This is the kind of Los Angeles asset that rarely changes hands. Built in 2020 and set into the hillside streets of Beachwood Canyon with direct adjacency to Hollywood Hills, this five-unit, townhome-style multifamily portfolio offers a clean combination of quality construction, durable location, and immediate operational upside.The property consists of five individually styled townhome residences, each configured as a true three bedroom, three bathroom layout with private entry and modern finishes. The homes live more like single-family residences than traditional apartments, a characteristic that consistently supports stronger tenant demand, longer tenancy, and favorable long-term liquidity.Operational fundamentals are straightforward and efficient. All units are separately metered with tenants paying their own utilities. Ten total parking spaces are provided with two assigned per residence, along with EV charging already installed. There is no HOA. Newer construction limits near-term capital exposure and supports predictable operating performance.The upside is tangible and controllable. Two units are delivered vacant, allowing immediate lease-up at market rents. One unit is month-to-month, creating near-term rent reset potential. One unit is currently in the process of eviction, providing full rent repositioning opportunity post-resolution. Vacancies have been intentionally maintained to preserve flexibility for the next owner.Market rent projections are based on square footage and achieved rents from comparable newer-construction townhome product in the immediate submarket. Stabilized performance supports a long-term hold strategy grounded in realistic underwriting rather than speculation.Beachwood Canyon remains one of the most supply-constrained rental pockets in Los Angeles, driven by proximity to studios, creative employment centers, and lifestyle amenities, while seeing limited new multifamily development. Larger three-bedroom units consistently perform well in this location.This offering will resonate most with a sophisticated small multifamily or 1031 exchange buyer prioritizing newer construction, capital preservation, and long-term hold quality, with upside driven by lease-up and rent stabilization.The property is offered as a single portfolio only. Seller has no interest in subdivision or condo conversion.An Offering Memorandum is available for download with additional financial and operating detail.Buyer to verify zoning, unit count, square footage, rent projections, and all information deemed material.Assets of this quality, scale, and location in 90068 are infrequently offered and typically held long term once stabilized.
2117 Beachwood is a Residential Income property located in Los Angeles, California, featuring a 0.157 acre lot, 7,514 sqft, 15 bedrooms, MLS #26632845.
Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.
Data last modified: 2026-01-06 07:24:39