2033 N Beachwood DR Los Angeles, CA 90068

Rare and unique pride of ownership apartment building in the heart of Hollywood's Beachwood Canyon. 2033 North Beachwood Drive is a mid-century style 26-unit apartment building which consists of six (6) studios, sixteen (16) one-bedroom one-bathroom units, three (3) two-bedroom one-bathroom units, and one (1) spacious three-bedroom one-and-a-half-bathroom unit. This two-story, gated courtyard style apartment was built in 1953 and has all the amenities expected of a Hollywood Hills property. The property features twenty (20) parking spaces, an on-site laundry facility owned by the landlord, security cameras, solar-powered pool, large balconies with views, and recently completed soft story retrofit. Living North of Franklin Avenue, on the famous palm tree-lined street of Beachwood Drive, tenants have access to fine dining, cafes, shopping, and all the entertainment one can desire. With dual access points on Gower St and Beachwood Dr, tenants will enjoy the convenience of entering and exiting the premises wherever they desire. With this rare buying opportunity, you can immediately renovate the eight (8) vacant units, easily convert an additional existing studio unit that has all the hookups, plumbing, and fixtures to be rented out or used as a managers unit, and the potential to add ADUs above the seven (7) double garages on Gower. A savvy investor will capitalize on the renters neighborhood that is Beachwood Canyon for decades to come.