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, 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!!
Parking Features: Assigned, Door-Single, Garage, Private, One Space, Side By Side
Parking Total: 5
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central, Fireplace(s)
Has Heating: Yes
Laundry Features: Common Area, See Remarks
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 8 bedrooms in this multi-family home at 2166 Beachwood Terrace.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 2166 Beachwood Terrace.
How does 2166 Beachwood Terrace compare to other multi-family homes in Hollywood Hills?
This multi-family home is listed 3% above the average price for multi-family homes in Hollywood Hills and has been on the market for 14 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 3,700 sqft.
2166 Beachwood Terrace is a 8-bedroom multi-family home for sale in Los Angeles CA 90068. Listed on Prevu for 63 days at $2,540,000. This includes a recent price decrease of $55,000. This home features 3,700 square feet of living space, located in Hollywood Hills. The median listing price for multi-family homes in this area is $2,200,000. The home offers dishwasher, air conditioning, parking, and washer/dryer. Explore more 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.