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2271 North Beachwood Drive

2271 North Beachwood Drive, Los Angeles, CA 90068
Multifamily in Hollywood United
Local assessors in Los Angeles, CA have categorized 2271 North Beachwood Drive as a residential type of property. The home was built in 1932 and is 92 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 6,498 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2271 North Beachwood Drive has a total of 4,155 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on air conditioning for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2271 North Beachwood Drive sold most recently in Jul 23, 2021 for a total of $2,550,000. If you work out the math, that's approximately a cost of $613.72 per sqft. Before that, the property was also sold for $3,900,000 in Jun 16, 2015. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $30,451 in taxes each year. The initial year of tax delinquency occurred in 2019. 2271 North Beachwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,601,000. If we break it down further, the land itself was valued at $1,173,000. Improvements to the property, however, were assessed at a total of $1,428,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Assigned Parking
Carport
Covered Parking
Tandem Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210119
01/19/2021
Studio
-
-
$5,995,000
bedrooms
Studio
bathrooms
-
$2,550,000 -57.46%
08/06/2021
Joshua Myler
The Agency

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,498
  • Total Building Area: 4,155
  • Gross Building Area: 4,155
  • Building Area: 4,155
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,155
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEACHWOOD PARK
  • Land Acres: 0.149
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: BEACHWOOD PARK S 50 FT OF E 130 FT OF LOT/SEC 2

Ownership

  • Current Owner : SEO KENNETH Y
  • Current Owner 2: SEO ENJA
  • Previous Owner : SHAMSHIRI RAMIN PAOLA
  • Previous Owner 2: LANGLEY DONNA FRANCES
  • Owner Before Previous Owner: P & TK PROPERTIES LLC
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189400

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 34-D2
  • Parcel: 5585-020-015
  • Lot: 2
  • Municipality: EAST /LA LAKE HOLYWD
  • Latitude: 34.1122
  • Longitude: -118.322

    Address

  • Full Address: 2271 N Beachwood Dr
  • Address - House Number: 2271
  • Street Direction: N
  • Address - Street Name: Beachwood
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C017
  • 4-Digit Zip Code: 2954
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,451
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,590,937
  • High Value: 3,175,890
  • Low Value: 2,005,985

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,272,750
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $1,272,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,601,000
  • Assessed Land Value: $1,173,000
  • Assessed Improvements Value: $1,428,000

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11846369805
  • Current Sale Price: $2,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1209015
  • Previous Sale Recording Date: Jul 02, 2015
  • Previous Sale Contract Date: Jun 16, 2015
  • Previous Sale Amount: $3,900,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $1,272,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Central LA



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Frequently Asked Questions

What neighborhood is 2271 North Beachwood Drive located in?
The 2271 North Beachwood Drive is a multifamily located in the neighborhood of Hollywood United in Central LA, Los Angeles.
What is the average sales price for listings in 2271 North Beachwood Drive?
The average sales price for units in 2271 North Beachwood Drive is $5,995,000 currently.

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