318 N Oakhurst Drive Pending

Beverly Hills,CA 90210

$ 5800000

- Bed

0 Bath

13470 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 13,470 sqft

Price per Sqft $430

MLS Listing ID CL24452575

HOA Y/N No

Year Built 1969

Lot Size 7,497 Sqft

Acres 0.17

Property Description

Century Park Realty Inc. is proud to present 318 N Oakhurst Drive, a prime 7-unit, 4 story, multifamily investment opportunity situated in the most desirable multifamily pocket of Beverly Hills and Listed at just $431 PER SQUARE FOOT! Totaling 13,470 square feet on approximately 7,500 square feet of land zoned BHR4 and LAR4. The entire top floor features a luxurious single story Penthouse, with direct elevator access spanning +/- 5,300 square feet. The PH floor underwent a $660K renovation under the supervision of an ASID designer, making it one of the largest single-floor luxury penthouse apartments in Beverly Hills. The other six (6) units are all well apportioned 2 bed and 2 bath units. The property is currently 100% leased, providing robust cash flow to an investor, while also presenting a value-add component for future enhancements. The building is separately metered for electricity and features a central water meter. The property has unique zoning in that it sits between Beverly Hills and Los Angeles. As such, permits for renovations can be obtained in either city while the property benefits from all the Beverly Hills city services, like K-12 schools, Police and Fire Departments. Rarely do such well-maintained secured access buildings become available in this submarket. Thi

Location

State CA

County Los Angeles

Area Listing

Zoning LAR4

Interior

Heating Other

Cooling Central Air

Flooring Laminate,Vinyl,Carpet

Fireplace No

Laundry Community Facility

Building

New Construction No

Others

Tax ID 4335015004

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