Great Owner-User Opportunity in the heart of Beverlywood, adjacent to Beverly Hills. 1232-1234 Smithwood Drive is a well-located duplex featuring two spacious 2-bedroom, 1-bath units, each with an additional bonus room/den that can function as a third bedroom, plus in-unit washer/dryer. The upstairs unit will be delivered vacant at close, providing an excellent opportunity for an owner-user or investor to lease at market rent. The downstairs unit is currently leased at $3,538/month. The property is subject to AB 1482 and benefits from a luxury rent exemption allowing annual rent increases of 5% + CPI. Situated on a 6,603 SF lot with potential to add ADU(s) for additional income. Conveniently located near Robertson Blvd, Pico Blvd, Century City, Culver City, and Beverly Hills. Buyer to independently verify all information. Contact listing agent for additional photos of vacant unit.
Listing courtesy of Listing Agent: David Saghian (dsaghian@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.