Map of Property

1222 N Beachwood Dr

1222 N Beachwood Dr, Los Angeles, CA 90038

  • For Sale $1,985,000
  • Property Type VacantLand
  • Lot Size 0.16 Acre
  • Date Updated Feb 21, 2024
1222 North Beachwood Drive has a Walk Score of 89 out of 100, Very Walkable and is expected that most errands can be accomplished on foot. Area is regarded as the Hollywood Studio District neighborhood in Los Angeles. It is in close proximity to many Hollywood attractions, Santa Monica and Sunset Boulevards, the 101 freeway and nearby parks including Hollywood Playground, Hollywood Recreation Center and Rudolph Valentino Memorial.SVN is pleased to present 1222 N Beachwood Dr., Los Angeles, CA 90038, located in the heart of the world renowned Hollywood submarket. This unique development opportunity consists of 11 units with a modern contemporary design, featuring a 3 story mid-rise wood-frame podium style structure and subterranean parking. Entitlements are essentially complete with full architectural set, schematics and budgets (documents available upon request) for 8 Market Rate and 3 Low Income units. RTI (ready to issue) permits can be delivered by close of escrow with an estimated 3 months left to obtain (permits paid by Buyer). The lot size is approximately 6,752 SF, zoned R3 and currently contains no structure on the land offering Investors the advantage of not having the financial burden to negotiate buy-outs with tenants nor require any additional demolition. Property location is rated as Very Walkable with a Walk Score of 89 and is an Opportunity Zone (Potential Tax Benefits). **All buyers all buyers and investors must conduct their own due diligence of the opportunity zone regulations and consult their respective consultants.

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Highlights

  • Proposed Development for 11 units: 8 (Market Rate): 2 (1+1), 1 (2+2), 5 (3+3) AND 3 (Low Income): 2 (1+1), 1 (2+2)
  • Estimated Gross Area of Proposed Development: 11,083 SF (Proposed architectural set, schematics, etc. available upon request)
  • Walk Score: 89 (Very Walkable) and Located In Opportunity Zone
  • Proposed Parking: 14 and Proposed Bicycle Parking: 24

Contacts

broker

Alejandro Hinostroza BRE # 01853793

SVN | Rich Investment Real Estate Partners

(310) 873-3977

Location

Getting Around

  • Walk Score ®

    90/100 Walker's Paradise

  • Transit Score ®

    65/100 Good Transit
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Hollywood
  • Zip Code 90038
  • Market Los Angeles

Points of Interest

  • Hollywood/Vine

    0.61 miles

  • Hollywood/Western

    0.89 miles

  • Hollywood/Highland

    1.20 miles

  • Vermont/Santa Monica

    1.67 miles

  • Vermont/Santa Monica North Entrance

    1.67 miles

  • Vermont/Santa Monica South Entrance

    1.69 miles

  • Vermont/Sunset Entrance

    1.69 miles

  • Vermont/Sunset

    1.72 miles

  • Vermont/Beverly

    2.02 miles

  • RideShare Pickup/Dropoff Point

    2.16 miles

  • Mobil

    0.38 miles

  • Mobil

    0.40 miles

  • Shell

    0.57 miles

  • Valero

    0.79 miles

  • Arco

    0.82 miles

  • Mobil

    0.84 miles

  • 76

    0.88 miles

  • Arco

    0.96 miles

  • Arco

    1.03 miles

  • Chevron

    1.04 miles

  • Sunset Bronson Studios Lot 6

    0.32 miles

  • Sunset Bronson Studios Parking Structure

    0.37 miles

  • Lemon Grove Parking

    0.49 miles

  • "B" Tank

    0.55 miles

  • Gower Parking Structure

    0.56 miles

  • Visitor Parking

    0.58 miles

  • Van Ness Parking

    0.63 miles

  • Plaza Parking

    0.65 miles

  • Pickford Parking

    0.66 miles

  • West Bronson Parking

    0.67 miles

  • Hollywood Palms

    0.35 miles

  • Hollywood Panorama Suites

    0.37 miles

  • Hampton Inn & Suites

    0.38 miles

  • Villa Delle Stelle

    0.40 miles

  • The Godfrey Hotel Hollywood

    0.52 miles

  • Le Bon Hotel

    0.53 miles

  • Banana Bungalow Hollywood

    0.56 miles

  • Dunes Inn

    0.60 miles

  • W Hotel

    0.61 miles

  • Hostel Californa

    0.65 miles

  • Subway

    0.18 miles

  • Lucifer's Pizza

    0.30 miles

  • Kebab Daddy

    0.30 miles

  • Noodle World

    0.31 miles

  • Taco Bell

    0.31 miles

  • Kickin' Crab

    0.31 miles

  • El Pollo Loco

    0.32 miles

  • Tamarind Ave. Deli

    0.32 miles

  • Denny's

    0.33 miles

  • Delancey

    0.33 miles

  • Joseph Le Conte Middle School

    0.26 miles

  • The Episcopal School of Los Angeles

    0.41 miles

  • Bernstein High School

    0.41 miles

  • Stratford School

    0.41 miles

  • Santa Monica Elementary School

    0.42 miles

  • Vine Street Elementary School

    0.50 miles

  • Gnomon — School of Visual Effects, Games & Animation

    0.54 miles

  • The Los Angeles Film School

    0.56 miles

  • Grant Elementary School

    0.66 miles

  • LOS ANGELES MAKE-UP SCHOOL

    0.76 miles

  • Vine Street Early Education Center

    0.44 miles

  • Komitas

    2.00 miles

  • Neighborhood Nursery School

    3.33 miles

  • Inti Wasi Preschool

    4.65 miles

  • Gan Yaffa

    5.00 miles

  • Disney Day Care

    5.02 miles

  • Coldwater Preschool

    5.20 miles

  • HIC Daycare

    5.21 miles

  • Play Mountain Place

    5.27 miles

  • Valentina's Preschool

    5.31 miles

Frequently Asked Questions

What is the lease rate for 1222 N Beachwood Dr?

Rental asking rate at 1222 N Beachwood Dr is $992,500.00/YR.

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Contact Listing Broker

broker

Alejandro Hinostroza BRE # 01853793

SVN | Rich Investment Real Estate Partners

(310) 873-3977