1232 Smithwood Drive, Los Angeles, CA 90035
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1232 Smithwood Drive,Los Angeles, CA 90035
$1,950,000
- 4 Beds
- 2 Baths
- 3,276 sq. ft.
- Multi-family
- Active
Listed by: david saghian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26754317
Source:CRMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$595.24
About this home
1232 Smithwood Drive is a rare duplex opportunity offered at $1,950,000 in the heart of Beverlywood, directly adjacent to Beverly Hills. Located on a quiet, tree-lined street, the property consists of two spacious 2-bedroom, 1-bath units and qualifies for the Los Angeles luxury rent exemption, allowing annual rent increases of 5% plus CPI. This makes it an ideal opportunity for both investors and owner-users alike. The property is perfect for an owner-user looking to live in one unit while collecting rental income from the second unit to help offset the mortgage. The oversized lot also offers excellent future ADU potential in the rear, giving buyers the opportunity to add additional units and create even more long-term value.Located just steps from Beverly Hills, Beverlywood, and the dining, shopping, and entertainment options along Beverly Drive, Robertson Boulevard, and Pico Boulevard, the property offers an exceptional combination of location, walkability, and lifestyle. Duplex opportunities in this neighborhood rarely trade due to limited supply and strong demand from buyers seeking Beverly Hills adjacent living at a more accessible price point. With owner-user appeal, ADU upside, luxury rent exemption benefits, and a premier Westside location, 1232 Smithwood Drive is a standout long-term investment opportunity....
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Home facts
- Year built:1933
- Listing ID #:26754317
- Added:1 day(s) ago
- Updated:April 20, 2026 at 07:36 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Kitchen Description:Refrigerator
- Living area:3,276 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1933
- Building area:3,276 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$595.24
Parking
- Total parking spaces:4
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