342 N Oakhurst DR Active

Beverly Hills,CA 90210

$ 3600000

5 Beds

8 Baths

5305 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,305 sqft

Price per Sqft $678

MLS Listing ID 25494335

Bedrooms 5

HOA Y/N No

Year Built 1939

Lot Size 7,727 Sqft

Property Description

Prime Beverly Hills location, N. of Wilshire. Property has been in Seller's Family Trust since 1985. Selling with additional APN 4335-007-015. Charming Property with meticulously renovated units. Some units were designed by award winning architect from Rome, Italy. Significant (27%) upside in rents. 14.6 x gross and 4.5% cap with existing rents; 11.5 x gross and 6.25% cap with rents at market. New roof in 2022; replaced sewer line in 2020; new rain gutters in 2024. Value-Add: Potential to add two ADUs on top of the garages (Buyer to confirm). The City line separating City of Beverly Hills from City of Los Angeles runs through the property. Part of the Property is in the City of Beverly Hills (parcel # 4335-007-015) and the other part is in the City of Los Angeles (Parcel # 4335-007-016). Tenants can send their children to Beverly Hills school system.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning LAR4

Interior

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4335007016

Special Listing Condition Standard

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