2447 N Beachwood Dr, Los Angeles, CA 90068
PENDING0.28 ACRES

2447 N Beachwood Dr
Los Angeles, CA 90068

Hollywood Hills
  • 25 Beds
  • 25 Baths
  • 20,222 sqft (on 0.28 acres)
  • 25 Beds
  • 25 Baths
  • 20,222 sqft (on 0.28 acres)

$5,750,000

Est. Mortgage $36,609/mo*
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Local Information

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Description

7 of 14 UNITS VACANT! We are pleased to present the opportunity to acquire a highly unique 14-unit apartment building in the renown and sought-after Beachwood Canyon neighborhood of Hollywood, CA. 2449 N Beachwood Dr was built in 1968 with many classic mid-century elements including wet bars, fireplaces, 2-story layouts and jack-and-jill bathrooms. The building sits under the shadow of the world-famous Hollywood sign and is only a short walk from neighborhood staples like the Beachwood Cafe and Beachwood Market. 11 of the 14 units are 2-story townhouse style featuring 2 bedrooms and 1-1/2 bathrooms with an average size of 1400 square feet. There is on-site laundry, parking for 18 vehicles and the building has controlled access. The roof was recently replaced with permits and the soft story retrofit has been completed with a certificate of compliance issued by the city. A total of 7 currently vacant units makes this a particularly compelling opportunity as it allows a buyer to immediately renovate and lease up half of the building's units at market rents. Recently renovated 2-bedroom units in 1960s construction buildings further south on Beachwood are renting for $4200. Those are smaller, single-level units. The tremendous rental upside potential of Beachwood Canyon is due in large part to the area's popularity and reputation among out-of-state transplants willing to pay sizable rents for well-appointed units on the venerable street. 2449 N Beachwood offers an astute investor the immediate opportunity to create a high-luxury, midcentury gem in one of the most desirable submarkets in the city.

Home Highlights

Parking
Carport
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$284
Listed
55 days ago

Home Details for 2447 N Beachwood Dr

Interior Features

Beds & Baths
Number of Bedrooms: 25Number of Bathrooms: 25
Dimensions and Layout
Living Area: 20222 Square Feet
Heating & Cooling
Heating: RadiantHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or More

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Has a CarportNo GarageNo Attached GarageParking Spaces: 18Parking: Carport

Days on Market

Days on Market: 55

Property Information

Year Built
Year Built: 1968
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $5,750,000Price Per Sqft: $284
Status Change & Dates
Off Market Date: Thu Mar 21 2024

Active Status

MLS Status: Pending

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-364579

Building

Building Area
Building Area: 20222 Square Feet

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 1.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-364579
Last check for updates: 1 day ago
Listing courtesy of Robert Renshaw DRE # 01332831, (424) 293-4770
REMAX COMMERCIAL & INVESTMENT REALTY, (310) 802-2500
Source: CLAW, MLS#24-364579

Price History for 2447 N Beachwood Dr

DatePriceEventSource
04/19/2024$5,750,000PendingCLAW #24-364579
03/22/2024$5,750,000ContingentCLAW #24-364579
03/04/2024$5,750,000Listed For SaleCLAW #24-364579

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Neighborhood Overview

Hollywood Hills
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Hollywood Hills

