Beverly Hills CA Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
5,305
Status:
Active
Beds:
5
Lot size:
0.18 Acres
Year built:
1939
Baths:
8.00
MLS#:
24453195

ADDITIONAL INFORMATION

Type:
Cluster
Sq.Ft.:
13,470
Status:
Active
Beds:
17
Lot size:
0.17 Acres
Year built:
1969
Baths:
15.00
MLS#:
24452575

ADDITIONAL INFORMATION

Century Park Realty Inc. is proud to present 318 N Oakhurst Drive, a prime 7-unit, 4 story, multifamily investment opportunity situated in the most desirable multifamily pocket of Beverly Hills and Listed at just $431 PER SQUARE FOOT! Totaling 13,470 square feet on approximately 7,500 square feet of land zoned BHR4 and LAR4. The entire top floor features a luxurious single story Penthouse, with direct elevator access spanning +/- 5,300 square feet. The PH floor underwent a $660K renovation under the supervision of an ASID designer, making it one of the largest single-floor luxury penthouse apartments in Beverly Hills. The other six (6) units are all well apportioned 2 bed and 2 bath units. The property is currently 100% leased, providing robust cash flow to an investor, while also presenting a value-add component for future enhancements. The building is separately metered for electricity and features a central water meter. The property has unique zoning in that it sits between Beverly Hills and Los Angeles. As such, permits for renovations can be obtained in either city while the property benefits from all the Beverly Hills city services, like K-12 schools, Police and Fire Departments. Rarely do such well-maintained secured access buildings become available in this submarket. This is only the second time 318 N Oakhurst Drive is available for purchase since its construction in 1969.This generational legacy asset is ideally positioned just north of Burton Way and west of Doheny, only one block from the Four Seasons and of a mile from the Beverly Hills City Hall, Police Department and renowned dining on Canon Drive and shopping along Beverly and Rodeo Drives. Melrose/Robertson, Cedars Sinai Medical Center, and the Beverly Center are just a half mile away.

Type:
Other
Sq.Ft.:
17,050
Status:
Active
Beds:
16
Lot size:
0.18 Acres
Year built:
1962
Baths:
16.00
MLS#:
23-325758

ADDITIONAL INFORMATION

Prime Beverly Hills location, N. of Burton Way. Trophy Property with large 1/1 (1,200 S.F.) & 2/2 (1,500 S.F.). 2,500 S.F. Penthouse unit located on the 4th Floor suitable for owner to use will be delivered vacant at closing. Significant (25%) upside in rents. 15.5 x Gross & 4.3% Cap with existing rents; 12.3 x Gross & 5.8% Cap with rents at market. Seller has spent over $300,000 in renovation in the past year. Priced at only $408/S.F. Seller is willing to offer concession.

Type:
Cluster
Sq.Ft.:
17,050
Status:
Active
Beds:
16
Lot size:
0.18 Acres
Year built:
1962
Baths:
16.00
MLS#:
23325758

ADDITIONAL INFORMATION

Prime Beverly Hills location, N. of Burton Way. Trophy Property with large 1/1 (1,200 S.F.) & 2/2 (1,500 S.F.). 2,500 S.F. Penthouse unit located on the 4th Floor suitable for owner to use will be delivered vacant at closing. Significant (25%) upside in rents. 15.5 x Gross & 4.3% Cap with existing rents; 12.3 x Gross & 5.8% Cap with rents at market. Seller has spent over $300,000 in renovation in the past year. Priced at only $408/S.F. Seller is willing to offer concession.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. 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.



Beverly Hills Real Estate

The median home value in Beverly Hills, CA is $3,525,600. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Beverly Hills, CA is $3,525,600. Approximately 35.16% of Beverly Hills homes are owned, compared to 49.17% rented, while 15.67% are vacant. Beverly Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Beverly Hills real estate agent to arrange a tour today!

Beverly Hills, California 90210 has a population of 32,903. Beverly Hills 90210 is less family-centric than the surrounding county with 30.18% of the households containing married families with children. The county average for households married with children is 30.99%.

The median household income in Beverly Hills, California 90210 is $103,944. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Beverly Hills 90210 is 46.5 years.

Beverly Hills Weather

The average high temperature in July is 80.2 degrees, with an average low temperature in January of 47.5 degrees. The average rainfall is approximately 15.7 inches per year, with 0 inches of snow per year.

Beverly Hills Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    315
    30-day change

Beverly Hills Schools and Demographics

Education near Beverly Hills, CA

Metric City County
High School Graduates 95.62 80.04
College Degree - 2 year 5.38 7.04
College Degree - 4 year 64.15 34.04
Graduate Degree 13.88 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Beverly Hills, CA

School Grades Students P/T Ratio ZIP
Beverly Vista Elementary School KG - 08 673 17.3 90212
El Rodeo Elementary School KG - 08 677 16.9 90210
Fairburn Avenue Elementary School KG - 05 459 24.8 90024
Hawthorne Elementary School KG - 08 671 17.7 90210
Horace Mann Elementary School KG - 08 521 15 90211
Roscomare Road Elementary School KG - 05 469 22.9 90077
Warner Avenue Elementary School KG - 05 657 22.3 90024
West Hollywood Elementary School KG - 05 382 24.6 90069

Middle Schools near Beverly Hills, CA

School Grades Students P/T Ratio ZIP
Emerson Community Charter 06 - 08 533 23.2 90024

High Schools near Beverly Hills, CA

School Grades Students P/T Ratio ZIP
Beverly Hills High School 09 - 12 1,633 17.3 90212

Ungraded Schools near Beverly Hills, CA

School Grades Students P/T Ratio ZIP
* Moreno High (Continuation) School 09 - 12 21 9.6 90212

Demographics near Beverly Hills, CA 90210

Metric Zip Code City
Neighborhood Type Suburban
Population 32,903 10,019,635
Population Density 5,763 2,469
Median Age 46.5 37
People per Household 2.3 2.9
Median Household Income 103,944 76,367
Average Income per Capita 90,706 37,924