Properties

Los Angeles, CA 90068 2117 Beachwood Terrace

2117 Beachwood Terrace Los Angeles, CA - Image 12117 Beachwood Terrace Los Angeles, CA - Image 22117 Beachwood Terrace Los Angeles, CA - Image 3
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Presented By: Tony Maduka with Christie's International Real Estate SoCal;
  • MLS# 26632845
  • 01/05/2026
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  • Beds • 15
  • Baths • 15
  • SQFT • 7,514

Home Details

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.
Presented By: Tony Maduka with Christie's International Real Estate SoCal;

Interior Features for 2117 Beachwood Terrace

Bedrooms

Total Bedrooms15

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths17

Other Interior Features

Air Conditioning Y/NYes
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Total Stories
Window FeaturesBlinds, Double Pane Windows

General for 2117 Beachwood Terrace

Additional Parcels Y/NNo
AppliancesBuilt-In, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
Architectural StyleContemporary
Cap Rate4.87
Carport Y/NYes
CityLos Angeles
Community FeaturesGated
CoolingCentral Air
CountyLos Angeles
DirectionsFrom Franklin Ave, north on Beachwood Dr. Property located between Scenic Ave and Beachwood Terrace. See agent remarks for access instructions.
Electric Expense2629
Full Baths
Gross Income317050
HOANo
HeatingCentral
Insurance Expense11027
LevelsThree Or More, Multi/Split
Listing TermsCash, Conventional
Living Area7514
Lot Size Square Feet6828
Lot Size UnitsSquare Feet
MLS AreaC30 - Hollywood Hills East
MaintenanceExpense5939
Net Operating Income240988
New ConstructionYes
Number Of Units Total5
Number of Units Leased3
Occupancy TypeTenant
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesFire Detection System, Fire Sprinkler System, Security Gate, Gated Community, Key Card Entry, Smoke Detector(s)
Senior Community Y/NNo
SewerSewer Tap Paid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Taxes$53,152
Tenant PaysElectricity
Trash Expense675
ViewCanyon, Hills
Year Built2019
ZoningLAR3

Exterior for 2117 Beachwood Terrace

Building Area Total7514
Lot Dimensions40x173
Lot FeaturesLandscaped
Lot Size Acres0.1567
Lot Size Area6828
Number of Buildings5
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Parking FeaturesAssigned, Carport
Private PoolNo
SpaNo
Total Parking10

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,945,000
MLS#26632845
List Date 01/05/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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