342 N Oakhurst Dr - Apartments FOR SALE


Beverly Hills, CA 90210
$3,750,000 USD
310-432-6547
342 N Oakhurst Dr, Beverly Hills, CA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/12
null | 4.2% Cap Rate

342 N Oakhurst Dr
Beverly Hills, CA 90210


HIGHLIGHTS

  • Significant (27%) upside in rents.
  • 15.3 x gross and 4.2% cap with existing rents
  • 12 x gross and 6% cap with rents at market
  • New roof in 2022; replaced sewer line in 2020; new rain gutters in 2024

OVERVIEW

Prime Beverly Hills location, N. of Wilshire. Property has been in Seller's Family Trust since 1985. Selling with additional APN 4335-007-015. Charming Property with meticulously renovated units. Some units were designed by award winning architect from Rome, Italy. Significant (27%) upside in rents. 15.3 x gross and 4.2% cap with existing rents; 12 x gross and 6% cap with rents at market. New roof in 2022; replaced sewer line in 2020; new rain gutters in 2024.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$707 USD /SF

# OF UNITS

8

PRICE/UNIT

$468,750

CAP RATE

4.2%

% LEASED

93%

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

0.18 AC

LAND SF

7,710 SF

ZONING

R4, Beverly Hills

APN/PARCEL ID

4335-007-015,4335-007-016

ASK ABOUT THIS PROPERTY

Hamid SoroudiKW Commercial Beverly HillsMore Info
310-432-6547

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Hamid SoroudiKW Commercial Beverly HillsMore Info
310-432-6547

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