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300 S Doheny Dr

Beverly Hills, CA 90211
  • $3,350,000
  • STATUS: Active
  • ON SITE: 19 days
  • ID#: 21-754906
UPDATED: 55 min ago
$3,350,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,074
    SQFT
  • $660
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

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 the Combined LA/Westside Multiple Listing Service as of 2021-07-25T23:42:22.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/119030738
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300 S Doheny Dr Beverly Hills, CA 90211

  • Price: $3,350,000
  • Status: Active
  • Updated: 55 min ago
  • ID#: 21-754906
0
Beds
0
Baths
0
½ Baths
0.13
Acres
5,074
SQFT
$660
$/SQFT
1946
Built
Neighborhood:
Beverly Hills
County:
Los Angeles
Area:
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

Cross Streets Doheny Dr & Gregory Way Direction Faces North Entry Location Ground Level - No Steps Levels Two Lot Location Corner Lot Lot Size Area 5761 Other Structures None Parking Garage AssignedCovered Parking Pool Description None Pool YN No Spa None Spa YN No Tennis Court None Total Parking 6 Water Frontage None

Interior Features

Baths Total 6.00 Cooking Appliances Gas Cooling Window Unit(S) Equipment Range/OvenRefrigeratorFreezer Flooring TileWood Heating Wall Laundry Other

Property Features

Assessed Total Value 2917200 Gross Income 131077 Gross Operating Income 127145 Like Units1 1 Like Units2 4 Like Units3 1 Net Operating Income 69702.00 Number Of Buildings 1 Number Of Units 6 Owner Pays GardenerGasWater Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Cable TvElectricity Total Annual Expense 57442 TVServices Cable Tv Type Of Units 6-Plex Year Built Source Vendor Enhanced Zoning Bhr4yy

Listing provided courtesy of Benjamin Stewart-Kruger DRE#01904455 of Hilton & Hyland.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-25T23:42:22.103. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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