1239 N Beachwood Drive, Los Angeles, California 90038, Los Angeles, 90038 - 4 bed, 2 bath
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Los Angeles, California 90038
This property presents a High-Potential Investment Opportunity with a List Price of $1,490,000—positioned well below the $1,496,842 Fair Market Value by 0.46%. This valuation gap offers $6,842 in Instant Equity. Featuring a Fair Condition Rating (4/10), the 1920-built home requires cosmetic modernization and infrastructure updates. The generous 6,752 sqft lot provides significant upside for expansion or ADU development in a prime Hollywood location. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1239 N Beachwood Drive Subject | $1,490,000* List Price | 4 | 2 | 1,635 | $915 | - |
A 716 N June Street Sold | $1,800,000 | 3 | 3 | 1,786 | $1,008 | 1.0 mi |
B 6021 Romaine Street Active | $1,550,000 List Price | 4 | 2 | 1,512 | $1,025 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, the property shows clear signs of deferred maintenance and age. The exterior stucco is weathered, porch columns have peeling paint, and the landscaping is unkempt. While a rooftop HVAC unit suggests some system updates, the overall appearance indicates the home is dated and requires minor repairs and cosmetic modernization to meet current market standards.
The listing explicitly invites offers and states the seller is eager to move, providing a significant opportunity for buyers to negotiate favorable terms and pricing.
Located on the iconic N Beachwood Drive in the C20 Hollywood area, the property offers high desirability and proximity to major entertainment hubs and amenities.
The 6,752 square foot lot is generous for this central urban location, offering ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Built in 1920, the property likely requires significant updates to its core systems, such as plumbing, electrical, and foundation, to meet modern building standards.
At a list price of $1.49M for 1,635 square feet, the property is priced at a premium that may be difficult to justify without extensive recent renovations.
Don't let the price stop you from making an offer. Seller wants to make a move!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,635 | 1,672 |
| Lot Size | 6,752 | 6,067 |
| Price | $1.49M | $1.37M |
| Price per sq ft | $911 | $801 |
| Built year | 1920 | 1939 |
| HOA | $0 | $348 |
| Days on market | 10 | 56 |
Jul 12, 2026
$1,490,000
Initial Listing
Apr 26, 2018
$1,300,000
Public Record
May 6, 2016
$900,000
Public Record