Hollywood Development Opportunity: 11
For Sale
$1,985,000
1222 N Beachwood Dr, Los Angeles, CA 90038
Development opportunity in Hollywood with entitlements for 11 units.
Property Size6,752 SF
Price / SF$293.99
Days on Market260
Property Features for 1222 N Beachwood Dr
General Information
Standard status
Active
Size
6,752 SF
Property subtype
Land
Listing Agency:
SVN | Rich Investment Real Estate Partners Los Angeles
(818) 606-0244
Listed By:
Alejandro Hinostroza · License #CalDRE #01853793
(818) 606-0244
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Jul 16 at 6:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Rich Investment Real Estate Partners Los Angeles
Investment Insights
Based on property information with market context.
Located in the Hollywood submarket, this development opportunity features entitlements for 11 units. The proposed development includes a modern, contemporary design with a 3-story mid-rise wood-frame podium style structure and subterranean parking. The architectural set, schematics, and budgets are available upon request. The development is planned for 8 market-rate units and 3 low-income units. The market-rate units include two 1-bedroom/1-bathroom units, one 2-bedroom/2-bathroom unit, and five 3-bedroom/3-bathroom units. The low-income units include two 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit. The lot size is approximately 6,752 square feet and is zoned R3. Currently, the land is vacant. The estimated gross area of the proposed development is 11,083 square feet. Proposed parking includes 14 spaces for cars and 24 spaces for bicycles. The property is located in the Hollywood Studio District neighborhood and is near Hollywood attractions, Santa Monica and Sunset Boulevards, the 101 freeway, Hollywood Playground, Hollywood Recreation Center, and the Rudolph Valentino Memorial. The location has a Walk Score of 89, indicating it is very walkable.
Key Highlights
- RTI permits deliverable by close of escrow (estimated 3 months to obtain, permits paid by Buyer).
- Approved development opportunity for 11 modern units (8 market rate, 3 low income) with complete architectural set, schematics, and budgets available.
- Located in the heart of Hollywood, a highly desirable and walkable area (Walk Score of 89).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Development opportunity in Hollywood with entitlements for 11 units.
Where is this land located?
The property is located at 1222 N Beachwood Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: RTI permits deliverable by close of escrow (estimated 3 months to obtain, permits paid by Buyer).; Approved development opportunity for **11 modern units** (8 market rate, 3 low income) with complete architectural set, schematics, and budgets available.; Located in the heart of Hollywood, a highly desirable and walkable area (**Walk Score of 89**).
