302 North La Peer Drive Beverly Hills, CA $ 4,070,000
302 North La Peer Drive
$ 4,070,000
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302 North La Peer Drive

Beverly Hills, CA, 90211
$ 4,070,000
Baths0.0 Sq 6,724

Monthly Estimate*

$ 28,430

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Studio

Multi-Family Home for sale in Beverly Hills, CA

for $4,070,000. This 6,724 square foot home was built in 1936 on a lot size of 0.2.

This is part of "The Six Building Trophy Portfolio" Properties can be sold individually or as a Portfolio. We are pleased to present the exclusive listing of a ten (10) unit apartment building located at 302-304 North La Peer Drive in Beverly Hills, California. The offering is situated in the world-renowned Beverly Hills neighborhood, just South of Burton Way and West of North Robertson Boulevard. Built in 1936, the North La Peer Drive Apartments have been meticulously well-maintained by the same ownership for over 50 years. The building features a strong unit mix consisting of two (2) 1 bed / 1 bath townhouse units, four (4) 1 bed / 1 bath + den units, and four (4) studios. This very charming property includes, beautiful architecture, double French windows, and hardwood floors. Many renovated units boast, updated bathrooms, quartz kitchen counter tops, stainless steel appliances, refrigerator, stove, and a dishwasher. The total size of the building is approximately 6,724 square feet and sits on an extra-large 8,587 square foot lot that is BHR4YY zoned.The offering is nestled within the heart of Beverly Hills, which is often celebrated as one of the world's most sought-after destinations. Everything from luxury five-star hotels, designer brand shopping, and Michelin star dining options, are within a short walking distance from North La Peer Drive. Some of the most notable amenities nearby are the Rodeo Drive Mall/Corridor, the Four Seasons of Beverly Hills, and the Cedars-Sinai Medical Center. The subject's dominant access to Santa Monica and San Vicente Boulevards benefit its commuting tenants via quick access to the 10 and 405 Freeways. The North La Peer Drive Apartments provide a rare opportunity for an experienced investor to acquire a well located corner lot asset, in one of California's most notable rental pockets with extremely high barriers to entry.

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Multi-Family Active

Price

$ 4,070,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2

Year Built

1936

Town/City

Beverly Hills

County/Region

Los Angeles

MLS | Web ID

0023334865

Features
General
Cooling Wall/Window Unit(s)
Zoning BHR4YY
Year Built 1936
Levels Two
County Los Angeles
Net Operating Income 134720.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Beverly Hills
Buyer Agent Compensation 1.00
Senior Community Y/N No
MLS Area C01 - Beverly Hills
Lot Size Square Feet 8589.0
Street Name La Peer
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Parking Features Covered
Lot Size Area 8589.0
Building Area Total 6724.0
Lot Size Acres 0.2
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Heater Fuel Type Natural Gas
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Drive
Total Baths 0
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* Excluded Features
List By
Eliyahu Appel

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$28,430
Per Month
100%
0%
0%
Monthly Principal & Interest
$28,430
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2024$4,070,000 -6.44% Price Down
11/28/2023$4,350,000 Listed Price

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302 North La Peer Drive, Beverly Hills, CA, 90211 is a Multi-Family Home for sale at $4,070,000 with 6,724 sqft and a lot size of 0.2. 302 North La Peer Drive is a studio with 0.0 baths and was built in 1936. The property's zip code is 90211 which is in Beverly Hills, CA