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
$1,849,000
  • 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#:26844203
Source:CRMLS

Price summary

  • Price:$1,849,000
  • Price per sq. ft.:$564.41

About this home

1232 Smithwood Drive is a rare duplex opportunity offered at $1,849,000 in the heart of Beverlywood, just steps from Beverly Hills. BOTH UNITS ARE OCCUPIED, making this an attractive investment with immediate rental income and future upside.Situated on a quiet, tree-lined street, the property features two spacious 2-bedroom, 1-bath units with separate living and dining rooms, plus in-unit washer and dryer hookups. The interiors are largely in original condition, presenting an excellent value-add opportunity.The property qualifies for the Los Angeles luxury rent exemption, allowing annual rent increases of 5% plus CPI, and is ideal for both investors and owner-users. A buyer can occupy one unit while generating income from the other to help offset mortgage costs.The oversized lot offers strong ADU potential, while recent capital improvements include a new roof, plumbing and electrical upgrades, partial copper plumbing, and completion of the retrofit work on the property, reducing...

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Home facts

  • Year built:1933
  • Listing ID #:26844203
  • Added:36 day(s) ago
  • Updated:July 10, 2026 at 12:52 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Living area:3,276 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1933
  • Building area:3,276 sq. ft.
  • Lot area:0.15 Acres
  • Levels:Multi Split

Finances and disclosures

  • Price:$1,849,000
  • Price per sq. ft.:$564.41

Parking

  • Total parking spaces:4
Based on information from California Regional Multiple Listing Service, Inc. as of July 14, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.