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Image 1 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

Image 2 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

Image 3 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

Image 4 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

Image 5 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

Image 6 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

Image 7 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

Image 8 - 1140 N Beachwood Dr, Los Angeles, California, 90038 - Townhouse for sale

N Beachwood Dr, Los Angeles, Home For Sale

1140 N Beachwood Dr, Los Angeles, California, 90038

N Beachwood Dr, Los Angeles, Home For Sale

townhouse for sale

3 views

Listed: 07/13/24

1140 N Beachwood Dr, Los Angeles, California, 90038

2 Bed:

10 Bath:

5,343 Sq Ft Living Area:

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Price

$ 2,1M

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About This Townhouse

New Price! Amazing 10 Unit Income Property Opportunity! 5.7% In-Place Cap in Prime Hollywood Location! 10 Units for$2, 095, 000! We are pleased to exclusively offer for sale1140-42 N.Beachwood Drive, a 10 unit apartment building located in the heart of Hollywood's bustling studio district. Offered well below replacement cost at$209, 500per unit, 1140-42 N.Beachwood Drive offers a new owner a going in 5.7% cap and a12.3 GRMupon remodeling and re-leasing of the unit that will be delivered vacant. Situated on a6, 752 SFlot zoned R3, the property features a detached parking structure that could potentially be converted to ADU units (Buyer to verify number of ADUs possible). Some units have bee upgraded with new floors and appliances, 30% income upside … Full description

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Hollywood Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.