Thank you
Eliyahu Appel
Marcus & Millichap
818-212-2700
This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We 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, just 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 very charming property includes, beautiful 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 walking 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.
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Total Bedrooms : 6
Total Baths: 10
Full Baths: 0
Half Baths: 0
Wall/Window Unit(s)
Air Conditioning
Natural Gas
Has Heating
Year Built: 1936
Building Area Total: 6,724
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1972
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 8589
Original List Price: 4,070,000
Listing Contract Date: 2023-11-27
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4335019012
Garage Description: Covered
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C01 - Beverly Hills
Postal Code Plus 4: 1614
Directions: South of Burton Way and West of North Robertson Boulevard
Zoning: BHR4YY
Source Property Type: Residential Income
Area: C01 - Beverly Hills
Property Age: 88
Year Built Source: Vendor Enhanced
Total Square Feet Living: 6724
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
9001 Dayton Way #C, Beverly Hills, CA,90211 | $1,799,000 | 3 | 2 | 2,480 | 19575 Sqft |
300 N Swall Drive #452, Beverly Hills, CA,90211 | $9,950 | 2 | 2 | 2,759 | 99725 Sqft |
200 N Swall Drive #454, Beverly Hills, CA,90211 | $1,450,000 | 2 | 2 | 1,463 | 96911 Sqft |
470 S Wetherly Drive, Beverly Hills, CA,90211 | $2,226,000 | 2 | 1 | 1,220 | 4796 Sqft |
123 N Doheny Drive, Beverly Hills, CA,90211 | $5,188,000 | 5 | 5 | 4,446 | 7007 Sqft |
121 N Almont Drive #301, Beverly Hills, CA,90211 | $1,500,000 | 2 | 2 | 1,725 | 16642 Sqft |
159 N Le Doux Road, Beverly Hills, CA,90211 | $3,299,000 | 3 | 4 | 3,092 | 6504 Sqft |
129 N Le Doux Road, Beverly Hills, CA,90211 | $3,495,000 | 4 | 5 | 3,954 | 6498 Sqft |
163 N Clark Drive, Beverly Hills, CA,90211 | $3,410,000 | 4 | -- | 5,040 | 5754 Sqft |
169 N Clark Drive, Beverly Hills, CA,90211 | $2,916,000 | 8 | -- | 5,540 | 5752 Sqft |
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ByOwner last updated this listing 05/10/2024 @ 02:44
MLS: 23334865
LISTED BY: Eliyahu Appel, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 1%
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.