2117 Beachwood Terrace

Los Angeles, CA 90068
  • $4,945,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 7,514

    SqFt

About the Listing CLW-X8339101 - CLW-C143022

This is the kind of Los Angeles asset that rarely trades.Built in 2020 and positioned along the hillside streets of Beachwood Canyon with direct adjacency to Hollywood Hills, this five-unit, townhome-style multifamily portfolio offers a compelling blend of newer construction, durable location, and clear operational upside.The property comprises five individually designed townhome residences, each configured as a true three bedroom, three bathroom layout with private entry and contemporary finishes. The units live more like single-family homes than traditional apartments, a distinction that consistently supports stronger tenant demand, longer tenancy, and favorable long-term liquidity.Operational fundamentals are efficient and investor-friendly. All units are separately metered with tenants paying their own utilities. The property includes ten total parking spaces with two assigned per residence, along with EV charging already installed. There is no HOA. Newer construction minimizes near-term capital requirements and supports predictable operating performance.The value-add profile is straightforward and controllable. Two units are delivered vacant, allowing immediate lease-up at market rents. One unit is month-to-month, providing near-term rent reset potential. One unit is currently in the process of eviction, offering full rent repositioning upon resolution. Vacancies have been intentionally maintained to preserve flexibility for the next owner.Market rent projections are supported by square footage and achieved rents from comparable newer-construction townhome product in the immediate submarket. Stabilized performance aligns with a long-term hold strategy grounded in realistic underwriting rather than speculative assumptions.Beachwood Canyon remains one of the most supply-constrained rental pockets in Los Angeles, benefiting from proximity to studios, creative employment centers, and lifestyle amenities while seeing limited new multifamily development. Larger-format three-bedroom units continue to outperform in this location.This offering is well suited for 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 are typically held long term once stabilized.

Listing Highlights

Status Active
Days on Site 27
Property Type Multi-Family
MLS ® 26632845
Year Built 2019
Total Square Footage 7,514
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances: Built-In, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Landscaped,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 10
  • Lot Dimensions: 40x173
  • Zoning: LAR3
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Sewer Tap Paid
  • Parking Features: Assigned,Carport

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5586011014
  • Tax Year: N/A

Payment Calculator

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2117 Beachwood Terrace Los Angeles, CA 90068

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Originating MLS: CRMLS

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