$2,995,000

Estimated payment $18,952/month

Total Views 589
6 Beds
5 Baths
7,502 Sq Ft
$399 Price per Sq Ft

Highlights

  • Wood Flooring
  • Hiking Trails
  • Laundry Room
  • No HOA
  • 5 Car Direct Access Garage
  • Mountainous Community

About This Home

Prime Income Property on N. Beachwood Drive | Steps from the Hollywood Sign
Rare chance to own on one of LA’s most coveted streets! This unique property features two buildings on the same parcel with a shared driveway and five one-car garages with storage. The front building, vintage four updated 1-bedroom, 1-bath units of approximately 1,000 sq. ft. each, complete with hardwood floors, in-unit washer/dryers, and private entrances. These units are in high demand with a history of NO VACANCIES often renting before they even hit the market. Behind it sits a spacious two-story, 2-bedroom, 1-bath home of about 2,200 sq. ft., featuring a basement with laundry, a side enclosed patio, a rear patio with hillside steps, and a private path leading to sweeping views of the iconic Hollywood Sign. Always fully occupied, this property has historic charm, strong rental demand, and Beachwood Canyon location. Tenant occupied and do not disturb tenants. Drive by only.

Listing Agent

Lisa Jorgensen

Magellan Capital Group & Assoc. Brokerage Phone: 310-554-9555 License #02120846 Listed on: 09/08/2025

Magellan Capital Group & Assoc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 7,502 Sq Ft Lot
  • Property is zoned LARD2

Parking

  • 5 Car Direct Access Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Off-Street Parking

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 7,502 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 1504
  • Assessor Parcel Number 5580003026
  • $1,313 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Mountainous Community

Recreation

  • Hiking Trails

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Price Per Unit: 599000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 3600.00
  • Zoning: LARD2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5580003026
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: Two, Multi/Split
  • Price Per Square Foot: 399.23

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Combination, Off Street
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Baseboard
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 1000 Square Feet
  • Average2 Bed Area: 2000 Square Feet
  • Gross Income: 220212.00
  • Gross Scheduled Income: 18351.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 7502.0000 Square Feet
  • Net Operating Income: 13351.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Dishwasher: 5
  • Number With Disposal: 5
  • Number With Patio: 1
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Actual Rent: 18351.00
  • Total Expenses: 9560.00

Tax Info

  • Tax Census Tract: 1894.00
  • Tax Lot: 74
  • Tax Tract Number: 1504
  • TaxOtherAnnualAssessmentAmount: 1313.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $2,995,000 0.0% $399 / Sq Ft
01/01/2024 01/01/24 Rented $5,800 0.0% --
12/19/2023 12/19/23 Under Contract -- -- --
12/18/2023 12/18/23 For Rent $5,800 +3.6% --
12/05/2022 12/05/22 Rented $5,600 0.0% --
11/18/2022 11/18/22 Under Contract -- -- --
10/22/2022 10/22/22 For Rent $5,600 +7.7% --
09/07/2021 09/07/21 Rented $5,200 -5.4% --
09/03/2021 09/03/21 Under Contract -- -- --
08/31/2021 08/31/21 Price Changed $5,499 -6.8% $2 / Sq Ft
08/21/2021 08/21/21 Price Changed $5,900 -9.2% $2 / Sq Ft
08/05/2021 08/05/21 For Rent $6,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25201494

California Regional Multiple Listing Service (CRMLS)