This Beautiful 1920s Fully Restored with Designer Touch and Taste Is the Perfect Investment for a Sophisticated Owner Occupier to Generate Income and Live the Hollywood Lifestyle. Live Comfortably in a Prime Hollywood Location on a PRIVATE Cul De Sac that Offers Tremendous Neighborhood Hollywood Hills Views. The Property features Mature Landscaping with Immense Privacy. It really is a Sanctuary. The Property offers (2) 3 Bedroom Units and a Studio. The Many Features/Upgrades include Refined Hardwood Floors, Fresh Paint, Fully Upgraded Kitchens, In Unit Laundry, Fireplaces, Central Air, Private Balconies/Patios, Abundant Parking + Garage. Ultra Prime Hollywood Locale with Convenience to Studios, Restaurants, and the Cities Best Hiking Trails. Per Seller: "Unit Mix: 2148 Beachwood Ter: 3 bed 1 bath (vacant), pro forma rent $4,250. 2146 Beachwood Ter: 3 bed 2 bath currently rented for $3,750 on a month to month Lease 2146 1/2 Beachwood Ter: studio (vacant), pro forma rent $1,800. Pro Forma GRM: 17.4.
Three spectacular lots together, total of 18.5 acres of land with Full Frontal Hollywood Lake View, Hollywood Sign View, Downtown LA, City Lights and Canyons Views, all together in one property make this vacant lot a jewel for developers. Excellent Location, next to Universal Studios, Hollywood's restaurants, mayor studios, NYK Film Institute, Main Chinese and Pantages Theater, New Netflix and Google Buildings Easy access to FWY 101, 134 FWY, FWY 5, 118 FWY, 170 FWY to move around Los Angeles. This lot offers a flat area with endless possibilities. APN LOT#1: 5577-016-001, APN LOT#2: 5577-016002, APN LOT#3: 5577-016-006.
We are proud to present this value add opportunity in Hollywood. The site consists of three adjacent parcels and is located just north of the 101 freeway. One of the units will be delivered vacant. A new Buyer may be able to obtain favorable financing options. The price breaks down to $190 per square foot of land. The property includes approved entitlements for 34 units.
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90068 has a population of 3,902,440. Los Angeles 90068 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90068 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90068 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.