818-939-4058
425 N Oakhurst Dr, Beverly Hills, CA for Sale
Apartments - FOR SALE
1/7
null | Request Cap Rate

425 N Oakhurst Dr
Beverly Hills, CA 90210


HIGHLIGHTS

  • 2.85% LIMITED PARTNERSHIP INTEREST in North Oakhurst Drive, LLC which owns 425 North Oakhurst Drive, Beverly Hills, CA 90210
  • World renowned Beverly Hills Location on the corner of Beverly Blvd. and Oakhurst Dr. just west of N. Doheny Dr.
  • Property has undergone significant upgrades and renovations since it was acquired in 2016
  • Over the past five years, pre-1995 construction 5+ unit buildings within 0.5 miles of the subject property have sold at an avg. of $629k/unit
  • Located within a short distance from multiple 5-star hotels, Michelin Star dining, and designer brand shopping
  • Upon executing a Confidentiality Agreement, qualified prospective buyers will receive additional financial info. CONTACT BROKER FOR MORE DETAILS

OVERVIEW

The CREM Group is pleased to exclusively present for sale a 2.85% LP interest in North Oakhurst Drive LLC, which owns 425 North Oakhurst Drive, Beverly Hills, CA 90210, a trophy 40-unit, courtyard-style apartment building located in the heart of Beverly Hills, CA. Built in 1948, the 17,318-square-foot property sits on a 14,369-square-foot BHR4-zoned lot and has undergone significant upgrades and renovations over recent years . The building is primarily comprised of studio units, catering to consistent rental demand in this prestigious market. This offering is NOT for the sale of the fee simple interest in 425 N. Oakhurst Dr. The property is not for sale. Upon executing a Confidentiality Agreement, qualified prospective buyers will be provided additional financial information. CALL FOR OFFERS - CONTACT BROKER FOR MORE DETAILS

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

40

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2.85% LP Interest in North Oakhurst Drive LLC

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,366 SF

ZONING

BHR4*

APN/PARCEL ID

4342-034-014

ASK ABOUT THIS PROPERTY

Andrew LeffThe CREM GroupMore Info
818-939-4058

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

Andrew LeffThe CREM GroupMore Info
818-939-4058

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