1226 Smithwood Drive

Los Angeles, CA 90035

$2,289,000
Price
8
Beds
5
Baths
5,656 Sq. Ft.
$405 / Sq. Ft.
5,656
Sq. Ft.
$405
per Sq. Ft.

Description

Pristine 1931 Spanish 4-plex rarely available in prime Beverlywood locale. This stunning income property is bursting with light and an abundance of original details including large picture windows, French doors, Juliet balconies, formal dining room, gorgeous archways, gleaming hardwood floors, faux fireplace in living room, high ceilings, charming vintage kitchen, and much much more. These oversized 2BR/1BA bedroom units are desirably spacious and boast ample closet space, central air and heat, laundry...Pristine 1931 Spanish 4-plex rarely available in prime Beverlywood locale. This stunning income property is bursting with light and an abundance of original details including large picture windows, French doors, Juliet balconies, formal dining room, gorgeous archways, gleaming hardwood floors, faux fireplace in living room, high ceilings, charming vintage kitchen, and much much more. These oversized 2BR/1BA bedroom units are desirably spacious and boast ample closet space, central air and heat, laundry hook-ups, and beautifully renovated full baths with separate shower and tub. Detached one car garages for each unit in the rear, permit parking available on street, and small exterior common area in back ideal for growing some herbs and veggies. Beverly Hills adjacent and walking distance to fabulous restaurants and shopping including Avalon Hotel, The Coffee Bean, Factor's Deli, Matu, Maude and much more. This is a terrific income property! 1220 Smithwood is being sold in conjunction with 1226 Smithwood next door - owner prefers to sell both buildings simultaneously at a total asking price of $4,388,000 for both buildings ($2.099M for 1220 Smithwood and $2.289M for 1226 Smithwood). Properties are tenant-occupied and being sold subject to tenant's current lease agreements. Please do not disturb occupants.
  1. Listed by John Kostrey • DRE #01729039 • Brokerage DRE #01703618 • Nourmand & Associates-HW
  2. Listed by Jennifer Eckert • DRE #01512045 • Brokerage DRE #01703618 • Nourmand & Associates-HW

Property Details for 1226 Smithwood Drive

Zoning
LAR3
Parcel Number
4330026018
Total Units
4.0
Living Area
5656
Source Living Area
Vendor Enhanced
Area
Beverlywood Vicinity (C09)
Vacancy Rate
0
Lot Size Area
6604
LISTING UPDATED: 12/12/2024 12:01 AM

Property Details for 1226 Smithwood Drive

StatusActive
MLS #24-469315
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1931
Lot Size0.15 AC / 6,604 SF
CountyLos Angeles County

Building Information for 1226 Smithwood Drive

Stories2Residences-Year Built1931Building Size-Lot Size0.15 AC / 6,604 SF

Property Information for 1226 Smithwood Drive

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Multi-Unit
Contract Info
Contract Info
  • Disclosures: As Is, Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $117,876
  • Net Operating Income: $103,956.00
  • Gross Income: $117,876
  • Gross Rent Multiplier: $19.41
  • Total Annual Expense: 13920
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1516
  • Lot Size Square Feet: 6604
Parking Details
Parking Details
  • Parking Garage: Detached, Garage Is Detached
  • Total Parking: 4
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Built-Ins, Range/Oven, Refrigerator, Washer, Dryer
  • Common Walls: Attached
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 12-04-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,016.00
  • Unit Actual Rent: $3,016.00
  • Unit Projected Rent: $3,450.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,357.00
  • Unit Actual Rent: $3,357.00
  • Unit Projected Rent: $3,450.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,450.00
  • Unit Actual Rent: $3,450.00
  • Unit Projected Rent: $3,450.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $126,050.00
  • Assessed Improvement Percent: 48.95
  • Assessed Land Value: $131,463.00
  • Assessed Land Percent: 51.05
  • Assessed Total Value: $257,513.00

Property History for 1226 Smithwood Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1226 Smithwood Drive

Taxable ValueLand$134,092Additions$128,571Total$262,663
Tax Record2024$3,857 ($321 / month)
Home Facts
Total Finished SqFt5,656 SqFtAbove Grade Finished SqFt5,656 SqFtLot Size6,602 SqFtStyleQuadraplexYear Built1931ZoningLAR3CountyLOS ANGELESAPN4330-026-018

Schools near 1226 Smithwood Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Canfield Avenue Elementary School
PublicK to 5

Palms Middle School
Public6 to 8

Alexander Hamilton Senior High School
Public9 to 12

Cheviot Hills Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1226 Smithwood Drive is a multi-family home for sale in Los Angeles, CA 90035. This property was listed for sale on December 4, 2024 by Nourmand & Associates-HW, it's currently listed at $2,289,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Canfield Avenue Elementary School, Palms Middle School and Alexander Hamilton Senior High School. 1226 Smithwood Drive is a 8-bed, 5-bath, 5,656 sqft multi-family home built in 1931.

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 Nourmand & Associates-HW, John Kostrey, DRE #01729039; Nourmand & Associates-HW, Jennifer Eckert, DRE #01512045

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.