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Multifamily

224 S Gale Dr

224 S Gale Dr, Beverly Hills, CA 90211

Listing Price: $2,195,000

Cap Rate
3.04%
Number of Units
4
GRM
19.49
Occupancy
97.0%
Price/Unit
$548,750
Price/Gross SF
$636.79
Gross SF
3,447

Investment Overview

We are pleased to present the exclusive listing of a charming four-unit apartment building located at 224 S. Gale Drive in Beverly Hills, an exceptional opportunity to own in one of Los Angeles' most prestigious neighborhoods. Built in 1926 and owned by the same family for generations, this rare offering includes two separate duplexes on a 6,496 SF lot, totaling 3,447 rentable square feet. The unit mix consists of two 2-bedroom/1-bathroom units one of which is a vacant, ground-floor unit with minimal steps, ideal for an owner-user and two 1-bedroom/1-bathroom units. Priced under $2.2 million, this is a truly rare chance to own a Beverly Hills fourplex in a prime location steps from La Cienega Park, two blocks east of La Cienega Boulevard, and one block south of Wilshire Boulevard. The building features four parking spaces in the rear, a completed soft-story retrofit, window A/C units, wall heaters, refinished hardwood floors, and bright, airy living spaces with windows in every room. With one unit vacant, this is a perfect scenario to live in one unit and collect rental income from the other three. Residents enjoy unbeatable access to world-class amenities including Rodeo Drive, The Grove, The Beverly Center, and West Hollywood, as well as premier dining options like Spago, Mastro's, The Bazaar by Jose Andres, and Nobu Beverly Hills. Cultural attractions such as the Saban Theater, Greystone Mansion, The Beverly Hills Hotel, the Getty Center, and Museum Rowhome to LACMA, La Brea Tar Pits, the Petersen Museum, and the Academy Museum are all just minutes away. With strong rental demand, timeless charm, and excellent connectivity via Santa Monica Boulevard, Wilshire, and the 405 and 10 Freeways, this is a unique investment with enduring appeal in the heart of Beverly Hills.

Investment Highlights

  • Beverly Hills | Steps to La Cienega Park | Situated 2 blocks east of La Cienega Boulevard and 1 block south of Wilshire
  • Under $2.2M for a Beverly Hills Fourplex - with a vacant ground Floor 2 bedroom with very few steps!
  • Four Parking Spaces | Soft Story Retrofit Completed
  • Two Separate Duplexes on One 6,496 SF Lot
  • Owned By The Same Family for Generations
  • Live in One Unit and Collect Income from the other 3 occupied Units

Exclusively Listed By

Financing By

Multifamily

224 S Gale Dr

Listing Price: $2,195,000

Cap Rate
3.04%
Number of Units
4
GRM
19.49
Occupancy
97.0%
Price/Unit
$548,750
Price/Gross SF
$636.79
Gross SF
3,447

Investment Highlights

  • Beverly Hills | Steps to La Cienega Park | Situated 2 blocks east of La Cienega Boulevard and 1 block south of Wilshire
  • Under $2.2M for a Beverly Hills Fourplex - with a vacant ground Floor 2 bedroom with very few steps!
  • Four Parking Spaces | Soft Story Retrofit Completed
  • Two Separate Duplexes on One 6,496 SF Lot
  • Owned By The Same Family for Generations
  • Live in One Unit and Collect Income from the other 3 occupied Units

Investment Overview

We are pleased to present the exclusive listing of a charming four-unit apartment building located at 224 S. Gale Drive in Beverly Hills, an exceptional opportunity to own in one of Los Angeles' most prestigious neighborhoods. Built in 1926 and owned by the same family for generations, this rare offering includes two separate duplexes on a 6,496 SF lot, totaling 3,447 rentable square feet. The unit mix consists of two 2-bedroom/1-bathroom units one of which is a vacant, ground-floor unit with minimal steps, ideal for an owner-user and two 1-bedroom/1-bathroom units. Priced under $2.2 million, this is a truly rare chance to own a Beverly Hills fourplex in a prime location steps from La Cienega Park, two blocks east of La Cienega Boulevard, and one block south of Wilshire Boulevard. The building features four parking spaces in the rear, a completed soft-story retrofit, window A/C units, wall heaters, refinished hardwood floors, and bright, airy living spaces with windows in every room. With one unit vacant, this is a perfect scenario to live in one unit and collect rental income from the other three. Residents enjoy unbeatable access to world-class amenities including Rodeo Drive, The Grove, The Beverly Center, and West Hollywood, as well as premier dining options like Spago, Mastro's, The Bazaar by Jose Andres, and Nobu Beverly Hills. Cultural attractions such as the Saban Theater, Greystone Mansion, The Beverly Hills Hotel, the Getty Center, and Museum Rowhome to LACMA, La Brea Tar Pits, the Petersen Museum, and the Academy Museum are all just minutes away. With strong rental demand, timeless charm, and excellent connectivity via Santa Monica Boulevard, Wilshire, and the 405 and 10 Freeways, this is a unique investment with enduring appeal in the heart of Beverly Hills.

Exclusively Listed By

Financing By

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