1232 Smithwood Drive is a rare duplex opportunity offered at $1,950,000 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… Read More 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. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
23
Last Updated
Property Type
Other
Beds
4
Square Ft.
3,276
Lot Size
0.15 Acres
Year Built
1933
MLS Number
26754317
30 Days Snapshot Of 90035
$1.50M
-8%
(avg) sold price
3
-50%
homes sold
53
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven
Building
3,276 sq ft, Built in 1933, Levels: Multi/Split
Cooling
Central
Disclosures
As Is
Garage
Garage Is Detached
Heating
Central
Lot
LotAcreage: 0.1516, LotSizeArea: 6,603
Parking
TotalParking: 4
Property
NumberOfUnits: 2, Zoning: LAR3
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