• 302 N La Peer Drive Beverly Hills, CA 90211

  • $4,070,000
  • 6
    Bed(s)
  • 0
    Baths
  • 6,724
    Sq Ft
  • 8589
    Sqft
  • Listed By: Eliyahu Appel, Marcus & Millichap, DRE #01918652
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 10

Full Baths: 0

Half Baths: 0

Cooling Features

Wall/Window Unit(s)

Air Conditioning

Heating Source

Natural Gas

Has Heating

Building Information

Year Built: 1936

Building Area Total: 6,724

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1972

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 8589

Listing Price Information

Original List Price: 4,070,000

Listing Contract Date: 2023-11-27

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4335019012

Garage and Parking

Garage Description: Covered

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

Property Age: 88

Year Built Source: Vendor Enhanced

Total Square Feet Living: 6724

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

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.

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