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$ 3,600,000
Est. payment | /mo
5 Beds
8 Baths
5,305 SqFt
$ 3,600,000
Est. payment | /mo
5 Beds
8 Baths
5,305 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
Listed by Hamid Soroudi • Keller Williams Beverly Hills
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