Property listed by Compass, Dominique Steinberg 310-820-0195
$2,300,000
Discover a hidden gem in the enchanting hills of Beachwood Canyon, where this unique home fuses vibrant Japanese design elements with an industrial flair. Nestled on a spacious lot, this nearly 3,000-square-foot residence offers panoramic views of the Hollywood Hills, Griffith Observatory, Downtown Los Angeles, and the iconic Hollywood Sign,… Read More all framed by lush landscaping and expansive decks. Upon arrival, you'll pass through tall bamboo trees, cross a charming bridge, and enter a living room that feels like it's floating amidst the clouds, thanks to the fantastic indoor-outdoor flow enhanced by oversized industrial doors. The first floor features a sophisticated Bulthaup-style wet bar and an open kitchen and dining area. A playful pink junior suite with spacious ensuite bathroom and walk in closet and a second bathroom with walls and floors of polished concrete complete this level. The lower level of the house has two separate entrances that offer great potential for an Accessory Dwelling Unit (ADU) or Air BNB rentals. The property previously generated substantial rental income of over $100K annually on rental platforms. For specific rental details on how the owners rented out up to 4 of the unique spaces at a time contact listing agents. Consider this a dream home with income property potential; the second level includes two bedrooms and two bathrooms, a secondary prep kitchen, a cozy den, and home office with kitchenette (or possible 3rd bedroom) all with hillside views. Each bedroom has a mixture of vintage timber radiant flooring and concrete floors that lead out to a wrap-around wood deck that spans all living spaces. Unique to the property are the shoji style wood patio doors and custom metal panoramic doors crafted by Japanese artisans. There is also a second lower level deck with an endless pool in need of updating. The pool deck has a commanding view of the Hollywood sign. Consider the versatility of this property as a single family home or make it your income generating investment property with its Japanese Wabi Sabi decor that make it truly unexpected! Additional property features include an attached two car garage, gated driveway parking, tropical vegetation, koi ponds, 3 tankless water heaters, and security cameras throughout. Ample street parking for guests. Whether you're an artist seeking creative inspiration or looking for investment potential where you can live in one home and periodically rent out the other one for positive cash flow, this residence invites you to make it your own. Read Less
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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