1222 Beachwood Drive, Los Angeles, CA 90038
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1222 Beachwood Drive,Los Angeles, CA 90038
$1,700,000
- 0.15 Acres
- Lots / Land
- Active
Listed by: paul matusik
Office: prime desert estates
MLS#:219136692DA
Source:CRMLS
Price summary
- Price:$1,700,000
About this home
Prime Net Lease is pleased to present 1222 N Beachwood Dr, anexceptional residential development opportunity with RTI (ready-to-issue)permits in place, located in the highly coveted Hollywood 90038 zipcode. The project is fully entitled, including a complete architectural set,schematics, and budgets (available upon request), and is approved for 8Market Rate and 3 Low Income units. This modern 4-story developmentwill feature 11 thoughtfully designed units with a well-balanced unit mix,and first-floor parking with 14 vehicle spaces and 24 bicycle spaces (20long-term and 4 short-term).With a total area of 11,107 square feet and 9,547 square feet of livablespace, this opportunity appeals to a diverse range of tenants seeking toexperience Hollywood's vibrant cultural scene. The 6,752-square-foot lotis zoned R3 and contains no existing structure, sparing investors thefinancial burden of tenant buy-outs or demolition. The property's locationis rated as Very Walkable, with a Walk Score of 88.Located within an Opportunity Zone and designated as a TOC Tier 2area, 1222 N Beachwood Dr offers strategic tax incentives (Buyer toverify) and increased density options that align with the city's vision forurban growth and housing. The flexible layout allows for variousconfigurations, supporting the development of upscale apartments,boutique condominiums, or custom-designed units that cater toHollywood's diverse population of professionals, creatives, and families.On-site parking adds convenience and accessibility for residents--aninvaluable feature in this high-demand neighborhood.The property's prime Hollywood location places it within close proximityto iconic landmarks like the Hollywood Walk of Fame, Sunset Boulevard,and Melrose Avenue, providing easy access to an array of dining,entertainment, and shopping options. The area's strong rental demandand ongoing revitalization make this project a promising investment,positioned for both immediate appeal and long-term appreciation.This development site offers investors a unique opportunity to contributeto Hollywood's transformation, capturing the essence of L.A.'s dynamiclifestyle while establishing a residential landmark in one of the city's mostdesirable neighborhoods.
Contact an agent
Home facts
- Listing ID #:219136692DA
- Added:42 day(s) ago
- Updated:November 21, 2025 at 03:31 PM
Structure and exterior
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,700,000
New listings near 1222 Beachwood Drive
- New
$3,995,000Active4 beds 5 baths5,267 sq. ft.3685 Mandeville Canyon Road, Los Angeles, CA 90049
MLS# 25620981Listed by: RODEO REALTY- BRENTWOOD - New
$599,000Active2 beds 2 baths760 sq. ft.5847 Ernest Avenue, Los Angeles, CA 90034
MLS# CL25620471Listed by: TRG REAL ESTATE CO., INC. - New
$3,499,999Active4 beds 5 baths4,000 sq. ft.3021 Stanford Avenue, Marina Del Rey, CA 90292
MLS# CL25620773Listed by: SOTHEBY'S INTERNATIONAL REALTY - New
$535,000Active2 beds 2 baths921 sq. ft.981 S St Andrews Place #201, Los Angeles, CA 90019
MLS# CL25621107Listed by: SKY COMMERCIAL REALTY - New
$895,000Active2 beds -- baths1,080 sq. ft.3828 Goldwyn Terrace, Culver City, CA 90232
MLS# CL25621291Listed by: EAST WEST ESTATES - New
$2,850,000Active8 beds 8 baths3,600 sq. ft.346 Laveta Terrace, Los Angeles, CA 90026
MLS# 25621059Listed by: KELLER WILLIAMS REALTY LOS FELIZ - New
$3,995,000Active29 beds 23 baths13,422 sq. ft.14924 Roscoe Boulevard, Panorama City, CA 91402
MLS# 25621221Listed by: MAHER COMMERCIAL REALTY - New
$1,900,000Active4 beds 6 baths4,567 sq. ft.10430 La Canada Way, Burbank, CA 91040
MLS# CRP1-24988Listed by: COMPASS - Open Sat, 1 to 3pmNew
$750,000Active3 beds 4 baths2,037 sq. ft.7331 1/2 Tampa Avenue, Reseda, CA 91335
MLS# AR25261089Listed by: RE/MAX PREMIER PROP ARCADIA - New
$1,249,000Active-- beds -- baths3,377 sq. ft.815 W G Street, Wilmington, CA 90744
MLS# DW25264305Listed by: VIP RE FIRM