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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).

DAYS ON MARKET 21 LAST UPDATED 9/8/2023
YEAR BUILT 1938 COMMUNITY Beverly Hills
GARAGE SPACES 4.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income

SCHOOLS
School District Beverly Hills Unified


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Disposal, Gas Cooktop, Gas Oven, Refrigerator
AREA Beverly Hills
BUYER'S BROKERAGE COMPENSATION 2.500 %
CONSTRUCTION Stucco
FIREPLACE Yes
GARAGE Assigned, Yes
HEAT Central
INTERIOR Ceiling Fan(s)
LOT 6375 sq ft
PARKING Assigned
POOL DESCRIPTION None
SEWER Other
STORIES 2
STYLE Traditional
VIEW DESCRIPTION None
WATER Public
ZONING BHR4YY
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

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Listed with Sotheby's International Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 9/28/23 4:57 PM PDT 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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