2117 Beachwood Terrace, Los Angeles, CA 90068
Local realty services provided by:CENTURY 21 Coastal Properties
2117 Beachwood Terrace,Los Angeles, CA 90068
$4,945,000
- 15 Beds
- 17 Baths
- 7,514 sq. ft.
- Multi-family
- Active
Listed by: tony maduka
Office: christie's international real estate socal310-893-6223
MLS#:26632845
Source:CRMLS
Price summary
- Price:$4,945,000
- Price per sq. ft.:$658.1
About this home
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....
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Home facts
- Year built:2019
- Listing ID #:26632845
- Added:110 day(s) ago
- Updated:April 26, 2026 at 10:40 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:17
- Kitchen Description:Built In, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator
- Living area:7,514 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2019
- Building area:7,514 sq. ft.
- Lot area:0.16 Acres
- Lot Features:Landscaped
- Architectural Style:Contemporary
Utilities
- Sewer:Sewer Tap Paid
Finances and disclosures
- Price:$4,945,000
- Price per sq. ft.:$658.1
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:ENERGY STAR Qualified Appliances
Parking
- Total parking spaces:10
- Parking description:Assigned, Carport
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