Rare opportunity to acquire a legacy income property in coveted, irreplaceable Beverly Hills location. Charming & lovingly cared for multi-family asset in the heart of Beverly Hills, situated at the base of the Golden Triangle. Family owned for decades, this 2-story grand, Traditional building was originally constructed in 1938 and showcases true craftsmanship. The six apartment homes exude charm, character and warmth. Wonderful original details can be found throughout, including coved ceilings, crown moldings, stained-glass, French windows and golden oak hardwood flooring. The unit mix is comprised of (4) large 1-bedroom, 1-bathroom units, (1) studio and (1) 2-bedroom, 1-bathroom unit. Averaging nearly 1,000 SF per unit, the floor-plans are spacious, functional and efficient. Units feature grand living rooms, formal dining rooms, large bedrooms & bathrooms and an abundance of natural light. Just moments from Wilshire Blvd, Rodeo Drive, the finest shopping, dining & lifestyle destinations and Beverly Hills schools. Significant upside in rents allow for a value-add opportunity and ideal long-term investment. Additional details include a 4-car garage located at the rear of property, on-site laundry room, shared center courtyard with neighboring sister-building. Property is professionally managed. Inside with accepted offer only. Property is 100% occupied and is subject to rent control (Beverly Hills rent stabilization ordinance).
School DistrictBeverly Hills Unified School District
Exterior
STORIES2
Garage Space4.0
water SourceDistrict
PoolNone
roofComposition, Shingle
lot featuresLot-Level/Flat, Single Lot
parkingAssigned, Detached, Garage - 4 Car
HEAT TYPECentral
AIR CONDITIONINGWall/Window
sewerIn Street
HOA AmenitiesNone
security FeaturesSmoke Detector
Financial
Sales Price$3,250,000
ZoningBHR4YY
Living
Luxury real estate means going above and beyond the client’s expectations. Whatever luxury means to you, we are here to help you seek it. Experience luxury with us.
433 N Camden Dr, Suite 600
Beverly Hills, CA 90210
11911 San Vicente Blvd, Suite 390
Los Angeles, CA 90049
16501 Ventura Blvd, Suite 102
Encino, CA 91436
680 E Colorado Blvd, Suite 180
Pasadena, CA 91101
2121 East Coast Hwy #180
Corona Del Mar, CA 92625
CA DRE# 01527644
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