Property listed by Landmark Realtors, Inc., Robert Louis 323-651-2200
$4,579,000
Unique Mid-Century style building on a beautiful tree lined street in the heart of Beverly Hills. One block from Beverly Drive and just south of Wilshire Blvd from downtown, Rodeo Drive and the soon to be Metro stop. Eleven highly desirable units featuring abundance of natural light,… Read More quality living environment, gated garage parking and on premises laundry. Ten of the eleven units have been appropriately remodeled or upgraded. The building is easy to manage and there is good upside potential in rents. Soft story retrofit has been done, painting and new roof September 2024, elevator mechanics recently modernized (all permits available). Limited showings so as not to disturb tenants, or with accepted offer. Property status is technically not back on market - it was initially listed as Coming Soon and then put on HOLD for after the holidays. Read Less
Listing Snapshot
Days Online
12
Last Updated
Beds
14
Square Ft.
11,240
Lot Size
0.14 Acres
Year Built
1963
MLS Number
24463521
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator
Building
Built in 1963, Living area: 11240.0, 1 building, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: Main Level, Construction Materials: Stucco
Cooling
WallWindowUnits
Disclosures
RentControl
Floors
Carpet, Laminate
Heating
Radiant
Income
Gross Income: $237,000, Net Operating Income: $146,313
Laundry
CommonArea
Lot
0.1394 acres
Parking
14 total parking spaces, Carport
Pool
None
Roof
RolledHotMop
Security Features
SecurityGate, SmokeDetectors
Taxes
Parcel Number: 4331002039, Zoning: BHR4YY
Tenant Pays
CableTv, Electricity, Gas
Utilities
11 separate electric meters, 11 separate gas meters
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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