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Key Details
Sold Price $4,000,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21092903
Sold Date 08/18/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1955
Lot Size 10,890 Sqft
Property Description
We are pleased to offer for sale a 16-unit apartment community located at 2142 North Beachwood Drive in Hollywood Hills. This property represents a rare opportunity to acquire a mid-size multifamily asset in one of the most sought-after submarkets in Los Angeles County. Exceptional buy in today's environment. The subject property is considered well-located for its current use. It lies within a diverse district that includes multi-family as well as commercial development and has several major transportation corridors nearby. Although residential construction in the subject’s neighborhood has been limited in recent years, the population is projected to continue to grow at a steady pace in the future.
Recent improvements include new painting and landscaping, significant electrical upgrades, earthquake retrofit (in progress). Also, a new roof was installed in 2019.
Location
State CA
County Los Angeles
Area C30 - Hollywood Hills East
Zoning LAR3
Interior
Interior Features Granite Counters, Unfurnished
Heating Space Heater
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range
Laundry Common Area
Exterior
Garage Carport
Carport Spaces 10
Fence None
Pool None
Community Features Biking, Foothills, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Amenities Available Trash, Utilities
View Y/N No
View None
Roof Type Composition
Accessibility Other
Parking Type Carport
Total Parking Spaces 10
Private Pool No
Building
Lot Description Level, Rectangular Lot
Faces West
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5586011018
Acceptable Financing Cash, Cash to Existing Loan
Listing Terms Cash, Cash to Existing Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Edgar Koenig • Ed Koenig IRE
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