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,… Read More 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!! Read Less
Property listed by Figure 8 Realty, Justin Setareh 310-259-7556
Listing Snapshot
Days Online
61
Last Updated
Beds
8
Square Ft.
3,700
Lot Size
0.11 Acres
Year Built
1930
MLS Number
26656229
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1930, Living area: 3700.0, 2 buildings, 2 stories, Levels: Two
Cooling
CentralAir
Floors
Wood
Garage
1 spaces
Heating
Central, Fireplaces
Income
Gross Income: $189,917, Net Operating Income: $143,538
Interior Features
CeilingFans
Laundry
CommonArea, SeeRemarks
Lot
0.1135 acres
Parking
4 carport spaces, 4 open parking spaces, 5 total parking spaces, Assigned, DoorSingle, Garage, Private, OneSpace, SideBySide
Property
CityLights, Hills, Landmark
Taxes
Parcel Number: 5586011005, Zoning: LAR2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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