1232 Smithwood Drive is a rare duplex opportunity offered at $1,950,000 in the heart of Beverlywood, steps from Beverly Hills. Located on a quiet, tree-lined street, the property features two spacious 2-bedroom, 1-bath units with functional layouts including separate living rooms, dining rooms, and in-unit washer and dryer setups. Interiors are largely in original condition, presenting a clear value-add opportunity. The property qualifies for the Los Angeles luxury rent exemption, allowing annual increases of 5% plus CPI, and is ideal for both investors and owner-users. A buyer can occupy one unit while generating income from the other to offset mortgage costs.The oversized lot offers strong ADU potential, providing additional upside and long-term value. The property has also been well maintained, with a new roof and partial copper plumbing upgrades completed over the years.Positioned just steps from Beverly Hills and close to Beverly Drive, Robertson Boulevard, and Pico Boulevard, the property offers excellent walkability and access to top dining, shopping, and entertainment. Duplex opportunities in this pocket rarely trade, driven by limited supply and strong demand for Beverly Hills adjacent living.With owner-user appeal, ADU upside, and a premier Westside location, 1232 Smithwood Drive is a standout long-term investment opportunity.
Property Details
Price:
$1,950,000
MLS #:
26754317
Status:
Pending
Beds:
4
Baths:
2
Type:
Single Family
Neighborhood:
c09beverlywoodvicinity
Listed Date:
Apr 20, 2026
Finished Sq Ft:
3,276
Total Sq Ft:
3,276
Lot Size:
6,603 sqft / 0.15 acres (approx)
Year Built:
1933
See this Listing
Schools
Interior
Appliances
RF
Cooling
CA
Heating
CF
Levels
S
Exterior
Parking Spots
4
Parking Total
4
Financial
Maintenance Fee
$3,500
Map
Community
- Address1232 Smithwood DR Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90035
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 04, 2026
10,139
Single Family Listed
89
Avg DOM
496
Avg $ / SqFt
$1,532,972
Avg List Price
Property Summary
- 1232 Smithwood DR Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90035. It is listed for $1,950,000 and features 4 beds, 2 baths, and has approximately 3,276 square feet of living space, and was originally constructed in 1933. The current price per square foot is $595. The average price per square foot for Single Family listings in Los Angeles is $496. The average listing price for Single Family in Los Angeles is $1,532,972.
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