2117 Beachwood Terrace, Los Angeles, CA 90068
- 15 beds |
- 17 baths |
- 7,514 sqft
Multi-Family Home
Built in 2019
6,826sqft lot
—— car garage
$658/sqft
Listed 1 month ago
Property Description
This is the kind of Los Angeles asset that rarely trades.Built in 2020 and positioned along the hillside streets of Beachwood Canyon with direct adjacency to Hollywood Hills, this five-unit, townhome-style multifamily portfolio offers a compelling blend of newer construction, durable location, and clear operational upside.The property comprises five individually designed townhome residences, each configured as a true three bedroom, three bathroom layout with private entry and contemporary finishes. The units live more like single-family homes than traditional apartments, a distinction that consistently supports stronger tenant demand, longer tenancy, and favorable long-term liquidity.Operational fundamentals are efficient and investor-friendly. All units are separately metered with tenants paying their own utilities. The property includes ten total parking spaces with two assigned per residence, along with EV charging already installed. There is no HOA. Newer construction minimizes near-term capital requirements and supports predictable operating performance.The value-add profile is straightforward and controllable. Two units are delivered vacant, allowing immediate lease-up at market rents. One unit is month-to-month, providing near-term rent reset potential. One unit is currently in the process of eviction, offering full rent repositioning upon resolution. Vacancies have been intentionally maintained to preserve flexibility for the next owner.Market rent projections are supported by square footage and achieved rents from comparable newer-construction townhome product in the immediate submarket. Stabilized performance aligns with a long-term hold strategy grounded in realistic underwriting rather than speculative assumptions.Beachwood Canyon remains one of the most supply-constrained rental pockets in Los Angeles, benefiting from proximity to studios, creative employment centers, and lifestyle amenities while seeing limited new multifamily development. Larger-format three-bedroom units continue to outperform in this location.This offering is well suited for 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 are typically held long term once stabilized.
- Listing Status:
- Active
- Date Added:
- January 5, 2026
- Data Last Updated:
- February 8, 2026 at 7:16AM
- Listing Office:
- Christie's International Real Estate SoCal : 310-893-6223
- Listing Agent:
- Tony Maduka : 310-269-9607
- MLS ID:
- 26632845

- General: None
- Style: Contemporary
- Pool: None
- Parking: AssignedCarportParking spaces: 10
- Windows: BlindsDouble Pane Windows
- General: 0
- Originating MLS: CRMLS_CL
- County: Los Angeles
- Zoning: LAR35586011014
- View: CanyonHillsView
- Sewer: Sewer Tap Paid
- Source: CRMLS_CL
Presented by Veterans United Realty
This listing courtesy of Tony Maduka , Christie's International Real Estate SoCal
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Cheremoya Avenue School
6017 Franklin Ave, Los Angeles, CA, 90028
Grades PK-6
0.23 miles away
Joseph Le Conte Middle School
1316 N Bronson Ave, Los Angeles, CA, 90028
Grades 6-8
1.00 miles away
Helen Bernstein High School
1309 N Wilton Pl, Los Angeles, CA, 90028
Grades 9-12
1.00 miles away
