Property Detail

Description

1232 Smithwood Drive is a rare duplex opportunity offered at $1,950,000 in the heart of Beverlywood, directly adjacent to Beverly Hills. Located on a quiet, tree-lined street, the property consists of two spacious 2-bedroom, 1-bath units and qualifies for the Los Angeles luxury rent exemption, allowing annual rent increases of 5% plus CPI. This makes it an ideal opportunity for both investors and owner-users alike. The property is perfect for an owner-user looking to live in one unit while collecting rental income from the second unit to help offset the mortgage. The oversized lot also offers excellent future ADU potential in the rear, giving buyers the opportunity to add additional units and create even more long-term value.Located just steps from Beverly Hills, Beverlywood, and the dining, shopping, and entertainment options along Beverly Drive, Robertson Boulevard, and Pico Boulevard, the property offers an exceptional combination of location, walkability, and lifestyle. Duplex opportunities in this neighborhood rarely trade due to limited supply and strong demand from buyers seeking Beverly Hills adjacent living at a more accessible price point. With owner-user appeal, ADU upside, luxury rent exemption benefits, and a premier Westside location, 1232 Smithwood Drive is a standout long-term investment opportunity.