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$4,450,000
Est. payment /mo
5,615 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,615 sqft
Price per Sqft $792
MLS Listing ID CL25580867
HOA Y/N No
Year Built 1952
Lot Size 5,615 Sqft
Acres 0.13
Property Sub-Type Other
Property Description
Discover an unparalleled investment opportunity at 272 South Doheny Drive in the prestigious Beverly Hills. This expansive Income property offers 6 units apartments with in total 12 bedrooms and 7 bathrooms. Situated on a prime 5,751-square-foot corner lot between Gregory Way and Olympic Blvd. This property is designed to produce fluent and constant cash flow keeping a low vacancy rate at almost 0% throughout the year. Walking distance from schools and convenient to the 405 and I-10 as well as LAX, getting around from Beverly Hills is a breeze.. Each unit is equipped with essential amenities such as hardwood and tile flooring, high ceilings, and abundant natural lighting. Tenants enjoy the convenience of in-unit washers and dryers, complemented by additional laundry facilities within the building. The kitchens appliances is including dishwashers, gas ovens, stoves, refrigerator and garbage disposal. One covered and assigned parking space per unit including a wall storage space as well. This property offers unparalleled flexibility. Most of tenants are currently operating on a month-to-month lease contract model. There's potential to increased rental revenue presenting a timely opportunity for rent adjustments or improvements. Capitalise on this distinctive investment opportunity,
Location
State CA
County Los Angeles
Zoning BHR4
Interior
Heating Other
Cooling Central Air
Flooring Wood
Fireplace No
Appliance Dryer
Laundry Dryer, Other, Inside
Building
New Construction No
Others
Tax ID 4331024020
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Listed by Alessandra Ferracuti • Compass
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