Share This Listing

Message

919 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

2620 N Beachwood Dr
Los Angeles, CA 90068
Beachwood Residences Development Site · Land For Sale · 0.17 AC

Investment Highlights

  • Iconic high rent location
  • Clear and executable by right development potential
  • Financeable existing improvements

Executive Summary

High up on Beachwood Drive in the shadow of the Hollywood Sign sits one of the most iconically-located multifamily zoned lots in the City of Los Angeles. The offering presents a rare opportunity to pursue multiple viable development strategies, allowing buyers to balance construction cost, unit size, and yield base on their specific investment approach. One potential redevelopment typology would be SFR & ADU + Duplex (the concept pictured on cover and outlined with greater detail herein under two retaining wall options). The existing SFR is owner occupied and will be delivered vacant at close of escrow. The sale includes APN “012” which is a dramatically sloped R1 lot directly adjacent/behind the subject.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Multifamily
Total Lot Size 0.17 AC
Zoning RD2-1XL - Restricted Density Multiple Dwelling

1 Lot Available

Lot 82

Price $1,928,448 CAD
Price Per AC $11,175,068.52 CAD
Lot Size 0.17 AC

The RD2-1XL lot on Beachwood Dr. is 50’ X 150’. The R1-1-HCR lot directly behind is 50’ X 175’.

Description

Charming 1924 Spanish Colonial Revival bungalow located along the iconic Beachwood Drive corridor just below the Hollywood Sign. This 2-bedroom, 2-bath home offers approximately 1,432 square feet of character-rich living space, with classic details including a red clay tile roof, white stucco exterior, and divided-light windows. The property also includes an approximately 290 square foot accessory structure, offering flexible potential for a variety of uses. A walled and gated entry opens to a brick pathway framed by mature agave and bougainvillea, creating a welcoming courtyard-style arrival that reinforces the home’s timeless Southern California appeal. The home presents an opportunity for thoughtful updating or restoration, allowing a new owner to tailor the space to their vision. The location offers a rare balance of nature and accessibility—just moments from the front door lie more than 50 miles of hiking trails within Griffith Park and scenic walks around Lake Hollywood. Beachwood Village’s Café, Market, and everyday conveniences are a short stroll away, while nearby Franklin Village and the broader Hollywood area provide a dynamic mix of dining, entertainment, and everyday convenience. Public transit is equally convenient, with a DASH stop close by and the Hollywood/Vine Metro station just down the hill. The property presents both immediate livability and long-term potential. The existing home is a comfortable, financeable option for an owner-user, while also offering a compelling opportunity for expansion. The site is currently permitted for a significant remodel and addition, including a reimagined 3,337 square foot single-family residence and 477 square foot JADU, along with a pool and roof deck. Plans and permit documentation available. The sale also includes the adjacent hillside lot to the rear, offering a unique opportunity to extend your private outdoor environment while potentially opening up glimpses of the Hollywood Sign and city views.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5580-002-012
  • 5580-002-003
Land Assessment
$1,387,287 CAD
Improvements Assessment
$581,494 CAD
Total Assessment
$1,968,781 CAD
  • Listing ID: 40306215

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 2620 N Beachwood Dr, Los Angeles, CA 90068

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}