Bought with Datashare CR Don't Delete Default Agent • Datashare CR Default Office Don't Delete
$4,000,000
$4,295,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
2142 N Beachwood Drive Hollywood (los Angeles), CA 90068
9,658 SqFt
Key Details
Sold Price $4,000,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,658 sqft
Price per Sqft $414
MLS Listing ID CROC21092903
Sold Date 08/18/21
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1955
Lot Size 10,865 Sqft
Property Sub-Type Other
Property Description
We are pleased to offer for sale a 16-unit apartment community located at 2142 North Beachwood Drive in Hollywood Hills. This property represents a rare opportunity to acquire a mid-size multifamily asset in one of the most sought-after submarkets in Los Angeles County. Exceptional buy in today's environment. The subject property is considered well-located for its current use. It lies within a diverse district that includes multi-family as well as commercial development and has several major transportation corridors nearby. Although residential construction in the subject’s neighborhood has been limited in recent years, the population is projected to continue to grow at a steady pace in the future. Recent improvements include new painting and landscaping, significant electrical upgrades, earthquake retrofit (in progress). Also, a new roof was installed in 2019.
Location
State CA
County Los Angeles
Interior
Heating Space Heater
Cooling Wall/Window Unit(s)
Flooring Laminate, Carpet, Wood
Fireplace No
Laundry Other
Exterior
View None
Handicap Access Other
Building
Lot Description Level, Other
Water Public
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