1222 Beachwood Drive

Los Angeles, CA 90038

$1,900,000
Price
6,752 / 0.16
Lot Size / Acres
a car parked in front of a house
a view of a living room and kitchen
a view of a balcony with yard
an aerial view of a house with outdoor space
a view of a city
an aerial view of multiple house
an aerial view of residential houses with city view
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Description

Prime Net Lease is pleased to present 1222 N Beachwood Dr, an exceptional residential development opportunity with RTI (ready-to-issue) permits in place, located in the highly coveted Hollywood 90038 zip code. The project is fully entitled, including a complete architectural set, schematics, and budgets (available upon request), and is approved for 8 Market Rate and 3 Low Income units. This modern 4-story development will feature 11 thoughtfully designed units with a well-balanced unit mix, and first-floor...Prime Net Lease is pleased to present 1222 N Beachwood Dr, an exceptional residential development opportunity with RTI (ready-to-issue) permits in place, located in the highly coveted Hollywood 90038 zip code. The project is fully entitled, including a complete architectural set, schematics, and budgets (available upon request), and is approved for 8 Market Rate and 3 Low Income units. This modern 4-story development will feature 11 thoughtfully designed units with a well-balanced unit mix, and first-floor parking with 14 vehicle spaces and 24 bicycle spaces (20 long-term and 4 short-term). With a total area of 11,107 square feet and 9,547 square feet of livable space, this opportunity appeals to a diverse range of tenants seeking to experience Hollywood's vibrant cultural scene. The 6,752-square-foot lot is zoned R3 and contains no existing structure, sparing investors the financial burden of tenant buy-outs or demolition. The property's location is rated as Very Walkable, with a Walk Score of 88. Located within an Opportunity Zone and designated as a TOC Tier 2 area, 1222 N Beachwood Dr offers strategic tax incentives (Buyer to verify) and increased density options that align with the city's vision for urban growth and housing.
  1. Listed by Paul Matusik • DRE #01351021 • Brokerage DRE #02143989 • Prime Desert Estates

Property Details for 1222 Beachwood Drive

Parking Spaces Total
0
Lot Size Source
Assessor
View
No
Association
Yes
Zoning
R-3
Subdivision Name
Not Applicable-1
Subdivision Name Other
Not Applicable-1
Senior Community
No
LISTING UPDATED: 11/12/2024 02:16 AM

Property Details for 1222 Beachwood Drive

StatusActive
MLS #219119775DA
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.16 AC
CountyLos Angeles

Building Information for 1222 Beachwood Drive

Lot Size0.16 AC

Property Information for 1222 Beachwood Drive

Community / Development
Community / Development
  • Assessments YN: Yes
Property / Structure Info
Land/Lot Info
  • Survey: Survey Done
  • Land Lease: No
  • Land Value: $.00
  • Water Well: No
Property / Structure Info
  • Personal Property Amount: $.00

Property History for 1222 Beachwood Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

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More information about 1222 Beachwood Drive, Los Angeles, CA 90038

1222 Beachwood Drive is a 0.16 ac of land for sale in Los Angeles, CA 90038. This property was listed for sale on November 12, 2024 by Prime Desert Estates, it's currently listed at $1,900,000. 1222 Beachwood Drive is a 0-bed, 0-bath, 0.16 ac of land on a 6,752 sq. ft. / 0.16 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime Desert Estates, Paul Matusik, DRE #01351021

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.