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212 S Reeves Dr

Beverly Hills, CA 90212
  • $4,875,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 22-153125
UPDATED: 66 min ago
$4,875,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,560
    SQFT
  • $743
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Description

We are pleased to present this eleven-unit complex located in Beverly Hills, CA consisting of seven studio and four one-bedroom, one-bathroom apartments. The Property, located south of Wilshire Blvd near the intersection of S Beverly Dr and Charleville Blvd and consists of a two structures. There is both covered and uncovered parking spaces in the courtyard and rear with access from the alleyway. 212 S Reeves Dr. boasts a Walk Score of 93, Transit Score of 59, and Bike Score of 60 and is conveniently located near Beverly Hills' Golden Triangle business district, with direct access to luxury shopping and dining establishments along Rodeo Dr. , S Beverly Dr. and in nearby Century City. The earthquake retrofitting was recently completed and the Owner added an on-site laundry room allowing for a new income stream. This deal provides an investor with the opportunity to acquire a trophy asset in irreplaceable Beverly Hills with significant rental upside.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T07:42:43.797. 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.
www.searchdesertrealestate.com/homes/128351174
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212 S Reeves Dr Beverly Hills, CA 90212

  • Price: $4,875,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 66 min ago
  • MLS #: 22-153125
4
Beds
0
Baths
0
½ Baths
0.14
Acres
6,560
SQFT
$743
$/SQFT
1941
Built
Neighborhood:
Beverly Hills
County:
Los Angeles
Area:
Beverly Hills
Property Description
We are pleased to present this eleven-unit complex located in Beverly Hills, CA consisting of seven studio and four one-bedroom, one-bathroom apartments. The Property, located south of Wilshire Blvd near the intersection of S Beverly Dr and Charleville Blvd and consists of a two structures. There is both covered and uncovered parking spaces in the courtyard and rear with access from the alleyway. 212 S Reeves Dr. boasts a Walk Score of 93, Transit Score of 59, and Bike Score of 60 and is conveniently located near Beverly Hills' Golden Triangle business district, with direct access to luxury shopping and dining establishments along Rodeo Dr. , S Beverly Dr. and in nearby Century City. The earthquake retrofitting was recently completed and the Owner added an on-site laundry room allowing for a new income stream. This deal provides an investor with the opportunity to acquire a trophy asset in irreplaceable Beverly Hills with significant rental upside.
Exterior Features

Carport Spaces Total 4 Direction Faces West Levels Multi/Split Lot Size Area 6071 Other Structures None Parking Garage AssignedOffsite Style Colonial Total Parking 8

Interior Features

Baths Total 11.00 Cooking Appliances Oven-Gas Cooling Window Unit(S) Equipment Ceiling FanGarbage Disposal Flooring HardwoodCeramic Tile Heating Natural Gas Laundry Community

Property Features

Assessed Total Value 1944482 Gross Income 241736 Gross Operating Income 234544 Like Units1 7 Like Units2 4 Monthly Gross Income 11680.00 Net Operating Income 140166.00 Number Of Buildings 2 Number Of Units 11 Owner Pays GardenerGasWater Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays Electricity Total Annual Expense 94378 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Bhr4yy

Listing provided courtesy of Joshua Luchs DRE#01845545 of Cb Richard Ellis, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-29T07:42:43.797. 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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The John Jay Group - Bennion Deville Homes
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