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Multifamily

205 S Reeves Dr

205 S Reeves Dr, Beverly Hills, CA 90212

Listing Price: $3,700,000

Cap Rate
3.65%
Number of Units
4
GRM
17.72
Price/Unit
$925,000
Price/Gross SF
$697.98
Gross SF
5,301

Investment Overview

205 S Reeves Drive is a four-unit multifamily property located in one of Southern California’s most prestigious and supply-constrained rental markets. Built in 1935 and positioned within walking distance of South Beverly Drive’s dining, retail, and lifestyle amenities, the asset benefits from sustained tenant demand driven by location, walkability, and Beverly Hills’ high-barrier entry fundamentals. 205 S Reeves Drive features an exceptional four-unit configuration anchored by larger, high-demand layouts.
The property includes two expansive 3-bedroom units (one 3+3 and one 3+2), complemented by a 2+1 and a 1+1—providing strong appeal to both families and professionals. The unit mix supports durable rental demand, reduced turnover, and upside through significant interior upgrades. Units feature air conditioning, heating, functional kitchen appliances, and select fireplaces, while in-unit and on-site laundry, covered parking, and a private courtyard to enhance livability and tenant retention. Spanish-style
architectural details and period finishes further differentiate the property from surrounding multifamily stock. Located south of Wilshire Boulevard and adjacent to Beverly Hills’ Golden Triangle business district, 205 S Reeves Drive offers walkable access to major employment centers, parks, high-end retail, and cultural destinations—supporting long-term occupancy, income durability, and value preservation in a market defined by limited new supply. The property is moments from Urth Caffé, Chaumont Bakery &
Café, Parakeet Café, and Maru Espresso Bar, with immediate proximity to top dining destinations including Bacari Beverly Hills, Matu, and All’Antico Vinaio. Everyday conveniences such as Whole Foods Market and Pavilions, along with Beverly Canon Gardens and world-class shopping along Rodeo Drive, further reinforce the location’s exceptional livability and sustained tenant demand.

Investment Highlights

  • Updated Unit Amenities — Units feature air conditioning, heating, functional kitchen appliances, and select fireplaces, meeting tenant expectations and supporting rentability.
  • In-Unit & On-Site Laundry — Select units include in-unit washer/dryer, with additional on-site laundry facilities providing everyday convenience and enhancing tenant retention.
  • Assigned Parking — Property offers covered and assigned parking, a high-value amenity that strengthens marketability in Beverly Hills' dense, supply-constrained environment.
  • Architectural Character — Spanish-style design elements, hardwood flooring, and period details differentiate the property from newer construction and support lifestyle-driven demand.
  • Private Courtyard Setting —Landscaped courtyard with seating creates a residential feel and enhances tenant experience uncommon among nearby multifamily offerings.
  • High Walkability Location — Walkable access to South Beverly Drive dining, retail, parks, and services reduces car dependency and supports rent premiums.

Exclusively Listed By

Financing By

Multifamily

205 S Reeves Dr

Listing Price: $3,700,000

Cap Rate
3.65%
Number of Units
4
GRM
17.72
Price/Unit
$925,000
Price/Gross SF
$697.98
Gross SF
5,301

Investment Highlights

  • Updated Unit Amenities — Units feature air conditioning, heating, functional kitchen appliances, and select fireplaces, meeting tenant expectations and supporting rentability.
  • In-Unit & On-Site Laundry — Select units include in-unit washer/dryer, with additional on-site laundry facilities providing everyday convenience and enhancing tenant retention.
  • Assigned Parking — Property offers covered and assigned parking, a high-value amenity that strengthens marketability in Beverly Hills' dense, supply-constrained environment.
  • Architectural Character — Spanish-style design elements, hardwood flooring, and period details differentiate the property from newer construction and support lifestyle-driven demand.
  • Private Courtyard Setting —Landscaped courtyard with seating creates a residential feel and enhances tenant experience uncommon among nearby multifamily offerings.
  • High Walkability Location — Walkable access to South Beverly Drive dining, retail, parks, and services reduces car dependency and supports rent premiums.

Investment Overview

205 S Reeves Drive is a four-unit multifamily property located in one of Southern California’s most prestigious and supply-constrained rental markets. Built in 1935 and positioned within walking distance of South Beverly Drive’s dining, retail, and lifestyle amenities, the asset benefits from sustained tenant demand driven by location, walkability, and Beverly Hills’ high-barrier entry fundamentals. 205 S Reeves Drive features an exceptional four-unit configuration anchored by larger, high-demand layouts. The property includes two expansive 3-bedroom units (one 3+3 and one 3+2), complemented by a 2+1 and a 1+1—providing strong appeal to both families and professionals. The unit mix supports durable rental demand, reduced turnover, and upside through significant interior upgrades. Units feature air conditioning, heating, functional kitchen appliances, and select fireplaces, while in-unit and on-site laundry, covered parking, and a private courtyard to enhance livability and tenant retention. Spanish-style architectural details and period finishes further differentiate the property from surrounding multifamily stock. Located south of Wilshire Boulevard and adjacent to Beverly Hills’ Golden Triangle business district, 205 S Reeves Drive offers walkable access to major employment centers, parks, high-end retail, and cultural destinations—supporting long-term occupancy, income durability, and value preservation in a market defined by limited new supply. The property is moments from Urth Caffé, Chaumont Bakery & Café, Parakeet Café, and Maru Espresso Bar, with immediate proximity to top dining destinations including Bacari Beverly Hills, Matu, and All’Antico Vinaio. Everyday conveniences such as Whole Foods Market and Pavilions, along with Beverly Canon Gardens and world-class shopping along Rodeo Drive, further reinforce the location’s exceptional livability and sustained tenant demand.

Exclusively Listed By

Financing By

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