308 S Reeves Dr - Apartments FOR SALE


Beverly Hills, CA 90212
$3,895,000 USD
310-424-7024
308 S Reeves Dr, Beverly Hills, CA for Sale
$3,895,000 USD
Apartments - FOR SALE
1/24
null | 4.53% Cap Rate

308 S Reeves Dr
Beverly Hills, CA 90212


HIGHLIGHTS

  • Highest Cap Rate in Beverly Hills!
  • Potential ADU Opportunities! (Buyer to verify)
  • AAA+ Location Just Off S Beverly Dr & Gregory Way
  • Spacious Units Averaging Approx. 701 SF Each
  • Approx. $400K in Renovations/Upgrades since 2021 including: 5/8 Units Extensively Renovated, New Plumbing (5 Renovated Units), Paint, & Landscaping

FOR SALE DETAILS

PRICE

$3,895,000 USD

PRICE/SF

$695 USD /SF

# OF UNITS

8

PRICE/UNIT

$486,875

CAP RATE

4.53%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,070 SF

ZONING

BHR4YY

APN/PARCEL ID

4331-005-035

ASK ABOUT THIS PROPERTY

Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-424-7024

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Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-424-7024

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.