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Active 0 days on market

1232 Smithwood Drive

Los Angeles, CA 90035

$1,849,000

1232 Smithwood Drive
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+18 more
4Beds
0Baths
3,276Sq Ft
0.15Acres
1933Built

About This Home

1232 Smithwood Drive is a rare duplex opportunity offered at $1,849,000 in the heart of Beverlywood, steps from Beverly Hills. Located on a quiet, tree-lined street, the property features two spacious 2-bedroom, 1-bath units with functional layouts including separate living rooms, dining rooms, and in-unit washer and dryer setups. Interiors are largely in original condition, presenting a clear value-add opportunity. The property qualifies for the Los Angeles luxury rent exemption, allowing annual increases of 5% plus CPI, and is ideal for both investors and owner-users. A buyer can occupy one unit while generating income from the other to offset mortgage costs.The oversized lot offers strong ADU potential, providing additional upside and long-term value. The property has also been well maintained, with a new roof and partial copper plumbing upgrades completed over the years.Positioned just steps from Beverly Hills and close to Beverly Drive, Robertson Boulevard, and Pico Boulevard, the property offers excellent walkability and access to top dining, shopping, and entertainment. Duplex opportunities in this pocket rarely trade, driven by limited supply and strong demand for Beverly Hills adjacent living.With owner-user appeal, ADU upside, and a premier Westside location, 1232 Smithwood Drive is a standout long-term investment opportunity.

Property Details

Property TypeResidentialIncome
Year Built1933
Living Area3,276 sq ft
Lot Size0.15 acres
Bedrooms4
Bathrooms0 full
Parking Total4
HeatingCentral
CoolingCentralAir
PoolNo
MLS #1173491317
Days on Market0 days

Location

Listed by

David Saghian

Lyon Stahl Investment Real Estate, Inc.

MLS# CLW-C134249

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.