1243 N Beachwood Drive, Los Angeles, California 90038, Los Angeles, 90038 - 4 bed, 4 bath
ACTIVE$1,490,000
1243 N Beachwood Drive, Los Angeles, California 90038
4Beds
4Baths
2,399Sqft
6,752Lot
Year Built
1914
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$621
HOA
-
Days on market
-
Sold On
-
MLS number
25542637
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.49M(93th), sqft - 2399(93th), beds - 4(93th), baths - 4(50th).
Don't let the price stop you from making an offer. Seller wants to make a move! Nice package with the house next door!
Price History
Date
Event
Price
05/22/25
Listing
$1,490,000
05/17/18
Sold
$1,300,000
Condition Rating
Poor
Built in 1914, this property is over a century old. The exterior image clearly shows significant deferred maintenance, including severely peeling paint and general disrepair, indicating a need for substantial rehabilitation. The listing's own analysis highlights 'Historic Age & Renovation Needs' and 'Potential for Deferred Maintenance.' While interior images are not provided, the exterior condition strongly suggests that all major systems, kitchen, and bathrooms would be severely outdated and require extensive repairs and modernization to meet current standards and be comfortably livable.
Pros & Cons
Pros
Prime Hollywood Location: Situated in the highly sought-after Hollywood area (MLS C20, 90038), offering excellent access to amenities, entertainment, and cultural attractions.
Motivated Seller: The seller's explicit desire to 'make a move' indicates strong potential for negotiation on price and terms, presenting an opportunity for a favorable deal.
Development/Assembly Opportunity: The unique mention of a 'nice package with the house next door' suggests a rare chance to acquire adjacent property for expansion, multi-unit development, or creating a larger private estate.
Generous Lot Size: A substantial 6,752 sqft lot provides ample outdoor space, potential for extensive landscaping, additions, or the development of an Accessory Dwelling Unit (ADU).
Spacious Living Area: With 4 bedrooms and 4 bathrooms across 2,399 sqft, the property offers a comfortable and versatile living space suitable for families or those needing extra room.
Cons
Historic Age & Renovation Needs: Built in 1914, the property is over a century old, indicating a high likelihood of requiring significant capital investment for system updates, structural maintenance, and modern renovations to meet contemporary standards.
Absence of Views: The property explicitly states 'View: None,' which can be a notable drawback in the Los Angeles market where desirable city, mountain, or ocean views often command a significant premium.
Potential for Deferred Maintenance: Given its age and the seller's motivation for a quick transaction, there's an implied risk of deferred maintenance or the need for substantial upgrades that a buyer would need to address post-purchase.