1222 N Beachwood Drive
Los Angeles, CA 90038
- – beds
- – baths
- – sqft
- 6,755 sqft lot
- – on site
Centrally located on N Beachwood Dr, this property offers a coveted address with close proximity to Hollywood's vibrant entertainment and cultural scene. This blank canvas provides endless possibilities for creative development or renovation, catering to the vision of innovative developers and investors. The flexible space allows for various unit configurations, making it suitable for upscale apartments, boutique condominiums, or a stunning single-family residence. Conveniently situated in Hollywood, thoughtful parking solutions can be implemented to ensure accessibility for residents. With Hollywood's dynamic atmosphere, this property is poised to become part of the cultural heartbeat of the city, appealing to a diverse demographic. Positioned in a growing neighborhood, 1222 N Beachwood Dr offers a strategic investment opportunity, capitalizing on Hollywood's ongoing revitalization. This development site provides a unique chance to shape a residential masterpiece in one of Los Angeles' most iconic neighborhoods. Seize the opportunity to contribute to the dynamic tapestry of Hollywood. This property is located in an Opportunity Zone! Qualified Opportunity Funds (QOF) and 1031 Exchange Buyers expect to be able to take advantage of unique tax benefits if held or more than ten years. Investors may eliminate all capital gains accrued with the Ozone property from the day of purchase! **All buyers and investors must conduct their own due diligence of the opportunity zone regulations and consult their respective consultants. Our team can refer O- Zone specialists, if needed.
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Last updated Mar 30, 2024
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MLS# 24354347 —
This property is listed in more than one place. See it here.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/19/24
Mar 19, 2024
|
Price Changed | CRMLS_CA | $1,900,000 | -4.3% |
|
2/1/24
Feb 1, 2024
|
Listed / Active | CRMLS_CA | $1,985,000 | 114.6% (15.5% / YR) |
|
6/5/23
Jun 5, 2023
|
Listed / Active | BRIDGE |