2320 N Beachwood Dr, Los Angeles, CA 90068
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2320 N Beachwood Dr Los Angeles, CA 90068

$2,090,000 Sold Price as of 05/25/2022
  • 5 Beds
  • 5 Baths
  • -- Sq.Ft.
Sold
$2,090,000 Sold Price as of 05/25/2022 Refinance Your Mortgage

Map preview of 2320 N Beachwood Dr, Los Angeles, CA 90068

Property Overview: 2320 N Beachwood Dr Los Angeles, CA has 5 bedrooms, 5 bathrooms, -- living square feet and 7,258 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2 BED/2 BATH UNIT IS VACANT. Don't miss this opportunity to own a piece of Hollywood history! This charming Spanish 4plex, consisting of 2 townhomes and a side-by-side duplex. Exquisite original details throughout- including French windows, hardwood floors, Spanish tiles, and elegant crown molding. Updated and in pristine condition. Tremendous pride of ownership shines through. Unique compound reminiscent of a by-gone era on a street to street lot. Offer memorandum can be found in the docs section. *Fireplaces being sold as decorative* **Property can be shown once POF/Pre-Approval letter is provided. Q**Broker/agents do not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of property provided by seller or obtained from public records.

Listed by Laura Cutrona | BRE #02004042 | Compass
Co-listed by Andrew R. Liberty | BRE #01965696 | Compass
Last checked: 9 minutes ago | Last updated: May 27th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,258
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22147203
City
Los Angeles
County
Los Angeles
Time on Site
760 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # 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 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,200
  • Total Rent: $4,200
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.42
  • Gross Scheduled Income: --
  • Net Operating Income: $97,091
  • Gross Operating Income: $134,442
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2320 N Beachwood Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Gravity
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Has View
  • Total # of Units: 4
  • Parcel Number: 5580008003
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: East of Gower. North of Franklin .
View more facts & features

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Sale History for 2320 N Beachwood Dr

Last sold for $2,090,000 on May 25th, 2022
  • May, 2022

  • May 25, 2022

    Date

    Sold

    CRMLS: 22147203

    $2,090,000

    Price

  • Apr 18, 2022

    Date

    Active

    CRMLS: 22147203

    $1,999,995

    Price

  • November, 2021

  • Nov 28, 2021

    Date

    Expired

    CRMLS: 21787888

    $2,298,000

    Price

  • Sep 24, 2021

    Date

    Active

    CRMLS: 21787888

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    2 BED/2 BATH UNIT TO BE DELIVERED VACANT W/ AN IMMEDIATE $1,600/MO UPSIDE IN RENT! Don't miss this opportunity to own a piece of Hollywood history! This charming Spanish 4plex, consisting of 2 townhomes and a side-by-side duplex. Exquisite original details throughout- including French windows, hardwood floors, Spanish tiles, and elegant crown molding. Updated and in pristine condition. Tremendous pride of ownership shines through. Unique compound reminiscent of a by-gone era on a street to street lot. The sale of the property will not be contingent upon the seller being able to procure estoppels from tenants. *Property is 100% tenant occupied and will be delivered with tenants in place. Projected $2,000/mo upside in rents. *On pro forma rents property is at a 4.3% CAP Rate and 16.22 GRM. * Contact LA1 for all showing requests. **Property can be shown once POF/Pre-Approval letter is provided. **

  • October, 2005

  • Oct 20, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,486,000

    Price

Show More

Tax History for 2320 N Beachwood Dr

Assessed Value (2020): $1,863,632
Year Land Value Improved Value Assessed Value
2020 $1,260,985 $602,647 $1,863,632

Home Value Compared to the Market

This property vs the competition

2320 N Beachwood Dr sold on May 25, 2022 for 68.07% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 2320 N Beachwood Dr

Detailed summary of property

2320 N Beachwood Dr is a multi family that recently sold in Los Angeles, CA 90068. This multi family property offered 5 bedrooms, 5 bathrooms, roughly -- living square feet, and sits on an approximately 7,258 square foot lot. 2320 N Beachwood Dr was first listed on ArdentRealEstateGroup.com on April 18, 2022. The homeowner sold the property for $2,090,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 68.07% higher than the current median priced home. Local homes that are currently for sale include 1425 N Normandie Ave, 1303 N Citrus Ave and 5418 Lemon Grove Ave. While the average home in Los Angeles, CA is selling in 94 days, 2320 N Beachwood Dr has a days on market of 10 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2320 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 2320 N Beachwood Dr

Public county record property details
Beds
5
Baths
4
Year built
1924
Sq. Ft.
3,268
Lot Size
7,258
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
5580-008-003

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
$2,195,000
Median List Price/Sq.Ft.
$869
Median Sold Price
$2,100,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
162
Median Sale to List Price %
112%
Avg Days on Market
31
Loan Type
Conventional (9.68%), FHA (3.23%), VA (0%), Cash (9.68%), Other (0%)

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Related Resources to 2320 N Beachwood Dr

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.