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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

Charming six-unit building in prestigious Beverly Hills. Located on the SE corner of Doheny Dr and Gregory Way between Olympic and Wilshire Boulevards, the property features a favorable unit mix with studio, four 1-bedroom, and one 2-bedroom units. Much of the building's 1940s character remains with large floor plans, original hardwood oak floors, crown moldings, and tiled kitchens and baths. Garage parking for two vehicles and four additional on-site spaces. The property is stabilized, with quiet and reliable tenants. Significant upside remains for investors to upgrade units over time and capitalize on the demand for renovated apartments. The city's submarket fundamentals feature some of the strongest rents and lowest vacancies in the Los Angeles metro area. Proximity to the restaurants, shops, parks and schools of Beverly Hills, as well as surrounding Century City, West Hollywood, and Beverly Grove neighborhoods.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/119038033
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300 S Doheny Drive Beverly Hills, CA 90211

  • Price: $3,249,000
  • Status: Active
  • ID#: 21754906
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Beds
0
Baths
0
½ Baths
0.13
Acres
1946
Built
Neighborhood:
C01 - Beverly Hills
County:
Los Angeles
Area:
C01 - Beverly Hills
Property Description
Charming six-unit building in prestigious Beverly Hills. Located on the SE corner of Doheny Dr and Gregory Way between Olympic and Wilshire Boulevards, the property features a favorable unit mix with studio, four 1-bedroom, and one 2-bedroom units. Much of the building's 1940s character remains with large floor plans, original hardwood oak floors, crown moldings, and tiled kitchens and baths. Garage parking for two vehicles and four additional on-site spaces. The property is stabilized, with quiet and reliable tenants. Significant upside remains for investors to upgrade units over time and capitalize on the demand for renovated apartments. The city's submarket fundamentals feature some of the strongest rents and lowest vacancies in the Los Angeles metro area. Proximity to the restaurants, shops, parks and schools of Beverly Hills, as well as surrounding Century City, West Hollywood, and Beverly Grove neighborhoods.
Exterior Features

Direction Faces North Entry Location Ground Level - No Steps Parking Features AssignedCovered Parking Total 2 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances Refrigerator Flooring TileWood Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Garage YN Yes Gross Income 131077 Laundry Features See Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 69702 Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricity Zoning Bhr4yy

Listing provided courtesy of Benjamin Stewart-Kruger of Hilton & Hyland and Bjorn Farrugia of


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-21T00:27:35.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505