2111 North Beachwood Drive

Los Angeles, CA 90068

$2,695,000
Price
8
Beds
6
Baths
5,020 Sq. Ft.
$537 / Sq. Ft.
5,020
Sq. Ft.
$537
per Sq. Ft.

Description

Tucked away from the street in historic Beachwood Canyon, nestled below the iconic Hollywood sign, lies a 4-unit Craftsman-style compound consisting of a triplex and a detached bungalow. Situated on an expansive private lot, each generously sized unit retains old-world charm while offering the modern amenities of today's living. A commanding front triplex offers alluring curb appeal, while the secluded vacant bungalow offers an investor the opportunity to achieve market rent immediately or a rare...Tucked away from the street in historic Beachwood Canyon, nestled below the iconic Hollywood sign, lies a 4-unit Craftsman-style compound consisting of a triplex and a detached bungalow. Situated on an expansive private lot, each generously sized unit retains old-world charm while offering the modern amenities of today's living. A commanding front triplex offers alluring curb appeal, while the secluded vacant bungalow offers an investor the opportunity to achieve market rent immediately or a rare opportunity for an owner-user to maintain their own private space while the occupied units help offset a mortgage. Upgrades over the years include renovated kitchens and bathrooms, plus the addition of central HVAC. Tenants of the community enjoy shared and private outdoor spaces, garage parking and W/D hookups. This rare offering is located within close proximity to Franklin Village, offering an array of shops and dining for tenants and owner-users. Fully occupied, the property generates $180,000/year, offering an excellent investment opportunity in one of Los Angeles' most prized locations.

Listing Agents

  1. Benjamin Kahle

    Benjamin Kahle

    Listing Agent

    Compass

    DRE #01951554

  2. James Harm

    James Harm

    Alternative Listing Agent

    Compass

    DRE #01909659

    jamesharm@compass.com

    P: (949)-870-2327

Property Details for 2111 North Beachwood Drive

Zoning
LAR3
Style
Craftsman
Parcel Number
5586009012
Total Units
4.0
Living Area
5020
Source Living Area
Vendor Enhanced
Area
Hollywood Hills East (C30)
Vacancy Rate
25%
LISTING UPDATED: 11/03/2024 12:01 AM

Property Details for 2111 North Beachwood Drive

StatusActive
MLS #24-456831
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.24 AC / 10,297 SF
CountyLos Angeles County

Building Information for 2111 North Beachwood Drive

Stories-Residences-Year Built1941Building Size-Lot Size0.24 AC / 10,297 SF

Property Information for 2111 North Beachwood Drive

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 4 unit
  • Security Features: Gated
  • Water: Public
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $50,165
  • Net Operating Income: $124,435.00
  • Gross Income: $174,600
  • Cap Rate: 4.60%
  • Gross Rent Multiplier: $14.97
  • Actual Rent Total: $180,000.00
  • Total Annual Expense: 50165
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2364
  • Lot Size Square Feet: 10297
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car, Garage Is Detached, Uncovered
  • Total Parking: 4
  • Open Other Spaces Total: 1
  • Garage Spaces Total: 3
  • Parking Features: Garage - Three Door, Uncovered
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Basement
  • Rooms: Basement
  • Levels: Two
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Built-Ins, Freezer, Garbage Disposal, Dryer, Range/Oven, Refrigerator, Washer, Gas Dryer Hookup, Hood Fan, Dishwasher, Microwave
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Roof: Shingle
  • New Construction: No
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-26-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $4,500.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,500.00
  • Unit Actual Rent: $4,500.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,428,000.00
  • Assessed Improvement Percent: 58.33
  • Assessed Land Value: $1,020,000.00
  • Assessed Land Percent: 41.67
  • Assessed Total Value: $2,448,000.00

Property History for 2111 North Beachwood 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 2111 North Beachwood Drive

Taxable ValueLand$1,040,400Additions$1,456,560Total$2,496,960
Tax Record2024$30,797 ($2,566 / month)
Home Facts
Total Finished SqFt5,020 SqFtAbove Grade Finished SqFt5,020 SqFtLot Size10,294 SqFtStyleQuadraplexYear Built1941ZoningLAR3CountyLOS ANGELESAPN5586-009-012

Schools near 2111 North Beachwood 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 - K to 5
Rating
School
Distance
Cheremoya Avenue Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Hollywood Senior High School
Public9 to 12

Selma Avenue Elementary School
PublicK to 5

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.

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2111 North Beachwood Drive is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on October 26, 2024 by Compass, it's currently listed at $2,695,000. It has been on the market for a total of 39 days and was last sold on September 15, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Cheremoya Avenue Elementary School, Joseph Le Conte Middle School and Hollywood Senior High School. 2111 North Beachwood Drive is a 8-bed, 6-bath, 5,020 sqft multi-family home built in 1941.

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 Compass, Benjamin Kahle, DRE #01951554; Compass, James Harm, DRE #01909659

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.