2620 N Beachwood Dr - Residential LAND FOR SALE


Los Angeles, CA 90068- Hollywood Hills7,518 SF
$1,395,000 USD
213-200-6957
2620 N Beachwood Dr, Los Angeles, CA for Sale
$1,395,000 USD
Residential LAND - FOR SALE
1/7
7,518 SF

2620 N Beachwood Dr
Los Angeles, CA 90068
Hollywood Hills


HIGHLIGHTS

  • Iconic high rent location
  • Financeable existing improvements
  • Clear and executable by right development potential

OVERVIEW

High up on Beachwood Drive in the shadow of the Hollywood Sign sits one of the most iconically-located multifamily zoned lots in the City of Los Angeles. The offering presents a rare opportunity to pursue multiple viable development strategies, allowing buyers to balance construction cost, unit size, and yield base on their specific investment approach. One potential redevelopment typology would be SFR & ADU + Duplex (the concept pictured on cover and outlined with greater detail herein under two retaining wall options). The existing SFR is owner occupied and will be delivered vacant at close of escrow. The sale includes APN “012” which is a dramatically sloped R1 lot directly adjacent/behind the subject.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/ACRE

$8,083,816/AC

PRICE/SF

$186 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Beachwood Residences Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.17 AC

LAND SF

7,517 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RD2-1XL

APN/PARCEL ID

5580-002-003,5580-002-012

ASK ABOUT THIS PROPERTY

Frank EvaniskoEvanisko Realty & Investment, Inc.More Info
213-200-6957

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Frank EvaniskoEvanisko Realty & Investment, Inc.More Info
213-200-6957

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