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2000 N Beachwood Dr 6 Unit Apartment Building $3,850,000 ($641,667/Unit) 5.11% Cap Rate Los Angeles, CA 90068
Investment Highlights
- Prime Hollywood Hills Location - Situated on Beachwood Dr
- Two-Bedroom Units are Townhouse-Style Units and have Two (2) Balconies Each
- Units have Central HVAC, Hardwood-Style Floors Throughout, Spacious Bedrooms, Ample Closet Space, Washer/Dryer, and Stainless Steel Appliances
- New Construction Completed in 2025 - Not Subject to LA Rent Control
- Features a Private Backyard Furnished with Outdoor Dining Table and Lounge Chairs
- Subterranean Parking Available
Executive Summary
Marcus & Millichap is pleased to present a six (6) unit apartment building located at 2000 N Beachwood Dr in Los Angeles, California. The subject property is located in a prime Hollywood Hills location, just north of Franklin Ave and situated on the iconic Beachwood Dr.
Completed in 2025, this newly constructed property in Hollywood Hills offers six modern units on iconic Beachwood Drive and is not subject to Los Angeles rent control, with a Certificate of Occupancy issued in 2025. The property features a desirable unit mix of four one-bedroom units and two townhouse-style two-bedroom units, with all units offering private balconies. Interiors include central HVAC, hardwood-style flooring, stainless steel appliances, in-unit washer/dryers, spacious bedrooms, and abundant natural light. Amenities include subterranean parking, elevator access, and a private backyard furnished with an outdoor dining table and lounge chairs. Residents benefit from immediate access to the 101Freeway, the Los Angeles Metro B Line at Hollywood/Vine Station, nearby hiking at Griffith Park, and entertainment and dining throughout Hollywood.
2000 N Beachwood Dr offers a rare, fully occupied new construction asset in the Hollywood Hills featuring pride of ownership, modern design, strong curb appeal, and positive cash flow.
For OM, please visit: https://www.lamultifamilydeals.com/properties/2000-n-beachwood-dr
Completed in 2025, this newly constructed property in Hollywood Hills offers six modern units on iconic Beachwood Drive and is not subject to Los Angeles rent control, with a Certificate of Occupancy issued in 2025. The property features a desirable unit mix of four one-bedroom units and two townhouse-style two-bedroom units, with all units offering private balconies. Interiors include central HVAC, hardwood-style flooring, stainless steel appliances, in-unit washer/dryers, spacious bedrooms, and abundant natural light. Amenities include subterranean parking, elevator access, and a private backyard furnished with an outdoor dining table and lounge chairs. Residents benefit from immediate access to the 101Freeway, the Los Angeles Metro B Line at Hollywood/Vine Station, nearby hiking at Griffith Park, and entertainment and dining throughout Hollywood.
2000 N Beachwood Dr offers a rare, fully occupied new construction asset in the Hollywood Hills featuring pride of ownership, modern design, strong curb appeal, and positive cash flow.
For OM, please visit: https://www.lamultifamilydeals.com/properties/2000-n-beachwood-dr
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,850,000 | Property Subtype | Apartment |
| Price Per Unit | $641,667 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.11% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 13.02 | Building Size | 7,083 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2025 |
| Zoning | R3-1XL - Residential | ||
| Price | $3,850,000 |
| Price Per Unit | $641,667 |
| Sale Type | Investment |
| Cap Rate | 5.11% |
| Gross Rent Multiplier | 13.02 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 7,083 SF |
| No. Stories | 2 |
| Year Built | 2025 |
| Zoning | R3-1XL - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 900 |
| 2+2 | 2 | - | 1,000 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5586-013-004 | Improvements Assessment | $1,747,040 |
| Land Assessment | $1,524,970 | Total Assessment | $3,272,010 |
Property Taxes
Parcel Number
5586-013-004
Land Assessment
$1,524,970
Improvements Assessment
$1,747,040
Total Assessment
$3,272,010
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2000 N Beachwood Dr
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