272 S Doheny Dr Open House Save Request In-Person Tour Request Virtual Tour
Beverly Hills,CA 90211
OPEN HOUSE
Sat Jul 19, 1:00pm - 3:00pm
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,615 sqft
Price per Sqft $799
MLS Listing ID 25562825
Style Contemporary Mediterranean
Bedrooms 12
Year Built 1952
Lot Size 5,615 Sqft
Acres 0.1289
Property Sub-Type Multi-Family
Property Description
Discover an unparalleled investment opportunity at 272 South Doheny Drive in the prestigious Beverly Hills. This expansive Income property offers 6 units apartments with in total 12 bedrooms and 7 bathrooms. Situated on a prime 5,751-square-foot corner lot between Gregory Way and Olympic Blvd. This property is designed to produce fluent and constant cash flow keeping a low vacancy rate at almost 0% throughout the year. Walking distance from schools and convenient to the 405 and I-10 as well as LAX, getting around from Beverly Hills is a breeze.. Each unit is equipped with essential amenities such as hardwood and tile flooring, high ceilings, and abundant natural lighting. Tenants enjoy the convenience of in-unit washers and dryers, complemented by additional laundry facilities within the building. The kitchens appliances is including dishwashers, gas ovens, stoves, refrigerator and garbage disposal. One covered and assigned parking space per unit including a wall storage space as well. This property offers unparalleled flexibility. Most of tenants are currently operating on a month-to-month lease contract model. With one unit #6 presently vacant, there's immediate potential for occupancy or increased rental revenue. Notably, Unit 5's lease is set to expire at the end of this month, presenting a timely opportunity for rent adjustments or improvements. Capitalize on this distinctive investment opportunity, ideally situated in a highly coveted area. Reach out today to explore how this property can enhance your portfolio with its promising cash flow potential.
Location
State CA
County Los Angeles
Area Beverly Hills
Zoning BHR4YY
Rooms
Other Rooms None
Dining Room 1
Interior
Interior Features Storage Space, Open Floor Plan
Heating Wall Gas
Cooling Wall/Window, Wall Unit(s), Ceiling Fan
Flooring Wood, Tile
Equipment Ceiling Fan, Microwave, Dishwasher, Dryer, Washer, Range/Oven
Laundry In Unit, In Carport
Exterior
Parking Features Covered Parking, Electric Vehicle Charging Station(s), Assigned, Carport Attached
Garage Spaces 6.0
View Y/N Yes
View City, City Lights
Building
Lot Description Landscaped, Alley Paved, Walk Street, Street Paved, Single Lot
Story 2
Architectural Style Contemporary Mediterranean
Level or Stories Two
Others
Special Listing Condition Standard