2328 N Beachwood Dr - Multi-Family FOR SALE


Los Angeles, CA 90068- Hollywood Hills
$1,500,000 USD
310-270-8423
2328 N Beachwood Dr, Los Angeles, CA for Sale
$1,500,000 USD
Multi-Family - FOR SALE
1/27
null | 5.52% Cap Rate

2328 N Beachwood Dr
Los Angeles, CA 90068
Hollywood Hills


HIGHLIGHTS

  • RARE Beachwood Canyon Location situated in Hollywood Hills and adjacent to Outpost Estates & Whitley Heights
  • EXCELLENT unit mix consisting of Three 1 Bedroom /1 Bathroom & Two 2 Bedroom /1 Bathroom Units
  • TWO UNITS Being Delivered at the close of Escrow!
  • TREMENDOUS Value Add Investment Opportunity with 28% Upside in Market Rents
  • CLOSE proximity to a plethora of Fine Dining, Shopping, and Entertainment options
  • ADU Potential - Buyer to Verify

OVERVIEW

2328 N. Beachwood Drive is a five-unit multifamily property located in the highly desirable Beachwood Canyon neighborhood of Los Angeles, a premier hillside enclave known for its residential character and proximity to major cultural and employment hubs. The property is ideally situated just minutes from Hollywood, Los Feliz, and Griffith Park, with convenient access to Beachwood Village, local cafés and dining, and some of the city’s most popular hiking and outdoor recreation destinations, including trails leading toward the Hollywood Sign. This supply-constrained submarket benefits from consistently strong rental demand, limited new construction, and enduring appeal among renters seeking a balance of neighborhood atmosphere and urban connectivity. The location provides tenants with quick access to major thoroughfares, studios, and entertainment corridors, while maintaining the privacy and character that define Beachwood Canyon. The property consists of five residential units, including two 2-bedroom / 1-bath units and three 1-bedroom / 1-bath units, with two of the five units currently vacant, offering immediate value-add potential through lease-up. The remaining occupied units provide in-place income, while future turnover presents additional opportunities for rental upside over time. This asset is well suited for an investor seeking a combination of stable cash flow and long-term appreciation in a high-barrier-to-entry submarket. With a favorable unit mix, existing vacancy, and a premier Beachwood Canyon address, 2328 N. Beachwood Drive represents an attractive opportunity to acquire a multifamily property with clear upside potential in one of Los Angeles’ most iconic and consistently in-demand residential neighborhoods.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$375 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

5.52%

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LA-RD1.5

APN/PARCEL ID

5580-008-004

ASK ABOUT THIS PROPERTY

Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

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Michael MonempourLyon Stahl Investment Real EstateMore Info
310-270-8423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.