$1,900,000 Price Analysis   ♡   Los Angeles, CA 90038 Unknown bed 0 bath unknown SqFt ($0/SqFt) 6,755SqFt lot. Listed 2024-02-02, Taxes $15,564 | Ⓧ USDA Ineligible due to property near Los Angeles |
Centrally located on N Beachwood Dr
This property offers a coveted address with close proximity to Hollywood's vibrant entertainment and cultural scene. This blank canvas provides unlimited possibilities for creative development or renovation, catering to the vision of innovative developers and investors. The flexible space allows for various unit configurations, making it suitable for upscale apartments, boutique condominiums or a stunning single-family residence. Conveniently situated in Hollywood, thoughtful parking solutions can be implemented to ensure accessibility for residents. With Hollywood's dynamic atmosphere, this property is poised to become part of the cultural heartbeat of the city, appealing to a diverse demographic. Positioned in a growing neighborhood, 1222 N Beachwood Dr offers a strategic investment opportunity, capitalizing on Hollywood's ongoing revitalization. This development site provides a unique chance to shape a resdential masterpiece in one of Los Angeles' most iconic neighborhoods. Seize the opportunity to contribute to the dynamic tapestry of Hollywood. This property is located in an Opportunity Zone!
Qualified Opportunity Funds (QOF) and 1031 Exchange Buyers expect to be able to take advantage of unique tax benefits if held or more than ten years. Investors may eliminate all capital gains accrued with the Ozone property from the day of purchase. All buyers and investors must conduct their own due diligence of the opportunity zone regulations and consult their respective consultants. Our team can refer O- Zone specialists, if needed.
Presented by Daniel Baird at
Sperry Van Ness.
Property MLS #24-354347 from TheMLSCLAW
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6755
Calculated Total Monthly Association Fees: 0
County: Los Angeles
Directions: Starting from Sunset Boulevard, head south on N Gower St. Turn left on Fountain Ave and then Right on Beachwood Dr.
Source Property Type: Land
Area: Hollywood
Source Neighborhood: Hollywood
Parcel Number: 5534-013-018
Postal Code Plus 4: 1812
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $1,313,973 $1,313,973 | $15,564 |
| 2021 | $unknown + $1,288,209 $1,288,209 | $15,570 |
| 2020 | $unknown + $1,275,000 $1,275,000 | $15,729 |
| 2019 | $unknown + $1,250,000 $1,250,000 | $16,356 |
| 2018 | $178,500 + $765,000 $943,500 | $11,594 |
| 2017 | $175,000 + $750,000 $925,000 | $12,271 |
| 2016 | $38,983 + $348,584 $387,567 | $4,890 |
| 2015 | $38,398 + $343,348 $381,746 | $4,821 |
| 2014 | $37,646 + $336,623 $374,269 | $4,851 |
| 2013 | $37,476 + $335,102 $372,578 | $4,845 |
| 2012 | $36,742 + $328,532 $365,274 | $4,909 |
| 2010 | $36,022 + $322,091 $358,113 | $4,817 |
| 2009 | $35,838 + $320,444 $356,282 | $4,632 |
| 2009 | $35,753 + $319,684 $355,437 | $4,632 |
| 2008 | $136 + $314,161 $314,297 | $3,937 |
| 2007 | $134 + $308,001 $308,135 | $3,805 |
$1,900,000
TheMLSCLAW
Listed 2024-02-02
$1,985,000
TheMLSCLAW
Listing removed 2023-06-30
$0
TheMLSCLAW
Price Changed 2022-03-04
$2,200,000
TheMLSCLAW
Listed 2022-01-05
$2,300,000
TheMLSCLAW
Listing removed 2018-12-14
$0
TheMLSCLAW
Sold 2018-11-06
$1,250,000
Public Record
Listing removed 2018-10-20
$0
TheMLSCLAW
Price Changed 2018-09-25
$1,275,000
TheMLSCLAW
Price Changed 2018-09-25
$1,275,000
TheMLSCLAW
Listed 2018-08-06
$1,400,000
TheMLSCLAW
Listed 2018-08-06
$1,400,000
TheMLSCLAW
Listing removed 2016-10-19
$1,000,000
TheMLSCLAW
Sold 2016-09-19
$925,000
TheMLSCLAW
Listed 2016-07-21
$1,000,000
TheMLSCLAW
Sold 1988-11-22
$220,000
Public Record
Sold 1980-11-21
$53,000
Public Record
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.