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2270 N Beachwood Drive, Los Angeles, CA 90068

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2270 N Beachwood Drive
Los Angeles, CA 90068

For Sale: $9,500,000

Property Type: Commercial Apartments
MLS#: OC17212744

  • Building Size: 17380 SF
  • Lot Size: 21780 SF
  • Number of Units: 21
  • Number of Stories: 2
  • Year Built: 1928
  • Days on market: 433
  • Net Operating Income: $338,018
  • Gross Scheduled Income: $529,925
  • Rent Control: No
  • Contact Listing Agent Direct:
  • Tyler Leeson, Marcus & Millichap RE Invest

Property Description

Villa Monterey Apartments is 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. 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 includes gated vehicle and pedestrian access, covered parking, a charming central courtyard with a stone fireplace and fish pond, and on-site laundry.

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2270 N Beachwood Drive, Los Angeles, CA 90068

Based on information from California Regional Multiple Listing Service, Inc. as of March 29, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Tyler Leeson, Marcus & Millichap RE Invest

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