$4070000 Price Analysis   ♡   Beverly Hills, CA 90211 6 bed 10 bath 6724 SqFt ($605/SqFt) 8589SqFt lot. Built 1936 Listed 2023-11-28, Taxes $14203 | Ⓧ USDA Ineligible due to price & location near Beverly Hills |
This is part of The Six Building Trophy Portfolio Properties can be sold individually or as a Portfolio.
W are pleased to present the exclusive listing of a ten (10) unit apartment building (2 vacant) located at 302-304 North La Peer Drive in Beverly Hills, California. The offering is situated in the world-renowned Beverly Hills neighborhood, South of Burton Way and West of North Robertson Boulevard. Built in 1936, the North La Peer Drive Apartments have been meticulously well-maintained by the same ownership for over 50 years. The building features a strong unit mix consisting of two (2) 1 bed / 1 bath townhouse units, four (4) 1 bed / 1 bath + den units and four (4) studios. This charming property includes, pleasing architecture, double French windows and hardwood floors. Many renovated units boast, updated bathrooms, quartz kitchen counter tops, stainless steel appliances, refrigerator, stove and a dishwasher.
The total size of the building is approximately 6, 724 square feet and sits on an extra-large 8, 587 square foot lot that is BHR4YY zoned.The offering is nestled within the heart of Beverly Hills, which is often celebrated as one of the world's most sought-after destinations. Everything from luxury five-star hotels, designer brand shopping and Michelin star dining options, are within a short wa lking distance from North La Peer Drive. Some of the most notable amenities nearby are the Rodeo Drive Mall/Corridor, the Four Seasons of Beverly Hills and the Cedars-Sinai Medical Center. The subject's dominant access to Santa Monica and San Vicente Boulevards benefit its commuting tenants via quick access to the 10 and 405 Freeways. The North La Peer Drive Apartments provide a rare opportunity for an experienced investor to acquire a well located corner lot asset, in one of California's most notable rental pockets with extremely high barriers to entry.
Presented by Eliyahu Appel at
Marcus & Millichap.
Property MLS #23-334865 from TheMLSCLAW
Full Bathrooms: 10
Heating Features: Natural Gas, Wall Gas
Garage Description: Covered Parking
Parking Total: 7
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8589
Calculated Total Monthly Association Fees: 0
Number of Units: 10
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 6300, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 11200, 3 BathsTotal: 1, 3 SquareFeet: 8000
County: Los Angeles
Cap Rate: 3.4
Directions: South of Burton Way and West of North Robertson Boulevard
Source Property Type: Residential Income
Area: Beverly Hills
Source Neighborhood: Beverly Hills
Parcel Number: 4335-019-012
Postal Code Plus 4: 1614
Zoning: BHR4YY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $402258 + $703966 $1106224 | $14203 |
| 2021 | $394371 + $690163 $1084534 | $13771 |
| 2020 | $390328 + $683087 $1073415 | $13722 |
| 2019 | $382675 + $669694 $1052369 | $13394 |
| 2018 | $375172 + $656563 $1031735 | $12815 |
| 2017 | $367816 + $643690 $1011506 | $12487 |
| 2016 | $360604 + $631069 $991673 | $12204 |
| 2015 | $355188 + $621590 $976778 | $11710 |
| 2014 | $348231 + $609414 $957645 | $11410 |
| 2013 | $346658 + $606660 $953318 | $11900 |
| 2012 | $339861 + $594765 $934626 | $11272 |
| 2010 | $333198 + $583103 $916301 | $10773 |
| 2009 | $331494 + $580121 $911615 | $10570 |
| 2009 | $330708 + $578746 $909454 | $10570 |
| 2008 | $324995 + $568747 $893742 | $10389 |
| 2007 | $318623 + $557596 $876219 | $10073 |
$4070000
TheMLSCLAW
Listed 2023-11-28
$4350000
TheMLSCLAW
Listing removed 2014-01-08
$1700
WestsideRentals
Listed for rent 2014-01-05
$1700
WestsideRentals
Sold 1981-06-29
$282200
Public Record
Year Built: 1936
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 88
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.