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.
| MLS # | 26871075 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1933 |
| Days On Site | 82 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | David Saghian |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 3,598 |
| Garage | 4 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.15 |
| Cooling | None |
|---|---|
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Dishwasher |
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90035 |
| Area | C09 Beverlywood Vicinity |
| Listing VS Median (in 90035) | |
Price: $1,795,000 low | high Med: $7,249 sqft: 3,598 low | high Med: 2,268 $ / sqft: $499 low | high Med: $3 On site: 82 low | high Med: 86 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90035 |
| Area | C09 Beverlywood Vicinity |
| Listing VS Median (in 90035) | |
Price: $1,795,000 low | high Med: $7,249 sqft: 3,598 low | high Med: 2,268 $ / sqft: $499 low | high Med: $3 On site: 82 low | high Med: 86 | |