Filters Reset
Save Search
0 Properties
Los Angeles, CA 90038,1222 Beachwood DR
Los Angeles, CA 90038,1222 Beachwood DR
Los Angeles, CA 90038,1222 Beachwood DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
30
Jan
Sat
31
Jan
Sun
1
Feb
Rob Denny

Rob Denny

+1(858) 504-0449
$1,700,000
Est. payment /mo
6,751 Sqft Lot
Save

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219136692DA

HOA Y/N Yes

Lot Size 6,751 Sqft

Property Description

Prime Net Lease is pleased to present 1222 N Beachwood Dr, anexceptional residential development opportunity with RTI (ready-to-issue)permits in place, located in the highly coveted Hollywood 90038 zipcode. The project is fully entitled, including a complete architectural set,schematics, and budgets (available upon request), and is approved for 8Market Rate and 3 Low Income units. This modern 4-story developmentwill feature 11 thoughtfully designed units with a well-balanced unit mix,and first-floor parking with 14 vehicle spaces and 24 bicycle spaces (20long-term and 4 short-term).With a total area of 11,107 square feet and 9,547 square feet of livablespace, this opportunity appeals to a diverse range of tenants seeking toexperience Hollywood's vibrant cultural scene. The 6,752-square-foot lotis zoned R3 and contains no existing structure, sparing investors thefinancial burden of tenant buy-outs or demolition. The property's locationis rated as Very Walkable, with a Walk Score of 88.Located within an Opportunity Zone and designated as a TOC Tier 2area, 1222 N Beachwood Dr offers strategic tax incentives (Buyer toverify) and increased density options that align with the city's vision forurban growth and housing. The flexible layout allows for variousconfigurations, supporting the development of upscale apartments,boutique condominiums, or custom-designed units that cater toHollywood's diverse population of professionals, creatives, and families.On-site parking adds convenience and accessibility for residents--aninvaluable feature in this high-demand neighborhood.The property's prime Hollywood location places it within close proximityto iconic landmarks like the Hollywood Walk of Fame, Sunset Boulevard,and Melrose Avenue, providing easy access to an array of dining,entertainment, and shopping options. The area's strong rental demandand ongoing revitalization make this project a promising investment,positioned for both immediate appeal and long-term appreciation.This development site offers investors a unique opportunity to contributeto Hollywood's transformation, capturing the essence of L.A.'s dynamiclifestyle while establishing a residential landmark in one of the city's mostdesirable neighborhoods.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning R-3

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 5534013018

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Paul Matusik Prime Desert Estates

Nearby Locations

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Valley View Elementary

    Public | KG - 5

  • 9

    Citizens of the World Charter

    Public | KG - 8

  • 8

    Hancock Park Elementary

    Public | KG - 5

  • 8

    Melrose Avenue Elementary School

    Public | KG - 6

  • 8

    3rd Street Elementary School

    Public | KG - 5

  • 8

    Larchmont Charter

    Public | KG - 12

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 7

    Gardner Street Elementary

    Public | PK - 5

  • 7

    Cheremoya Avenue School

    Public | PK - 6

  • 7

    Hollywood Primary Center

    Public | KG - 3

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 6

    Wilshire Park Elementary

    Public | KG - 5

  • 6

    Van Ness Avenue Elementary

    Public | KG - 5

  • 6

    Kim Elementary School

    Public | KG - 5

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 6

    Micheltorena Elementary

    Public | KG - 5

  • 5

    Laurel School

    Public | KG - 8

Middle Schools 20
  • 8

    Rise Kohyang Middle School

    Public | 6 - 8

  • 6

    John Burroughs Middle School

    Public | 6 - 8

  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 4

    Magnolia Science Academy 5

    Public | 6 - 12

  • 4

    Bancroft Middle School

    Public | 6 - 8

  • 4

    Joseph Le Conte Middle School

    Public | 6 - 8

  • 4

    RFK Community Schools - Ambassador School of Global Leadership

    Public | 6 - 12

  • 4

    Los Angeles Academy of Arts & Enterprise Charter

    Public | 6 - 12

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 2

    Monsenor Oscar Romero Charter Middle School

    Public | 6 - 8

  • 1

    Apex Academy

    Public | 7 - 12

  • 1

    Berendo Middle School

    Public | 6 - 8

  • 1

    Young Oak Kim Academy

    Public | 6 - 8

  • 0

    West Hollywood Opportunity

    Public | 7 - 12

  • 0

    Aviva High School

    Private | 7 - 12

  • 0

    The Episcopal School of los Angeles

    Private | 6 - 9

  • 0

    Marlborough School

    Private | 7 - 12

  • 0

    Richard A. Alonzo Community Day

    Public | 7 - 12

  • 0

    Immaculate Heart High School & Middle School

    Private | 6 - 12

High Schools 20
  • 8

    John Marshall High School

    Public | 9 - 12

  • 7

    Fairfax High School

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    STEM Academy of Hollywood

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 5

    Hollywood High School

    Public | 9 - 12

  • 4

    RFK Community Schools - Los Angeles High School of the Arts

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 1

    Helen Bernstein High School

    Public | 9 - 12

  • 1

    RFK Community Schools - School for the Visual Arts & Humanities

    Public | 9 - 12

  • 0

    Shalhevet High School

    Private | 9 - 12

  • 0

    Shalhevet School

    Private | 9 - 12

  • 0

    Harkham-Gaon Acadamy

    Private | 9 - 12

  • 0

    Whitman Continuation

    Public | 9 - 12

  • 0

    Shaarei Torah California Rabbinical College

    Private | 9 - 12

  • 0

    Bais Yaakov School for Girls

    Private | 9 - 12

  • 0

    Yeshiva Gedolah of los Angeles

    Private | 9 - 12

  • 0

    Yeshiva Ohr Elchonon Chabad - West Coast

    Private | 9 - 12

  • 0

    Bnos Devorah High School

    Private | 9 - 11

School and business data provided by Attom Data.

GET MORE INFORMATION

Rob Denny

Rob Denny

+1(858) 504-0449

Agent | License ID: #01786169

Agent License ID: #01786169

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Rob Denny, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.