2129 N Beachwood Drive, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath
Loading property details...
2129 N Beachwood Drive
Los Angeles, California 90068
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,484Sq Ft
6,252Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,440,399
6% BelowMARKET VALUE
SUMMARY
This Spanish-style residence represents a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,440,400 Fair Market Value by 6%. This valuation gap provides $90,400 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern upgrades like copper plumbing and earthquake retrofitting. With R3 Zoning on a 6,252 SF lot, it offers significant multifamily redevelopment potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile asset in Beachwood Canyon.
Estimated Market Value
$1,440,399+$90,399 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2129 N Beachwood Drive Subject 2 bd · 2 ba · 1,484 sqft · $971 | $1,350,000* List Price | 2 | 2 | 1,484 | $971 | - |
A 6190 Temple Hill Drive Sold 2 bd · 2 ba · 1,330 sqft · $1,128 · 0.2 mi | $1,500,143 | 2 | 2 | 1,330 | $1,128 | 0.2 mi |
B 2872 Westshire Drive Sold 3 bd · 3 ba · 1,836 sqft · $910 · 0.9 mi | $1,670,000 | 3 | 3 | 1,836 | $910 | 0.9 mi |
C 5730 Cazaux Drive Sold 2 bd · 2 ba · 1,602 sqft · $1,021 · 0.6 mi | $1,635,000 | 2 | 2 | 1,602 | $1,021 | 0.6 mi |
D 2278 Fink Street Sold 2 bd · 2 ba · 1,064 sqft · $1,062 · 0.5 mi | $1,130,000 | 2 | 2 | 1,064 | $1,062 | 0.5 mi |
E 2230 Fink Street Sold 3 bd · 1 ba · 1,230 sqft · $1,179 · 0.5 mi | $1,450,000 | 3 | 1 | 1,230 | $1,179 | 0.5 mi |
F 5944 Manola Way Sold 3 bd · 3 ba · 1,929 sqft · $829 · 0.3 mi | $1,600,000 | 3 | 3 | 1,929 | $829 | 0.3 mi |
G 2364 Canyon Sold 2 bd · 1 ba · 1,100 sqft · $1,036 · 0.5 mi | $1,139,850 | 2 | 1 | 1,100 | $1,036 | 0.5 mi |
H 6149 W Glen Holly Street Sold 2 bd · 1 ba · 924 sqft · $1,113 · 0.6 mi | $1,028,000 | 2 | 1 | 924 | $1,113 | 0.6 mi |
I 6335 Grape Place Active 2 bd · 2 ba · 1,556 sqft · $874 · 0.5 mi | $1,359,999 List Price | 2 | 2 | 1,556 | $874 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure dates to 1923, the property is well-maintained and move-in ready. It features significant system upgrades including copper plumbing, earthquake retrofitting, and a newer roof. The kitchen and bathrooms have been updated within the last 5-15 years with modern cabinetry, stone counters, and stainless steel appliances, balancing period charm with functional modern living.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character & Modern Upgrades
This 1923 Spanish-style residence beautifully preserves its historic charm with original Malibu tile and arched windows while featuring critical modern infrastructure updates including earthquake retrofitting, copper plumbing, and a newer roof.
- Significant Development Potential
Zoned R3 on a generous 6,250 SF lot, the property offers a rare investment opportunity for multifamily redevelopment, potentially allowing for a fourplex plus ADUs in a highly sought-after Beachwood Canyon location.
- Versatile Work-from-Home Layout
The property includes a dedicated sunroom and a separate outdoor guest office, providing the flexible living and creative space highly coveted by modern professionals in the Los Angeles market.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two bedrooms, the home may face challenges attracting larger families or buyers who require more traditional sleeping quarters at the $1.35M price point.
- Redevelopment Regulatory Hurdles
While the R3 zoning is a major asset, any multifamily development is subject to complex city approvals and independent verification, which can be a time-consuming and costly process in the Hollywood Hills.
About 2129 N Beachwood Drive
CHARMING SPANISH-STYLE HOME IN THE HEART OF BEACHWOOD CANYON! Discover this character-filled 2-bedroom, 2-bathroom Spanish-style residence featuring an additional sunroom and separate outdoor guest office, nestled among lush, mature landscaping in one of Los Angeles' most desirable neighborhoods. Situated on an approximately 6,250 SF lot, this unique property offers a wonderful combination of architectural charm, privacy, and versatility. From the moment you enter the inviting courtyard, you'll appreciate the home's distinctive character, featuring beautiful arched windows and doorways, original Malibu tile, hardwood floors, period built-ins throughout, and an abundance of natural light. The warm and inviting living spaces are complemented by a wood-burning fireplace, while the charming breakfast nook provides a cozy setting for morning coffee and casual dining. The sunroom offers additional flexible living space, and the separate outdoor guest office provides an ideal setting for working from home or pursuing creative interests. Additional improvements include a newer roof, copper plumbing, updated bathrooms, upgraded windows, an updated library room, and earthquake retrofitting. Surrounded by beautiful greenery and mature trees, the property offers a peaceful retreat while remaining just minutes from Griffith Park, Los Feliz, Hollywood, popular restaurants, shopping, and entertainment. Whether you're looking for a charming home to make your own, an opportunity to enhance an existing Spanish residence, or a property with future development potential, 2129 N Beachwood offers exceptional possibilities. Zoned R3, the approximately 6,250 SF lot also presents potential for multifamily redevelopment, including a fourplex plus ADUs, subject to city approval. A rare opportunity to own a distinctive Spanish home in the heart of Beachwood Canyon! Buyer to independently verify all property information, zoning, and development potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 6,252 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cheremoya Avenue Elementary School
Grades K-6 • 0.3 mi
6/10
Grant Elementary School
Grades K-6 • 0.8 mi
4/10
Selma Avenue Elementary School
Grades K-6 • 1.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,484 | 1,670.836 |
| Lot Size | 6,252 | 6,152.156 |
| Price | $1.35M | $1.34M |
| Price per sq ft | $910 | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Pricing History
Listed for Sale
Oct 22, 2026
$1,350,000
Initial Listing
Sold
May 2, 1997
$262,500
Public Record