2620 N Beachwood, Los Angeles, CA 90068
- $1,395,000
- List Price
- $1,395,000
- Price Change
- ▼ $200,000 1779407452
- Status
- ACTIVE
- MLS#
- SR26090611
- Lot Size
- 7,520
- Acres
- 0.17
- Lot Location
- 16-20 Units/Acre, 11-15 Units/Acre, 2-5 Units/Acre, 6-10 Units/Acre
- Days on Market
- 93
- Property Type
- Land
Property Description
High up on Beachwood Drive in the shadow of the Hollywood Sign sits one of the most iconically located multifamily zoned lots in the City of Los Angeles. The offering presents a rare opportunity to pursue multiple viable development strategies, allowing buyers to balance construction cost, unit size, and yield base on their specific investment approach. One potential redevelopment typology would be SFR & ADU + Duplex - outlined with greater detail herein under two retaining wall options. The sale includes APN “012” which is a dramatically sloped R1 lot directly adjacent/behind the subject. The property is currently permitted for a “remodel” of the existing 1,432 SF SFR to a 3,337 SF SFR and 477 SF JADU with pool. Those plans, associated work product (including ALTA, TOPO, geotechnical reports), and permit payment invoices are available within the property due diligence folder.
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Additional Information
- View
- City Lights, Mountain(s), Neighborhood
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Francis Evanisko (frank@evaniskorealty.com) from Listing Office: Evanisko Realty & Investment.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.