|
Exceptional Hollywood value-add opportunity featuring a 10-unit multifamily property with six vacant units ready for renovation, offering investors the ability to execute a coordinated repositioning strategy and pursue increased rental income. Four occupied units provide existing income while renovations and lease-up are underway. The property is surrounded by significant new construction, including projects directly across the street and next door, reflecting substantial investment in the immediate neighborhood. Located near Echelon Studios Hollywood, a major studio and creative office development nearing completion, the property is positioned amid Hollywood's continued transformation and expanding entertainment infrastructure. With immediate renovation potential and significant development activity nearby, investors have the opportunity to create value through strategic improvements and a focused lease-up plan. Acquire, renovate, reposition, and capitalize on Hollywood's ongoing evolution. For investors seeking a hands-on multifamily opportunity, 1140 N. Beachwood Drive offers the combination of vacant-unit renovation potential, existing occupancy, and immediate neighborhood development. Acquire the asset, implement a disciplined renovation and lease-up strategy, and position the property to benefit from Hollywood's ongoing evolution.
| Last Updated | 10/20/2026 | Year Built | 1956 |
|---|---|---|---|
| Community | C20 - Hollywood | County | Los Angeles |
Additional Details
| AREA | C20 - Hollywood |
|---|---|
| HEAT | Forced Air |
| LOT | 6756 sq ft |
| LOT DIMENSIONS | 50x135 |
| PARKING | Detached Carport |
| STORIES | 2 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.