Your email has been sent.
1130 N Beachwood Dr - Value Add | 2 Units 0.16 Acres of Residential Land Offered at $1,100,000 in Los Angeles, CA 90038
Investment Highlights
- Delivered with Vacancy – Immediate Control for Repositioning
- Generous Lot with Space for Additional Development (Buyer to Verify)
- Value-Add Opportunity with Significant Repositioning Potential
Executive Summary
Value-Add Opportunity with Significant Repositioning Potential
Generous Lot with Space for Additional Development (Buyer to Verify)
Ample Parking with Flexible Use Potential
Prime Location Near the Entertainment & Media Capital of the World
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$58,200
|
$363,750.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,746
|
$10,912.50
|
| Effective Gross Income |
$56,454
|
$352,837.50
|
| Taxes |
$13,061
|
$81,631.25
|
| Operating Expenses |
$8,268
|
$51,675.00
|
| Total Expenses |
$21,329
|
$133,306.25
|
| Net Operating Income |
$35,125
|
$219,531.25
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $58,200 |
| Annual Per AC | $363,750.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | $1,746 |
| Annual Per AC | $10,912.50 |
| Effective Gross Income | |
|---|---|
| Annual | $56,454 |
| Annual Per AC | $352,837.50 |
| Taxes | |
|---|---|
| Annual | $13,061 |
| Annual Per AC | $81,631.25 |
| Operating Expenses | |
|---|---|
| Annual | $8,268 |
| Annual Per AC | $51,675.00 |
| Total Expenses | |
|---|---|
| Annual | $21,329 |
| Annual Per AC | $133,306.25 |
| Net Operating Income | |
|---|---|
| Annual | $35,125 |
| Annual Per AC | $219,531.25 |
Property Facts
| Price | $1,100,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LAR3 | ||
| Price | $1,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.16 AC |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.16 AC |
| Price Per AC | $6,875,000.00 |
| Price | $1,100,000 |
| Price Per AC | $6,875,000.00 |
| Lot Size | 0.16 AC |
Description
Located in the heart of Hollywood, this vintage duplex at 1130 N Beachwood Dr presents a compelling value-add opportunity in one of Los Angeles' most dynamic rental markets. The property features a desirable unit mixone 1-bedroom/1-bath and one 2-bedroom/1-bathtotaling approximately 1,556 square feet. The building will be delivered with one unit vacant (and the possibility of the second), offering immediate flexibility for renovations and strategic repositioning. Deemed historic and rich with architectural character, the property is perfectly suited for a comprehensive restoration that blends vintage charm with modern upgrades. The lot includes ample rear space and on-site parking, featuring a detached garage that provides potential for an accessory dwelling unit (buyer to verify). Situated near major entertainment hubs like the Hollywood Walk of Fame and the Hollywood Bowl, the location benefits from robust rental demand driven by the area's thriving creative industries. Surrounded by ongoing residential development, this property offers a rare chance to restore and reimagine a character building while unlocking its full investment potential.
Property Taxes
| Parcel Number | 5534-014-017 | Total Assessment | $1,531,101 (2025) |
| Land Assessment | $1,421,738 (2025) | Annual Taxes | $13,061 |
| Improvements Assessment | $109,363 (2025) | Tax Year | 2026 |
Property Taxes
