Los Angeles, CA 90068,2117 Beachwood TER
Los Angeles, CA 90068,2117 Beachwood TER
Los Angeles, CA 90068,2117 Beachwood TER
Los Angeles, CA 90068,2117 Beachwood TER
Los Angeles, CA 90068,2117 Beachwood TER
Los Angeles, CA 90068,2117 Beachwood TER
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Nick Resendez

Nick Resendez

+1(714) 271-2565
$ 4,945,000
Est. payment | /mo

15 Beds

17 Baths

7,514 SqFt

Save
$ 4,945,000
Est. payment | /mo
Save

15 Beds

17 Baths

7,514 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,514 sqft

Price per Sqft $658

MLS Listing ID 26632845

Bedrooms 15

HOA Y/N No

Year Built 2019

Lot Size 6,825 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C30 - Hollywood Hills East

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Built-In, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Carport

Pool None

Community Features Gated

View Y/N Yes

View Canyon, Hills

Total Parking Spaces 10

Private Pool No

Building

Lot Description Landscaped

Entry Level Three Or More,Multi/Split

Sewer Sewer Tap Paid

Architectural Style Contemporary

Level or Stories Three Or More, Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 5586011014

Security Features Fire Detection System,Fire Sprinkler System,Security Gate,Gated Community,Key Card Entry,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Tony Maduka Christie's International Real Estate SoCal

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Valley View Elementary

    Public | KG - 5

  • 9

    Citizens of the World Charter

    Public | KG - 8

  • 8

    Hancock Park Elementary

    Public | KG - 5

  • 8

    Melrose Avenue Elementary School

    Public | KG - 6

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 7

    Gardner Street Elementary

    Public | PK - 5

  • 7

    Cheremoya Avenue School

    Public | PK - 6

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 5

    Laurel School

    Public | KG - 8

  • 5

    Santa Monica Boulevard Community Charter

    Public | KG - 6

  • 5

    Harvard Elementary

    Public | KG - 5

  • 5

    Kingsley Elementary School

    Public | KG - 5

  • 5

    Frank Del Olmo Elementary School

    Public | KG - 5

Middle Schools 13
  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 4

    Joseph Le Conte Middle School

    Public | 6 - 8

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 1

    Apex Academy

    Public | 7 - 12

  • 0

    West Hollywood Opportunity

    Public | 7 - 12

  • 0

    Aviva High School

    Private | 7 - 12

  • 0

    The Episcopal School of los Angeles

    Private | 6 - 9

  • 0

    Marlborough School

    Private | 7 - 12

  • 0

    Richard A. Alonzo Community Day

    Public | 7 - 12

  • 0

    Immaculate Heart High School & Middle School

    Private | 6 - 12

High Schools 16
  • 8

    John Marshall High School

    Public | 9 - 12

  • 7

    Fairfax High School

    Public | 9 - 12

  • 7

    STEM Academy of Hollywood

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 5

    Hollywood High School

    Public | 9 - 12

  • 1

    Helen Bernstein High School

    Public | 9 - 12

  • 0

    Whitman Continuation

    Public | 9 - 12

  • 0

    Shaarei Torah California Rabbinical College

    Private | 9 - 12

  • 0

    Bais Yaakov School for Girls

    Private | 9 - 12

  • 0

    Yeshiva Ohr Elchonon Chabad - West Coast

    Private | 9 - 12

  • 0

    Bnos Devorah High School

    Private | 9 - 11

  • 0

    Providence High School

    Private | 9 - 12

  • 0

    Canyon Oaks School

    Private | 10 - 12

  • 0

    Soledad Enrichment Action Charter High School

    Public | 9 - 12

  • 0

    New Village Girls Academy

    Public | 9 - 12

School and business data provided by Attom Data.
Nick Resendez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 271-2565

nick.resendez@gmail.com

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2117 Beachwood TER