2649 N Beachwood Dr - Apartments FOR SALE


Los Angeles, CA 90068- Hollywood Hills
$2,199,000 USD
424-317-0308
2649 N Beachwood Dr, Los Angeles, CA for Sale
$2,199,000 USD
Apartments - FOR SALE
1/12
null | 4.46% Cap Rate

2649 N Beachwood Dr
Los Angeles, CA 90068
Hollywood Hills


HIGHLIGHTS

  • Exceptional location with established and expanding rental demand
  • Significant rental upside
  • Property sits on a corner lot on Glen Oak St and Beachwood Dr (Great Exposure)
  • Combination of lifestyle perks, premium local amenities and steady price growth
  • Great unit mix with spacious floorplans. Fantastic walkability

OVERVIEW

Property Overview: 2649 N Beachwood is a 6-unit apartment building consisting of (4) two-bedroom, one-bath and (2) one-bedroom, one-bath units. Spacious layouts with plenty of natural light. Some of the recent improvements include resurfaced landings, cement walkways in the back of the property, new patio for the back bottom unit, and new exterior fence and secured entry gates. Location Highlights: 2649 N Beachwood Dr sits in the heart of Beachwood Canyon, a historic Hollywood Hills enclave known for its 1920s “Hollywoodland” character, winding roads, and scenic views of the Hollywood Sign. Within a half-mile you’ll find local favorites like Beachwood Market, a neighborhood grocery, and Beachwood Café, a stylish spot for casual dining. The area is also rich in outdoor recreation, with access to the Hollywoodland and Beachwood Canyon staircases, scenic walking loops, and trail connections toward Mount Lee. Offering a mix of charm, history, and hillside tranquility, the neighborhood blends convenience with a secluded, village-like atmosphere. Tenants will certainly enjoy the Hollywood Hills as their backyard playground.

FOR SALE DETAILS

PRICE

$2,199,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

6

PRICE/UNIT

$366,500

CAP RATE

4.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,911 SF

ZONING

LARD2

APN/PARCEL ID

5585-005-016

ASK ABOUT THIS PROPERTY

Rick RamirezAlly Commercial Real EstateMore Info
424-317-0308

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Rick RamirezAlly Commercial Real EstateMore Info
424-317-0308

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