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$4,490,000
Est. payment /mo
5,614 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25580155
HOA Y/N No
Year Built 1952
Tax Year 2024
Lot Size 5,614 Sqft
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. Notably, this property is presenting a timely opportunity for rent adjustments or improvements. Capitalise on this distinctive investment opportunity, ideally situated in a highly coveted area. Reach out today to explore how this property can enhance your portfolio with its promising cash flow potential.
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHR4YY
Interior
Heating Central
Fireplace No
Laundry Inside
Exterior
Utilities Available Electricity Available
Total Parking Spaces 6
Building
Lot Description Corner Lot
Story 2
Others
Tax ID 4331024020
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Standard
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Listed by Alessandra Ferracuti Compass
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