CA > Los Angeles
Los Angeles, CA 90068,2117 Beachwood TER
Los Angeles, CA 90068,2117 Beachwood TER
Los Angeles, CA 90068,2117 Beachwood TER
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$5,295,000
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15 Beds
17 Baths
7,514 SqFt
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2117 Beachwood TER Los Angeles, CA 90068

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,514 sqft

Price per Sqft $704

MLS Listing ID 26632845

Bedrooms 15

HOA Y/N No

Year Built 2019

Lot Size 6,825 Sqft

Property Description

This is the kind of Los Angeles asset that rarely changes hands. Built in 2020 and set into the hillside streets of Beachwood Canyon with direct adjacency to Hollywood Hills, this five-unit, townhome-style multifamily portfolio offers a clean combination of quality construction, durable location, and immediate operational upside.The property consists of five individually styled townhome residences, each configured as a true three bedroom, three bathroom layout with private entry and modern finishes. The homes live more like single-family residences than traditional apartments, a characteristic that consistently supports stronger tenant demand, longer tenancy, and favorable long-term liquidity.Operational fundamentals are straightforward and efficient. All units are separately metered with tenants paying their own utilities. Ten total parking spaces are provided with two assigned per residence, along with EV charging already installed. There is no HOA. Newer construction limits near-term capital exposure and supports predictable operating performance.The upside is tangible and controllable. Two units are delivered vacant, allowing immediate lease-up at market rents. One unit is month-to-month, creating near-term rent reset potential. One unit is currently in the process of eviction, providing full rent repositioning opportunity post-resolution. Vacancies have been intentionally maintained to preserve flexibility for the next owner.Market rent projections are based on square footage and achieved rents from comparable newer-construction townhome product in the immediate submarket. Stabilized performance supports a long-term hold strategy grounded in realistic underwriting rather than speculation.Beachwood Canyon remains one of the most supply-constrained rental pockets in Los Angeles, driven by proximity to studios, creative employment centers, and lifestyle amenities, while seeing limited new multifamily development. Larger three-bedroom units consistently perform well in this location.This offering will resonate most with a sophisticated small multifamily or 1031 exchange buyer prioritizing newer construction, capital preservation, and long-term hold quality, with upside driven by lease-up and rent stabilization.The property is offered as a single portfolio only. Seller has no interest in subdivision or condo conversion.An Offering Memorandum is available for download with additional financial and operating detail.Buyer to verify zoning, unit count, square footage, rent projections, and all information deemed material.Assets of this quality, scale, and location in 90068 are infrequently offered and typically held long term once stabilized.

Location

State CA

County Los Angeles

Area C30 - Hollywood Hills East

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Built-In, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Carport

Pool None

Community Features Gated

View Y/N Yes

View Canyon, Hills

Total Parking Spaces 10

Private Pool No

Building

Lot Description Landscaped

Entry Level Three Or More,Multi/Split

Sewer Sewer Tap Paid

Architectural Style Contemporary

Level or Stories Three Or More, Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 5586011014

Security Features Fire Detection System,Fire Sprinkler System,Security Gate,Gated Community,Key Card Entry,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Tony Maduka Christie's International Real Estate SoCal

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Modern Broker

Modern Broker

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2117 Beachwood TER

 
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