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Multifamily

151 N Swall Dr

151 N Swall Dr, Beverly Hills, CA 90211

Listing Price: $3,400,000

Cap Rate
3.05%
Number of Units
7
Price/Unit
$485,714

Investment Overview

A 7-Unit Classic 1920’s Vintage Beverly Hills Apartment Building between Burton Way and Wilshire Blvd with 4 vacant units The exclusive listing agent is pleased to present 151 North Swall Drive, a seven-unit class 1920’s vintage apartment building located in a first-class Beverly Hills location (between Burton Way and Wilshire Blvd). The property features 4,930 square feet of gross rentable area, situated on a 5,763-square foot lot. The seven-unit building is composed of one 2 bedroom and 2 bathrooms plus office, two 1 bedroom 1 bathrooms and four studio units. Of the seven units, four are currently vacant allowing a buyer to achieve market rent day one. Of note, the property report states there are eight units; however, the building is operating as seven units. Buyer to verify legal unit count. The building is well-maintained, offers laundry on-site, a shared courtyard as well as on-site parking for tenants. This prime location offers a tremendous amount of dining (La Gondola, Lawry’s the Prime-Rib, Café Angelino, Culina Ristorante and Caffe, II Cielo), shopping (Rodeo Dr with Dior, Fendi, Gucci, Hermes, Louis Vuitton) and entertainment destinations within walking distance to the property. Due to the 1920’s vintage charm and existing vacancy allow the buyer an opportunity to choose their own qualified residents at market making this a unique opportunity in a first-class location.

Investment Highlights

  • First-Class Beverly Hills Location (90211 Zip Code)
  • First Time on the Market in over 40 Years
  • Classic 1920's Beverly Hills Apartment Building
  • Great Mix of a 2 Bedroom, 1 Bedrooms and Studios
  • 4 of 7 Units Delivered Vacant
  • Achieve Top Rent Upon Lease Up
  • Laundry on Site

Exclusively Listed By

Financing By

Multifamily

151 N Swall Dr

Listing Price: $3,400,000

Cap Rate
3.05%
Number of Units
7
Price/Unit
$485,714

Investment Highlights

  • First-Class Beverly Hills Location (90211 Zip Code)
  • First Time on the Market in over 40 Years
  • Classic 1920's Beverly Hills Apartment Building
  • Great Mix of a 2 Bedroom, 1 Bedrooms and Studios
  • 4 of 7 Units Delivered Vacant
  • Achieve Top Rent Upon Lease Up
  • Laundry on Site

Investment Overview

A 7-Unit Classic 1920’s Vintage Beverly Hills Apartment Building between Burton Way and Wilshire Blvd with 4 vacant units The exclusive listing agent is pleased to present 151 North Swall Drive, a seven-unit class 1920’s vintage apartment building located in a first-class Beverly Hills location (between Burton Way and Wilshire Blvd). The property features 4,930 square feet of gross rentable area, situated on a 5,763-square foot lot. The seven-unit building is composed of one 2 bedroom and 2 bathrooms plus office, two 1 bedroom 1 bathrooms and four studio units. Of the seven units, four are currently vacant allowing a buyer to achieve market rent day one. Of note, the property report states there are eight units; however, the building is operating as seven units. Buyer to verify legal unit count. The building is well-maintained, offers laundry on-site, a shared courtyard as well as on-site parking for tenants. This prime location offers a tremendous amount of dining (La Gondola, Lawry’s the Prime-Rib, Café Angelino, Culina Ristorante and Caffe, II Cielo), shopping (Rodeo Dr with Dior, Fendi, Gucci, Hermes, Louis Vuitton) and entertainment destinations within walking distance to the property. Due to the 1920’s vintage charm and existing vacancy allow the buyer an opportunity to choose their own qualified residents at market making this a unique opportunity in a first-class location.

Exclusively Listed By

Financing By

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