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2636 N Beachwood Dr 5 Unit Apartment Building $2,195,000 ($439,000/Unit) 6.67% Cap Rate Los Angeles, CA 90068
Investment Highlights
- Superb location in highly desirable upper Beachwood Canyon
- Terrific vintage architectural style
- Walking distance to shops and restaurants
Executive Summary
Once in a generation opportunity to own this timeless 5 unit complex, perched in the storied hills of Beachwood Canyon, right below the iconic Hollywood Sign. First time on the market in over 40 years, the compound consists of an approximately 1,700 square feet stand-alone 1912 two-story craftsman home, with 3 bedrooms and 2 baths, abundant light, style, privacy and multiple outdoor entertaining spaces, and a Mediterranean style, two-story 4 unit apartment building with one 2 bedroom, 2 bath unit, a one bedroom, one bath unit and two studios, all featuring vintage architectural details such as casement windows, plaster fireplace surrounds, wrought iron accents, and abundant natural light. This is the perfect owner/user opportunity to live in the house and rent out the units, or a terrific investment opportunity in a perennially popular rental location. House and two units will be delivered vacant and rent-ready. Surrounded by mature greenery, and set back from the street, the property is superbly located just steps to the iconic Beachwood Cafe & Market, Griffith Park and Franklin Village, with commuter friendly access to major hubs of commerce and entertainment.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$1,722,480
|
$220.83
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,722,480
|
$220.83
|
| Taxes |
$8,114
|
$1.04
|
| Operating Expenses |
$17,000
|
$2.18
|
| Total Expenses |
$25,114
|
$3.22
|
| Net Operating Income |
$1,697,366
|
$217.61
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $1,722,480 |
| Annual Per SF | $220.83 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,722,480 |
| Annual Per SF | $220.83 |
| Taxes | |
|---|---|
| Annual | $8,114 |
| Annual Per SF | $1.04 |
| Operating Expenses | |
|---|---|
| Annual | $17,000 |
| Annual Per SF | $2.18 |
| Total Expenses | |
|---|---|
| Annual | $25,114 |
| Annual Per SF | $3.22 |
| Net Operating Income | |
|---|---|
| Annual | $1,697,366 |
| Annual Per SF | $217.61 |
Property Facts
| Price | $2,195,000 | Property Subtype | Apartment |
| Price Per Unit | $439,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.67% | Lot Size | 0.21 AC |
| Gross Rent Multiplier | 12.7 | Building Size | 4,390 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1912 |
| Zoning | LARD2 | ||
| Price | $2,195,000 |
| Price Per Unit | $439,000 |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| Gross Rent Multiplier | 12.7 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 4,390 SF |
| No. Stories | 2 |
| Year Built | 1912 |
| Zoning | LARD2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $6,500 | 1,680 |
| 2+2 | 1 | $2,380 | 940 |
| 1+1 | 1 | $2,700 | 704 |
| Studios | 2 | $1,387 | 452 - 528 |
Property Taxes
| Parcel Number | 5580-002-005 | Total Assessment | $572,324 (2025) |
| Land Assessment | $170,753 (2025) | Annual Taxes | $8,114 ($1.85/SF) |
| Improvements Assessment | $401,571 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
5580-002-005
Land Assessment
$170,753 (2025)
Improvements Assessment
$401,571 (2025)
Total Assessment
$572,324 (2025)
Annual Taxes
$8,114 ($1.85/SF)
Tax Year
2026
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Links Real Estate
2636 N Beachwood Dr
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