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2130 N Beachwood Dr Los Angeles, CA 90068

$3,800,000 Sold Price as of 05/05/2020

18 Beds
18 Baths
-- Sq.Ft.

Sold

$3,800,000 Sold Price as of 05/05/2020 Refinance Your Mortgage

Map preview of 2130 N Beachwood Dr, Los Angeles, CA 90068

Property Overview: 2130 N Beachwood Dr Los Angeles, CA has 18 bedrooms, 18 bathrooms, -- living square feet and 10,863 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Exceptional buy in today's environment. 12 well-maintained units on North Beachwood Drive in the Hollywood Hills. Estimated to be minimally a 4.8-5.1 CAP on current rents. 8-1 bdrm, 1BA units, 2-2 bdrm, 2 BA units and 2-3 bdrm, 3 BA units. Soft story retrofit currently being completed by the owner. 16 parking spaces. Separately metered, all-electric building, central gas water heater, laundry room. This is a Trust Sale, NOT subject to court approval but being sold as-is with the Trustee having very limited financial information. Buyer will be expected to comply with all City required retrofit requirements (smoke and carbon dioxide detectors, water conservation, seismic gas shut-off valves, etc,) if necessary, after the close of escrow. All current expenses have been estimated based upon 2018 expenses. Access and interior viewing will be extremely limited. Please do not call for an OM as one is not available. Experienced investors know what to expect.

Listed by Lane Aronson | BRE #00681193 | Berkshire Hathaway HomeServices California

Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft: 10,863
HOA Dues: $0/mo
Year built: 1967
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20568164
City: Los Angeles
County: Los Angeles
Time on Site: 1345 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 12
Total # of Buildings: 1
# of Electric Meters: 13
# of Gas Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 3
Furnishing: Unfurnished
Actual Rent: $3,322
Total Rent: $3,322
Pro Forma/Market Rent: $3,500

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $2,000

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,545
Total Rent: $1,545
Pro Forma/Market Rent: $2,000

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,184
Total Rent: $1,184
Pro Forma/Market Rent: $2,000

Unit Breakdown 5

# of Units: 1
# of Beds: 3
# of Baths: 3
Furnishing: Unfurnished
Actual Rent: $3,295
Total Rent: $3,295
Pro Forma/Market Rent: $3,500

Unit Breakdown 6

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,700
Total Rent: $2,700
Pro Forma/Market Rent: $2,959

Unit Breakdown 7

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $1,961
Total Rent: $1,961
Pro Forma/Market Rent: $2,950

Unit Breakdown 8

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $2,000

Unit Breakdown 9

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,565
Total Rent: $1,565
Pro Forma/Market Rent: $2,000

Unit Breakdown 10

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,900
Total Rent: $1,900
Pro Forma/Market Rent: $2,000

Unit Breakdown 11

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,105
Total Rent: $1,105
Pro Forma/Market Rent: $2,000

Unit Breakdown 12

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,750
Total Rent: $1,750
Pro Forma/Market Rent: $2,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 13.17
Gross Scheduled Income: $288,144
Net Operating Income: $183,670
Gross Operating Income: $282,381
Laundry Income: $85

Annual Expense Breakdown

Total Operating Expense: --
New Taxes: $47,400
Trash: $7,200
Insurance: $6,500
Maintenance: $5,400
Water/Sewer: $10,000
Other Expenses: $5,763

Property Details for 2130 N Beachwood Dr

Interior Features

Heating Information

Has Heating
Radiant

Lot Details / Garage and Parking

Parking/Garage Information

# of Parking Spaces: 16
Has Parking
Parking Features: Assigned, Attached Carport

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 12
Parcel Number: 5586011016

Location / Neighborhood

Location Information

Directions: Take Beachwood Drive North above Franklin Ave.

View more facts & features

Local Los Angeles Agent

Sale History for 2130 N Beachwood Dr

Last sold for $4,600,000 on October 5th, 2020

October, 2020
Oct 5, 2020

Date

Sold (Public Records)

Public Records

$4,600,000

Price
August, 2020
Aug 21, 2020

Date

Canceled

CRMLS: 20610244

$4,750,000

Price
Jul 30, 2020

Date

Active

CRMLS: 20610244

$4,750,000

Price
Listing provided courtesy of CRMLS
May, 2020
May 5, 2020

Date

Sold

CRMLS: 20568164

$3,800,000

Price
Apr 10, 2020

Date

Pending

CRMLS: 20568164

$3,795,000

Price
Apr 1, 2020

Date

Active

CRMLS: 20568164

$3,795,000

Price
May, 2020
May 5, 2020

Date

Sold (Public Records)

Public Records

$3,800,000

Price

Tax History for 2130 N Beachwood Dr

Assessed Value (2020): $383,731

Year	Land Value	Improved Value	Assessed Value
2020	$112,739	$270,992	$383,731

Home Value Compared to the Market

This property vs the competition

2130 N Beachwood Dr sold on May 5, 2020 for 238.84% higher than the current median sold price for the city of Los Angeles which is $1,120,000.

About 2130 N Beachwood Dr

Detailed summary of property

2130 N Beachwood Dr is a multi family that recently sold in Los Angeles, CA 90068. This multi family property offered 18 bedrooms, 18 bathrooms, roughly -- living square feet, and sits on an approximately 10,863 square foot lot. 2130 N Beachwood Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,800,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 238.84% higher than the current median priced home. Local homes that are currently for sale include 724 N Kingsley Dr, 634 N Kingsley Dr and 639 N Alexandria Ave. While the average home in Los Angeles, CA is selling in 106 days, 2130 N Beachwood Dr has a days on market of 9 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2130 N Beachwood Dr Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2130 N Beachwood Dr

Public county record property details

Beds: 18
Baths: 18
Year built: 1967
Sq. Ft.: 10,948
Lot Size: 10,863
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 32,33
APN: 5586-011-016

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,250,000

Median List Price/Sq.Ft.

$858

Median Sold Price

$1,720,000

Median Sold Price/Sq.Ft.

$766

Total Inventory

191

Median Sale to List Price %

98.29%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (4%), Cash (4%), Other (16%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.