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Investment Highlights

  • Superb location in highly desirable upper Beachwood Canyon
  • Terrific vintage architectural style
  • Walking distance to shops and restaurants

Executive Summary

Once in a generation opportunity to own this timeless 5 unit complex, perched in the storied hills of Beachwood Canyon, right below the iconic Hollywood Sign. First time on the market in over 40 years, the compound consists of an approximately 1,700 square feet stand-alone 1912 two-story craftsman home, with 3 bedrooms and 2 baths, abundant light, style, privacy and multiple outdoor entertaining spaces, and a Mediterranean style, two-story 4 unit apartment building with one 2 bedroom, 2 bath unit, a one bedroom, one bath unit and two studios, all featuring vintage architectural details such as casement windows, plaster fireplace surrounds, wrought iron accents, and abundant natural light. This is the perfect owner/user opportunity to live in the house and rent out the units, or a terrific investment opportunity in a perennially popular rental location. House and two units will be delivered vacant and rent-ready. Surrounded by mature greenery, and set back from the street, the property is superbly located just steps to the iconic Beachwood Cafe & Market, Griffith Park and Franklin Village, with commuter friendly access to major hubs of commerce and entertainment.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $2,364,931 $538.71
Other Income - -
Vacancy Loss - -
Effective Gross Income $2,364,931 $538.71
Taxes $11,140 $2.54
Operating Expenses $23,341 $5.32
Total Expenses $34,481 $7.85
Net Operating Income $2,330,450 $530.85

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $2,364,931
Annual Per SF $538.71
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $2,364,931
Annual Per SF $538.71
Taxes (CAD)
Annual $11,140
Annual Per SF $2.54
Operating Expenses (CAD)
Annual $23,341
Annual Per SF $5.32
Total Expenses (CAD)
Annual $34,481
Annual Per SF $7.85
Net Operating Income (CAD)
Annual $2,330,450
Annual Per SF $530.85

Property Facts

Price $3,013,691 CAD
Price Per Unit $602,738 CAD
Sale Type Investment
Cap Rate 6.67%
Sale Conditions
1031 Exchange
  • Redevelopment Project
Gross Rent Multiplier 12.7
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 4,390 SF
No. Stories 2
Year Built 1912
Parking Ratio 1.37/1,000 SF
Zoning LARD2

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Walking/Biking Trails

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $8,924 CAD 1,680
2+2 1 $3,268 CAD 940
1+1 1 $3,707 CAD 704
Studios 2 $1,904 CAD 452 - 528
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5580-002-005
Land Assessment
$234,440 CAD (2025)
Improvements Assessment
$551,349 CAD (2025)
Total Assessment
$785,789 CAD (2025)
Annual Taxes
$11,140 CAD ($2.54 CAD/SF)
Tax Year
2026
  • Listing ID: 39291215

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 2636 N Beachwood Dr, Los Angeles, CA 90068

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