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Key Details
Sold Price $3,265,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PF21236845
Sold Date 02/11/22
Bedrooms 7
HOA Y/N No
Lot Size 5,499 Sqft
Property Description
Perfect for an owner investor or investor, this 1937 French Normandy style property has the potential to deliver significant future income upside to the new owner. Conveniently located in the Roxbury Park neighborhood of Beverly Hills, this comfortable residence is just minutes from Rodeo Drive and the attractive shopping and dining areas in the heart of Beverly Hills. In the 1990s the two back units were converted into one 2200 foot townhouse with 4 beds, 3.5 baths, master suite with bath and walk-in closet, large formal dining room and chef's kitchen. In front of this "owner's residence" is a 1 bed, 1.5 bath rental unit, and the third unit at the front of the property is a 1400 foot 2 bed, 1.5 bath rental unit. Utilities are metered separately, and all units have central HVAC, hardwood floors, updated kitchens, large living rooms, high vaulted ceilings and their own laundry. There have been several other upgrades over the years, including new paint, new double pane windows, bathroom upgrades, and there are two double garages and an open parking spot at the back of the building. Great opportunity to own your own home which doubles as an income property, or generate a respectable investment return that will keep giving you added value over time.
Perfect for an owner investor or investor, this 1937 French Normandy style property has the potential to deliver significant future income upside to the new owner. Conveniently located in the Roxbury Park neighborhood of Beverly Hills, this comfortable residence is just minutes from Rodeo Drive and the attractive shopping and dining areas in the heart of Beverly Hills. In the 1990s the two back units were converted into one 2200 foot townhouse with 4 beds, 3.5 baths, master suite with bath and walk-in closet, large formal dining room and chef's kitchen. In front of this "owner's residence" is a 1 bed, 1.5 bath rental unit, and the third unit at the front of the property is a 1400 foot 2 bed, 1.5 bath rental unit. Utilities are metered separately, and all units have central HVAC, hardwood floors, updated kitchens, large living rooms, high vaulted ceilings and their own laundry. There have been several other upgrades over the years, including new paint, new double pane windows, bathroom upgrades, and there are two double garages and an open parking spot at the back of the building. Great opportunity to own your own home which doubles as an income property, or generate a respectable investment return that will keep giving you added value over time.
Location
State CA
County Los Angeles
Area Beverly Hills (90212)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Easement Access
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $5,541
Listing Terms Cash
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Bought with Christian Stillmark • Douglas Elliman of CA, Inc.
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Josh Nottingham
Agent | License ID: TN - 375410 CA - 01295227
Agent License ID: TN - 375410 CA - 01295227