308 S Reeves Drive new

Beverly Hills,CA 90212

$ 3895000

- Bed

0 Bath

5606 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,606 sqft

Price per Sqft $694

MLS Listing ID CL25486971

Year Built 1939

Lot Size 6,070 Sqft

Property Description

Highest Cap Rate in Beverly Hills! Over $400,000 in Recent Upgrades/Renovations! 308 S Reeves Dr is an 8 Unit Apartment Building built in 1939. The property is located in an A+ Beverly Hills Location just north of Olympic Blvd and East of S Beverly Dr. The property offers an excellent unit mix comped of all Studio & 1 Bedroom / 1 Bathroom units. Spacious Units Averaging Approx. 701 SF Each. 5 of 8 Units Extensively Renovated. New Plumbing (5 Renovated Units), New Paint, New Landscaping. Carport in back offers 6 Parking Spaces. Potential ADU Opportunities

Location

State CA

County Los Angeles

Zoning BHR4

Interior

Heating Wall Furnace

Laundry Community Facility

Building

New Construction No

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