This is the kind of Los Angeles asset that rarely changes hands. Built in 2020 and set into the hillside streets of Beachwood Canyon with direct adjacency to Hollywood Hills, this five-unit, townhome-style multifamily portfolio offers a clean combination of quality construction, durable location, and immediate operational upside.The property consists… Read More of five individually styled townhome residences, each configured as a true three bedroom, three bathroom layout with private entry and modern finishes. The homes live more like single-family residences than traditional apartments, a characteristic that consistently supports stronger tenant demand, longer tenancy, and favorable long-term liquidity.Operational fundamentals are straightforward and efficient. All units are separately metered with tenants paying their own utilities. Ten total parking spaces are provided with two assigned per residence, along with EV charging already installed. There is no HOA. Newer construction limits near-term capital exposure and supports predictable operating performance.The upside is tangible and controllable. Two units are delivered vacant, allowing immediate lease-up at market rents. One unit is month-to-month, creating near-term rent reset potential. One unit is currently in the process of eviction, providing full rent repositioning opportunity post-resolution. Vacancies have been intentionally maintained to preserve flexibility for the next owner.Market rent projections are based on square footage and achieved rents from comparable newer-construction townhome product in the immediate submarket. Stabilized performance supports a long-term hold strategy grounded in realistic underwriting rather than speculation.Beachwood Canyon remains one of the most supply-constrained rental pockets in Los Angeles, driven by proximity to studios, creative employment centers, and lifestyle amenities, while seeing limited new multifamily development. Larger three-bedroom units consistently perform well in this location.This offering will resonate most with 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 typically held long term once stabilized. Read Less
Courtesy of Christie's International Real Estate SoCal 310-893-6223
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