  • Trulia User
    "It’s like its own thing. There’s a million things in and around it. It’s one of the few areas in LA that justifies the cost of living somehow "
    6
    Flag
  • Trulia User
    "It’s beautiful and quiet, you are close to everything but the mountains and valleys make it feel small and neighborly "
    1
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  • Trulia User
    "Absolute love it. Best of both Hollywood worlds! My home clears my head before I head down to the craziness for another run lol"
    1
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  • Trulia User
    "The hills and hiking opportunities are nice. Dog owners w small dogs must beware of coyotes. Nice neighborhood "
    1
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  • Everyday C.
    ""Dogs are a normal part of our neighborhood, much watch out for coyotes. Need to keep cats indoors. ""
    1
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  • Trulia User
    "Almost everyone here is a dog owner so lots of friendly dogs. Sometimes the side walks could be dirty if the owners didn’t clean after. "
    0
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  • Trulia User
    "101 has lots of traffic hard to get out of this area but decent apartments if you find a gem. A lot of trouble finding parking"
    2
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  • Trulia User
    "Like any neighborhood, there’s creepy people and you have to parent. I’m not sure if I’d let my kids wander around in any neighborhood these days. But, overall I think it’s a great neighborhood."
    3
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  • Trulia User
    "An adulterous wonderland very private community of schoolars, gifted, fully evolved master pieces. Lovely designs opportunity and offered services for new comers and old timers alike. veey welcoming into community acrivities and open door 🚪events. Full of spirited women and adventureous men who prefer to leave their loved ones home for hiking with buddies while the lady of the estate attends her own demanding pursuits of luring theatrics and artistic people experiencing robust blooming channels of jaw droping socks off toe curling majestics"
    0
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  • Trulia User
    "The graffiti on the highway can be surprisingly well curated. City crews paint over the bridge consistently ensuring variety."
    9
    Flag
  • Trulia User
    "Location to Hollywood Walk of Fame and transportation. Close to the freeway. Easy to get into Center of Hollywood."
    1
    Flag
  • Trulia User
    "It is a very dog friendly neighborhood. Dogs are expected to be leashed and well behaved. We have a lot of coyotes roaming around. Be careful with smaller dogs"
    0
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  • Trulia User
    "close to Griffith Park, a lots of friendly trails to hike with family and children, and nearby grocery stores "
    0
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  • Trulia User
    "I drive to work. about 8-13 min depending on traffic. Barham Blvd can be pretty hectic. The lights can take a while to turn and cars pile up. some commuters to down town to the valley area cut through here sometimes, you feel it at peak hour. "
    0
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  • Trulia User
    "I only needed to commute to school in Ventura or to visit my folks in Apple Valley, generally the access to freeways is great, but of course traffic is often and brutal."
    0
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  • Trulia User
    "Safe environment great neighbors and more everything isjust delightful I havent had any complaints or reasons to complain yet"
    0
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  • Trulia User
    "Dog owners can feel safe walking there dog around and there is also a gated park on Cherokee street after sunset that dogs can play in there"
    0
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  • Trulia User
    "They’d love the hiking trials and Parks for dogs. It’s also a great environment for ex Ericisintsing and local businesses "
    0
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  • Trulia User
    "This is a very dog friendly neighborhood with multiple dog walkers passing by our house several times an hour."
    0
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  • Trulia User
    "Close to everything, but feels private a tranquil. Nice views and friendly neighbourhood. I’ve lived here for 5 years"
    0
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  • Trulia User
    "Everyone knows each other, local restaurants, sunset plaza has events all through the he year, good public school"
    0
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  • KM
    "Close to all of the excitement of Hollywood but completely removed in a quiet oasis in the Hills with plenty of private, open space."
    24
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  • Daniel T.
    "History is tantamount . This IS Hollywood ! Location is next in line — we are above the smog and dirt . We are walkable and close to the freeways. "
    9
    Flag
  • Yvonne0814
    "Quit street Everyone calls each other when there is a issue. Gated neighborhood with surveillance Very peaceful "
    1
    Flag
  • Yvonne0814
    "Very elevated fantastic neighborhood with many celebrities living here. Very quiet Wildlife around and very private. Close to the city but a different world "
    6
    Flag
  • Craig D. E. F.
    "No sidewalks on many streets and coyotes out at night so you have to watch out for small pets. Nice and quiet area"
    4
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  • Bxdunphey
    "Quiet but cool and tolerates you’re partying from time to time It’s got famous in the right mild degree"
    22
    Flag
  • John
    "Strong community neighborhood association is a major benefit of living here plus enforcement of restrictions on construction noise"
    2
    Flag
  • Kfoster59
    "There are no sidewalks, and the streets are hard to drive with a lot of blind corners. Beware, someone might steal your packages from your front door. "
    1
    Flag
  • Joshhua R.
    "Traffic on Macapa Dr is heavy, parking only allowed on one side make the cul-de-sac a safety issue. Neighbors are kind and TV shows/commercials are often apart of the neighborhood. 😇💯"
    4
    Flag
  • Fabien B.
    "Great parks and mountains for hiking , few good schools in the valley., pretty close to the 101 for a drive to the beach."
    3
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  • Matt S.
    "Easy access to the 101– pretty centrally located for an east side neighborhood. Northbound is better in the morning. Southbound always a pain towards downtown "
    3
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  • Bxdunphey
    "People look familiar and yet your not neighbor-observed While hip and clever, people here are invested in a secure and supportive calm for residences"
    13
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  • Guousa6
    "Very quiet and car driving only area! It’s the center of LA but mountains hills views making you forgot it’s in the city!"
    3
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  • Darren.roberts0
    "Nice place to live not my favorite............interesting, traffic stinks when there are events at the bowl"
    1
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  • Tatianka
    "Convenience, clean air, friendly people, nice neighbors, easy to walk everywhere, shops and grocery is around"
    16
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  • Marge B.
    "Hollywood bowl concert traffic causes major congestion. Close to the 101. Perfect for someone that goes to Hollywood and the valley often. Narrow roads can cause accidents "
    5
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  • Yvonne0814
    "Wonderful quiet neighborhood Great stores and shopping near by Convenient access to freeways...."
    3
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  • Edshortess
    "This neighborhood has very easy access to the 101, 5 and 134 freeways. Also, just minutes from Universal, Warner Bros and Disney Studios. Commute to downtown is approximately 40 min. During rush hour."
    2
    Flag
  • Adrianna D.
    "nice area however no side walks or places to park though. and some area hard to Maneuver or turn around."
    1
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LGBTQ Local Legal Protections

Robert Renshaw, REMAX COMMERCIAL & INVESTMENT REALTY
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2447 N Beachwood Dr, Los Angeles, CA 90068 is a 25 bedroom, 25 bathroom, 20,222 sqft multi-family built in 1968. 2447 N Beachwood Dr is located in Hollywood Hills, Los Angeles. This property is currently available for sale and was listed by CLAW on Mar 4, 2024. The MLS # for this home is MLS# 24-364579.