1140 N Beachwood Dr
LOS ANGELES, CA 90038

Property

Ownership: For Sale
Bedrooms: 2 BR
Bathrooms: 10
Area: 6754 sq ft
Lot Size: 0.2 Acres

Financials

Price:$2,199,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Dana Brody

1140 N Beachwood Dr 2BR Hancock Park La

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.

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CLAW

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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.