in the heart of Hollywood's Studio District. Now priced at $2,195,000 this property offers an outstanding value-add opportunity in one of Los Angeles' most sought-after rental submarkets. Six of the ten units will be delivered vacant, allowing new ownership to immediately renovate and re-lease at top market rents upon close of escrow. Upon the immediate renovation and lease-up the 6 vacant units, the property is projected to achieve a 7.04% cap rate and 9.8 GRM, offering excellent cash flow and appreciation potential. Situated between Santa Monica Boulevard and Sunset Boulevard, 1140 N. Beachwood Drive benefits from its proximity to major employers such as Netflix, Sunset Gower Studios, and Sunset Bronson Studios, as well as a wave of surrounding new development. The property is located a very short distance from several popular dining and

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Home facts

  • Year built:1956
  • Listing ID #:25597357
  • Added:112 day(s) ago
  • Updated:December 22, 2025 at 06:27 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:10
  • Living area:5,343 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1956
  • Building area:5,343 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$2,195,000
  • Price per sq. ft.:$410.82
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