1130 N Beachwood Dr — Sale in Los Angeles, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Los Angeles, CA 90038
Investment Figures
- Cap rate
- 3.19%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This vintage Los Angeles duplex offers a prime value-add opportunity for investors looking to maximize rental potential in a highly sought-after market. By delivering the property with immediate vacancy, a new owner can bypass tenant relocation hurdles and begin a comprehensive historic restoration right away. Beyond updating the existing structure, the generous lot features an expansive backyard and a detached garage that present a compelling canvas for adding an accessory dwelling unit (ADU). Its strategic location near major entertainment hubs and employers further solidifies long-term rental demand and appreciation potential. Ultimately, this asset blends immediate repositioning flexibility with substantial long-term growth opportunities. Investment Highlights: • Immediate Vacancy & Flexibility: Delivered with at least one unit vacant (and potentially both), allowing investors to bypass tenant relocation and immediately begin renovations. • Value-Add & ADU Potential: Features a vintage duplex ripe for a historic restoration, paired with a generous rear lot and garage that offer a compelling opportunity to build an ADU or redevelop for hi • Prime Hollywood Location: Situated in a high-demand rental market near major entertainment studios, West Hollywood, and iconic cultural landmarks, ensuring strong long-term tenant demand.
Market Context
This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 3.2% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 87 days. Compare it against other multifamily listings for sale in Los Angeles, CA — view the full market.
As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.
Its 3.2% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Greater Los Angeles?
- About 5.0% as of Q1 2026, per multiple brokerage reports.
Contact
- Sam Liberow · (818) 212-2795 · sam.liberow@marcusmillichap.com
- Sharone Sabar · (818) 212-2714 · sharone.sabar@marcusmillichap.com
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