Consummate investment opportunity in prime Beverly Hills; an exquisite eight-unit French Normandy trophy building, vintage 1937 & located one block from iconic Rodeo Drive. Property is rare, offering a mix of two-bedroom & one-bedroom units totaling a generous 12,206 sq ft. Expansive 9,635 sq ft lot, zoned R4, presents an astonishing canvas for future customization. Sited in the epicenter of Beverly Hills, building offers an investment in the city's priceless allure. Location provides unrivaled access to luxury shopping, world-class dining & entertainment such as Hermes, Gucci, Spago, Greystone Mansion & the Polo Lounge at the Beverly Hills Hotel. Building's classic charm is preserved in its wood paneling, crown moldings & hardwood floors, providing a unique appeal that combines classic elegance w/ contemporary comfort. Moreover, building is 100% occupied ensuring cash flow & long-term stability. Capitalize on this one in a lifetime opportunity to own a piece of Beverly Hills history, a generational asset w/ an eye toward the future.
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/10/2024 @ 15:46
MLS: 24373883
LISTED BY: Christopher Pickett, Douglas Elliman
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
