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.
Property Details
Price:
$1,900,000
MLS #:
24354347
Status:
Active
Baths:
0
Address:
1222 N Beachwood Drive 5534013018
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Feb 1, 2024
State:
CA
ZIP:
90038
Lot Size:
6,755 sqft / 0.16 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
View
None
Financial
Map
Community
- Address1222 N Beachwood Drive 5534013018 Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
Similar Listings Nearby
- 801 N Alvarado Street 5402037004
Los Angeles, CA$2,450,000
3.41 miles away
- 1537 Cambria Street 5142024010
Los Angeles, CA$2,400,000
3.98 miles away
- 3593 Multiview Drive 2425011009
Los Angeles, CA$2,395,000
3.56 miles away
- 1000 N Gardner Street 5531023012
West Hollywood, CA$2,328,000
1.86 miles away
- 1153 S Bronson Avenue 5081002018
Los Angeles, CA$2,300,000
2.91 miles away
- 616 N Juanita Avenue 5539023015
Los Angeles, CA$2,300,000
1.90 miles away
- 2240 N BEACHWOOD Drive 5586010002
Los Angeles, CA$2,222,000
1.25 miles away
- 833 N Las Palmas Avenue 5524005006
Los Angeles, CA$2,200,000
1.02 miles away
- 7913 S Main Street 6031024012
Los Angeles, CA$2,200,000
3.93 miles away
- 5636 lexington ave 5536007009
Los Angeles, CA$2,180,000
0.50 miles away
Courtesy of Sperry Van Ness. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1222 N Beachwood Drive 5534013018
Los Angeles, CA
LIGHTBOX-IMAGES