Located at 2447 North Beachwood Drive in Los Angeles, the multifamily property consists of 14 units spanning 20,222 square feet. Recently sold for $4,150,000, the asset features townhouse-style layouts and classic mid-century elements. The property boasts a price per unit of $296,429 and a price per square foot of $205, with recent upgrades including a new roof and completed soft story retrofit.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,150,000
• Units: 14
• Price Per Unit: $296,429
• Square Footage: 20,222
• Address: 2447 North Beachwood Drive
• Market: Los Angeles

Rob Renshaw from Taksa Investment Group played a vital role in the transaction as the managing broker. With 7 vacant units, the property presents an immediate opportunity for renovation and market-rate leasing. The recent upgrades, including the new roof and completed soft story retrofit, add value to the asset and make it an attractive investment within Hollywood's Beachwood Canyon neighborhood.