1222 Beachwood Drive

Los Angeles, CA 90038

$1,900,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $281 / sqft

calendar_month Built

Property Description

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 endless 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 residential 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1222 Beachwood Drive
City Los Angeles
State CA
Zip 90038
County Los Angeles
Listing Agent Daniel Baird DRE#01249675
Courtesy Of Sperry Van Ness
MLS 24354347
List Price $1,900,000
Status Active
Type Land
Structure Size N/A
Lot Size 6,755
DOM 57

Exterior Information

Maps

Listing information courtesy of: Daniel Baird, Sperry Van Ness . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 29th, 2024 at 7:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.