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$ 2,540,000
Est. payment | /mo
8 Beds
3,700 SqFt
$ 2,540,000
Est. payment | /mo
8 Beds
3,700 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $686
MLS Listing ID CL26656229
Bedrooms 8
HOA Y/N No
Year Built 1930
Lot Size 4,942 Sqft
Acres 0.11
Property Sub-Type OTHER
Property Description
Welcome to 2166 Beachwood Terrace, a rare four-unit investment opportunity in the heart of iconic Beachwood Canyon. This timeless two-story Spanish Colonial Revival blends architectural charm with strong income potential in one of Los Angeles' most sought-after neighborhoods. Each of the four spacious units features 2 bedrooms and 1 bathroom, a working fireplace, and abundant original character. The former owner's unit, complete with a private balcony and updated kitchen, will be delivered vacant creating an ideal opportunity for an owner-user or investor seeking flexibility. With all four units leased, the property is projected to generate $15,826 per month, offering stable income with additional upside potential. Over the years, the building has benefited from numerous upgrades, including central AC and heat in all units and copper plumbing throughout. Additional highlights include private parking for each unit, a private patio for one of the lower units, and a shared laundry area for tenant convenience. The property also features an additional structure and garage, presenting excellent potential for future ADU conversion to further maximize value. Tucked away on a quiet residential cul-de-sac yet just moments from renowned hiking trails, restaurants, entertainment, and shops, 2166 Beachwood Terrace offers an unmatched combination of historic charm, strong rental appeal, and long-term growth potential. A Must See!!
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Central, Fireplace(s)
Cooling Central Air
Flooring Wood
Fireplace No
Laundry Common Area, Dryer, Washer, See Remarks
Exterior
View Y/N true
View City Lights, Hills, Other
Total Parking Spaces 5
Building
New Construction No
Others
Tax ID 5586011005
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Listed by Justin Setareh • Figure 8 Realty
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