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Key Details
Sold Price $7,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 12,206 sqft
Price per Sqft $573
MLS Listing ID 24373883
Sold Date 09/20/24
Bedrooms 8
HOA Y/N No
Year Built 1937
Lot Size 9,365 Sqft
Property Description
Consummate investment opportunity in prime Beverly Hills; an exquisite eight-unit French Normandy trophy building, vintage 1937 & located one block from iconic Rodeo Drive. Property is rare, offering a mix of two-bedroom & one-bedroom units totaling a generous 12,206 sq ft. Expansive 9,635 sq ft lot, zoned R4, presents an astonishing canvas for future customization. Sited in the epicenter of Beverly Hills, building offers an investment in the city's priceless allure. Location provides unrivaled access to luxury shopping, world-class dining & entertainment such as Hermes, Gucci, Spago, Greystone Mansion & the Polo Lounge at the Beverly Hills Hotel. Building's classic charm is preserved in its wood paneling, crown moldings & hardwood floors, providing a unique appeal that combines classic elegance w/ contemporary comfort. Moreover, building is 100% occupied ensuring cash flow & long-term stability. Capitalize on this one in a lifetime opportunity to own a piece of Beverly Hills history, a generational asset w/ an eye toward the future.
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHR4YY
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Garage
View Y/N Yes
Total Parking Spaces 8
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4328026019
Special Listing Condition Standard
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Bought with Mark Langer • Far West Management Corporation
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130