1232 Smithwood DR, Los Angeles, CA 90035
1232 Smithwood DR, Los Angeles, CA 90035
1232 Smithwood DR, Los Angeles, CA 90035
1232 Smithwood DR, Los Angeles, CA 90035
1232 Smithwood DR, Los Angeles, CA 90035
1232 Smithwood DR, Los Angeles, CA 90035
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Thomas Ryan

Thomas Ryan

+1(909) 334-2049
$ 1,950,000
Est. payment | /mo

4 Beds

2 Baths

3,276 SqFt

Save
$ 1,950,000
Est. payment | /mo
Save

4 Beds

2 Baths

3,276 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 3,276 sqft

Price per Sqft $595

MLS Listing ID 26754317

Bedrooms 4

HOA Y/N No

Year Built 1933

Lot Size 6,603 Sqft

Property Description

1232 Smithwood Drive is a rare duplex opportunity offered at $1,950,000 in the heart of Beverlywood, directly adjacent to Beverly Hills. Located on a quiet, tree-lined street, the property consists of two spacious 2-bedroom, 1-bath units and qualifies for the Los Angeles luxury rent exemption, allowing annual rent increases of 5% plus CPI. This makes it an ideal opportunity for both investors and owner-users alike. The property is perfect for an owner-user looking to live in one unit while collecting rental income from the second unit to help offset the mortgage. The oversized lot also offers excellent future ADU potential in the rear, giving buyers the opportunity to add additional units and create even more long-term value.Located just steps from Beverly Hills, Beverlywood, and the dining, shopping, and entertainment options along Beverly Drive, Robertson Boulevard, and Pico Boulevard, the property offers an exceptional combination of location, walkability, and lifestyle. Duplex opportunities in this neighborhood rarely trade due to limited supply and strong demand from buyers seeking Beverly Hills adjacent living at a more accessible price point. With owner-user appeal, ADU upside, luxury rent exemption benefits, and a premier Westside location, 1232 Smithwood Drive is a standout long-term investment opportunity.

Location

State CA

County Los Angeles

Area C09 - Beverlywood Vicinity

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Refrigerator

Exterior

Total Parking Spaces 4

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4330026019

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252

Nearby Locations

Thomas Ryan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 334-2049

thomas@thomasryan.realestate

4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States

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1232 Smithwood DR

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