Overview
- Multifamily
- Property Type
- 9
- Number of Units
- 5.07
- Cap Rate
- 12.80
- GRM
- $347,222
- Price/Unit
Description
DOUBLE LOT in Beachwood Canyon: 2608-2616 N. Beachwood Drive is located in prime Beachwood Canyon.
Located in historic Beachwood Canyon near the iconic Hollywood sign, a hidden gem with lots of trees and privacy.
The properties include an 8 Unit Apartment building and a 3+2 Single Family House, offering an investor true pride of ownership buildings and/or a development opportunity on a double lot with 13,883 total sq. ft. of land. The 3+2 house was one of the first built in Beachwood Canyon in 1919 and is a beautifully remodeled, updated Craftsman with an outside studio, gated entry and lovely grounds.
The 8 Unit building is remodeled, includes gated entry, modern amenities and hardwood floors. The unit mix consists of (2) 2+2 units, (6) 1+1 units and (1) 3+2 single family house.
Great access to Franklin Village, hiking trails, Hollywood, 101 freeway and movie studios. Centrally located and walking distance to Beachwood Market/Cafe and Restaurant Row. Ready for you to call home! 1 Assigned Parking underground with a gated entrance.
Details
- Property Type: Multifamily
- Property Status: Sold
- Property Size: 7,541 Sq Ft
- Lot Size: 13,939 Sq Ft
- Bedrooms: 13
- Bathrooms: 12
- Year Built: 1919
- Price: $3,125,000
- Number of Units: 9
- Price/Unit: $347,222
- GRM: 12.80
- Price/SqFt: $414
- CAP: 5.07
Address
Open on Google Maps- Address 2616 N Beachwood Dr
- City Los Angeles
- State/county California
- Zip/Postal Code 90068
- Area Hollywood Hills
