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$18,450,000
Est. payment /mo
40,928 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 40,928 sqft
Price per Sqft $450
MLS Listing ID CL25535365
HOA Y/N No
Year Built 1964
Lot Size 0.328 Acres
Acres 0.33
Property Sub-Type Other
Property Description
Trophy Property in the heart of Beverly Hills. Near multi-million-dollar condominiums at Four Seasons North (300 N. Swall Dr., Beverly Hills) selling over $1,200/S.F. Large 1-BR, 2-BR, 2+Den and P.H. units; some units have wet bars. The 3,000 +/- S.F. 3-BR+Den/2.5 BA PH. Unit is on the 5th floor with huge rooftop outdoor space, built-in BBQ, private elevator access, washer and dryer, wet bar, panoramic city views. Trophy multi-family Property, north of Wilshire location, controlled access, grand entry lobby, 2-level subterranean parking garage. Significant (59%) upside in rents. Priced at 10.3 x gross and 6.3% cap with rents at market. Assumable loan of $8,290,000 @ 4.52% fixed until 7/1/29 has a market value over $490,000 compared to a new loan at 6%
Location
State CA
County Los Angeles
Zoning BHR4
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4335019035
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Listed by Hamid Soroudi • Keller Williams Beverly Hills
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