1232 Smithwood Dr, Los Angeles, CA 90035

1232 Smithwood Dr, Los Angeles, CA 90035

Los Angeles, CA
$1,849,000

Property Description

Great Owner-User Opportunity in the heart of Beverlywood, adjacent to Beverly Hills. 1232-1234 Smithwood Drive is a well-located duplex featuring two spacious 2-bedroom, 1-bath units, each with an additional bonus room/den that can function as a third bedroom, plus in-unit washer/dryer. The upstairs unit will be delivered vacant at close, providing an excellent opportunity for an owner-user or investor to lease at market rent. The downstairs unit is currently leased at $3,538/month. The property is subject to AB 1482 and benefits from a luxury rent exemption allowing annual rent increases of 5% + CPI. Situated on a 6,603 SF lot with potential to add ADU(s) for additional income. Conveniently located near Robertson Blvd, Pico Blvd, Century City, Culver City, and Beverly Hills. Buyer to independently verify all information. Contact listing agent for additional photos of vacant unit.

Property Features

  • Sale Price: $1,849,000
  • Area Size: 3,276 sq ft
  • Land Area: 6,603 sq ft
  • Year Built: 1933
  • Units: 2

Lyon Stahl Investment Real Estate

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