This is the kind of Los Angeles asset that rarely trades.Built in 2020 and positioned along the hillside streets of Beachwood Canyon with direct adjacency to Hollywood Hills, this five-unit, townhome-style multifamily portfolio offers a compelling blend of newer construction, durable location, and clear operational upside.The property comprises five individually designed townhome residences, each configured as a true three bedroom, three bathroom layout with private entry and contemporary finishes. The units live more like single-family homes than traditional apartments, a distinction that consistently supports stronger tenant demand, longer tenancy, and favorable long-term liquidity.Operational fundamentals are efficient and investor-friendly. All units are separately metered with tenants paying their own utilities. The property includes ten total parking spaces with two assigned per residence, along with EV charging already installed. There is no HOA. Newer construction minimizes near-term capital requirements and supports predictable operating performance.The value-add profile is straightforward and controllable. Two units are delivered vacant, allowing immediate lease-up at market rents. One unit is month-to-month, providing near-term rent reset potential. One unit is currently in the process of eviction, offering full rent repositioning upon resolution. Vacancies have been intentionally maintained to preserve flexibility for the next owner.Market rent projections are supported by square footage and achieved rents from comparable newer-construction townhome product in the immediate submarket. Stabilized performance aligns with a long-term hold strategy grounded in realistic underwriting rather than speculative assumptions.Beachwood Canyon remains one of the most supply-constrained rental pockets in Los Angeles, benefiting from proximity to studios, creative employment centers, and lifestyle amenities while seeing limited new multifamily development. Larger-format three-bedroom units continue to outperform in this location.This offering is well suited for a sophisticated small multifamily or 1031 exchange buyer prioritizing newer construction, capital preservation, and long-term hold quality, with upside driven by lease-up and rent stabilization.The property is offered as a single portfolio only. Seller has no interest in subdivision or condo conversion.An Offering Memorandum is available for download with additional financial and operating detail.Buyer to verify zoning, unit count, square footage, rent projections, and all information deemed material.Assets of this quality, scale, and location in 90068 are infrequently offered and are typically held long term once stabilized.
Listed by Tony Maduka
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License #02222352
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Christie's International Real Estate SoCal
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310-269-9607
Last updated January 25, 2026
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Source: CRMLS #26632845
Listing Facts
TypeMulti-family
NeighborhoodHollywood Hills
Bedrooms15
Days on Prevu26
Size7,514 sqft
Price per sqft$658
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
01/21/2026
Price Decreased
$4,945,000
01/05/2026
Listed by Christie's International Real Estate SoCal
$5,295,000
Property Details for 2117 Beachwood Terrace
Association
Amenities
Community Features: Gated
Exterior
Construction
New Construction: Yes
Number Of Units Total: 5
Window Features: Blinds, Double Pane Windows
Year Built: 2019
Architectural Style: Contemporary
Features
View: Canyon, Hills
Measurements
Building Area Total: 7,514
Lot Features: Landscaped
Lot Size Acres: 0.15
Lot Size Area: 6,828
Lot Size Dimensions: 40,173
Lot Size Square Feet: 6,828
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.87
Gross Income: $317,050.00
Taxes
Parcel Number: 5586011014
Interior
Features
Appliances: Built-In, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, Dryer, Washer
Measurements
Living Area: 7,514
Rooms
Bathrooms Total Integer: 17
Bedrooms Total: 15
Parking
Parking
Carport: Yes
Parking Features: Assigned, Carport
Parking Total: 10
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Sewer: Sewer Tap Paid
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 15 bedrooms in this multi-family home at 2117 Beachwood Terrace.
Does this multi-family home have parking?
Yes, there are 10 parking spaces available for 2117 Beachwood Terrace.
How does 2117 Beachwood Terrace compare to other multi-family homes in Hollywood Hills?
This multi-family home is listed 100% above the average price for multi-family homes in Hollywood Hills and has been on the market for 51 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 7,514 sqft.
2117 Beachwood Terrace is a 15-bedroom multi-family home for sale in Los Angeles CA 90068. Listed on Prevu for 26 days at $4,945,000. This includes a recent price decrease of $350,000. This residence features 7,514 square feet of living space, located in Hollywood Hills. The median listing price for multi-family homes in this area is $2,200,000. Additional amenities include dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.