Investment Overview

Marcus & Millichap is pleased to present 1140 N Beachwood Dr, a 10-unit value-add investment opportunity investment opportunity in Hollywood just north of Santa Monica Blvd between Dower St and Bronson Ave. Priced at $240,000 per unit, 1140 N. Beachwood offers the rare opportunity to purchase 10 units in one of Hollywood’s most up and coming neighborhoods surrounded by new developments. The building features a unit mix of spacious units made up of eight singles and two one-bedrooms; rents are currently below market and provide an investor the opportunity to capture significant income upside as units turn. The property has six parking spaces at the rear of the property with no soft story work required; the building is separately metered for gas and electric and has a community laundry room. The property is centrally located with a walk score of 90; easy access to the 101 Freeway as well as multiple Metro Local Lines allows for an easy commute throughout the city This Hollywood neighborhood continues to grow at a rapid pace and attracts high-end residents with the unparalleled access to employment opportunities.