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2640 N Beachwood Dr, Los Angeles, CA 90068
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2640 N Beachwood Dr Los Angeles, CA 90068

$2,695,000
  • 24 Beds
  • 20 Baths
  • 6,120 Sq.Ft.
For Sale
$2,695,000 Get Pre-Qualified
Map preview of 2640 N Beachwood Dr, Los Angeles, CA 90068

Property Overview: 2640 N Beachwood Dr Los Angeles, CA has 24 bedrooms, 20 bathrooms, 6,120 living square feet and 8,264 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 2640 Beachwood Dr! This exceptional Hollywood Hills property offers a unique blend of historic charm and modern convenience, perfectly nestled in the heart of Beachwood Canyon. The front structure, built in 2005, consists of (3) townhome residences, whereas the rear structure is a well cared for, vintage two story single family home built in 1914. Blended together, these four residences provide warmth & character to the property's allure. Each residence is generously proportioned, offering spacious and well-appointed interiors spanning a total of 6,120 rentable square feet. Ample outdoor spaces provide the perfect backdrop for relaxation or entertainment, inviting residents to bask in the Southern California sun. Arriving at the property, one is greeted by a mesmerizing sight of the iconic Hollywood sign, standing tall and luminous, akin to a full moon in high definition. This enchanting view serves as a constant reminder of the property's prestigious location and Hollywood heritage. Conveniently situated near an array of beautiful hiking trails, residents have easy access to nature's splendor right at their doorstep. Additionally, the property's proximity to top Los Angeles restaurants, entertainment venues, and major freeways ensures a lifestyle of convenience and excitement. 2640 Beachwood Dr embodies the quintessential Hollywood Hills experience, offering a harmonious blend of historic charm, modern amenities, and unparalleled surroundings.

Listed by Glenn Brander | BRE #01020228 | Miller & Desatnik Realty Co.
Last checked: 16 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
8,264
HOA Dues
$0/mo
Year built
2005
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24385039
City
Los Angeles
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,467
  • Total Rent: $4,467
  • Pro Forma/Market Rent: $4,995
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,995
  • Total Rent: $4,995
  • Pro Forma/Market Rent: $4,995
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,995
  • Total Rent: $3,995
  • Pro Forma/Market Rent: $3,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.83%
  • Gross Rent Multiplier: 13.76
  • Gross Scheduled Income: --
  • Net Operating Income: $130,265
  • Gross Operating Income: $190,083
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2640 N Beachwood Dr

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door, Gated
Property Information
  • Total # of Units: 4
  • Parcel Number: 5580002006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Franklin, East of 101 Freeway
View more facts & features

Local Los Angeles Agent

Sale History for 2640 N Beachwood Dr

Last leased for $3,995 on November 12th, 2020

  • April, 2024

  • Apr 25, 2024

    Date

    Active

    CRMLS: 24385039

    $2,695,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: 23291355

    $2,825,000

    Price

  • Jul 16, 2023

    Date

    Active

    CRMLS: 23291355

    $3,250,000

    Price

  • Listing provided courtesy of CRMLS

    Pleased to present the opportunity to acquire 2640 N Beachwood Dr., a 4-unit investment opportunity located in Los Angeles, CA. Spacious Units Averaging Over 1,500 Square Feet Each and Offering Townhouse Units! Property Offers Secured Entry and On-Site Parking for Tenants and Potential ADU Conversion Opportunity!

  • November, 2020

  • Nov 13, 2020

    Date

    Leased

    CRMLS: 20638092

    $3,995

    Price

  • Sep 25, 2020

    Date

    Active

    CRMLS: 20638092

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous 3 Bed and 3.5 Bath Apartment near the Hollywood Sign!! The Unit has Secured Entry with Intercom Access. Hardwood floors throughout the Lower Level of the Unit. Kitchen has Gray Marble Countertops, Red Glossy Cabinetry, Stainless Steel Double Basin Sink and Stainless Steel Appliances: Refrigerator, Gas Stove, Microwave and Dishwasher. Washer and Dryer in the Unit. Carpeted Stairs leading up to the 2nd Level where Bedrooms are Located. Each Bedroom has their own Bathroom. One Bedroom has a Private Balcony. All Bathrooms have Pedestal Sinks and Bathtubs with Shower Rods. Carpet in all the Bedrooms. Mirrored Sliding Glass Closet Doors. Patio in the Back with Brick Flooring attached to the Living Room. 2 Parking Spots Included. Central AC and Heat. Building Located near the Hollywood Sign! Great Neighborhood. Good for Walking and Running. Near Local Restaurants and Gas Stations. Close to the 101 Freeway! Tenant Pays All Utilities - Including Water and Trash (Rubs).

  • March, 2012

  • Mar 16, 2012

    Date

    Sold (Public Records)

    Public Records

    $1,800,018

    Price

  • January, 2006

  • Jan 31, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2640 N Beachwood Dr

Assessed Value (2020): $2,067,299
Year Land Value Improved Value Assessed Value
2020 $1,263,350 $803,949 $2,067,299

Home Value Compared to the Market

This property vs the competition

2640 N Beachwood Dr is listed 118.22% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $440.36 per/sqft which puts the price per square foot 43.11% lower than the median price per square foot for the city of Los Angeles.

About 2640 N Beachwood Dr

Detailed summary of property

2640 N Beachwood Dr is a multi family located in Los Angeles, CA 90068 and is currently for sale. This multi family property offers 24 bedrooms, 20 bathrooms, roughly 6,120 living square feet, and sits on an approximately 8,264 square foot lot. 2640 N Beachwood Dr was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $2,695,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 118.22% higher than the median priced home. Local competing homes currently for sale include 1129 Lodi Pl, 5345 La Mirada Ave and 1425 N Normandie Ave. While the average home in Los Angeles, CA is selling in 94 days, 2640 N Beachwood Dr has a days on market of 11 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2640 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 2640 N Beachwood Dr

Public county record property details
Beds
11
Baths
12
Year built
1914
Sq. Ft.
6,120
Lot Size
8,261
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5580-002-006

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
$2,095,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$2,100,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
158
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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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.

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