2270 N Beachwood Dr
Los Angeles, CA 90068
Villa Monterey Apartments · Multifamily Property For Sale
·
21 Units
Property Facts
| No. Units | 21 | Building Size | 17,380 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | B | Parking Ratio | 0.52/1,000 SF |
| Lot Size | 0.50 AC | ||
| Zoning | R4-1 | ||
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.50 AC |
| Building Size | 17,380 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 0.52/1,000 SF |
| Zoning | R4-1 |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Walk-In Closets
- Dining Room
Site Amenities
- Courtyard
- Laundry Facilities
- Property Manager on Site
About 2270 N BEACHWOOD DR , LOS ANGELES, CA 90068
Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Villa Monterey Apartments, a 21-unit multifamily community located in Hollywood, CA. Originally built in 1928, Villa Monterey represents an opportunity to acquire a mid-size multifamily asset in one of the most sought after submarkets in Los Angeles County. The growth of the Hollywood job market has helped to provide continued rental rate growth for the Hollywood/Los Feliz submarket (6.1 percent effective rent growth for 2016). Situated on one 0.50 acre parcel, the property features 21 units including (1) studio measuring approximately 600 square feet, (17) one-bedroom/one-bathroom units averaging approximately 800 square feet, and (3) two-bedroom/one-bathroom units averaging approximately 1,060 square feet. The property also include gated vehicle and pedestrian access, covered parking, a charming central courtyard with a stone fireplace and fish pond, and on-site laundry.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,097 | 600 |
| 1+1 | 17 | $1,732 | 800 |
| 2+1 | 3 | $2,816 | 1,060 |
Property Taxes
| Parcel Number | 5586-010-006 | Improvements Assessment | $5,845,133 |
| Land Assessment | $2,164,864 | Total Assessment | $8,009,997 |
Property Taxes
