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Multifamily

260 S Doheny

260 S Doheny Dr, Beverly Hills, CA 90211

Listing Price: $3,650,000

Cap Rate
3.01%
Number of Units
7
Price/Unit
$521,429
Price/Gross SF
$559.39
Gross SF
6,525

Investment Overview

We are pleased to present 260 S Doheny Drive, a very well maintained seven unit multifamily property located in the highly desirable city of Beverly Hills. Built in 1954 and comprised of (6) Two bed/One Bath Units and (1) One Bed/One Bath Unit. With rents currently below market, this asset offers an investor a fantastic opportunity to acquire a very well located property with significant upside in rents as units turn. Additionally, The Seismic Retrofit has already been completed. Beverly Hills is known throughout the world for its glamorous residents and its luxurious lifestyle. Home to an estimated 43,996 people, the City of Beverly Hills is one of the most desirable residential communities California has to offer. Residents of this community can also benefit from the renowned Beverly Hills School district. BHUSD is recognized nationally as a leader in education. Students have consistently scored far above national averages on standardized achievement tests. Another incredible asset to this location is the public works systems including the Beverly Hills Police and Fire Departments which are known to be first class in all aspects and offers residents of this community unparalleled safety and peace of mind.

Investment Highlights

  • Long Term Owner, First Time on The Market in 50+ Years
  • Seismic Retrofit has been completed
  • Phenomenal Beverly Hills Location

Exclusively Listed By

Listing Price: $3,650,000

Cap Rate
3.01%
Number of Units
7
Price/Unit
$521,429
Price/Gross SF
$559.39
Gross SF
6,525

Investment Highlights

  • Long Term Owner, First Time on The Market in 50+ Years
  • Seismic Retrofit has been completed
  • Phenomenal Beverly Hills Location

Investment Overview

We are pleased to present 260 S Doheny Drive, a very well maintained seven unit multifamily property located in the highly desirable city of Beverly Hills. Built in 1954 and comprised of (6) Two bed/One Bath Units and (1) One Bed/One Bath Unit. With rents currently below market, this asset offers an investor a fantastic opportunity to acquire a very well located property with significant upside in rents as units turn. Additionally, The Seismic Retrofit has already been completed. Beverly Hills is known throughout the world for its glamorous residents and its luxurious lifestyle. Home to an estimated 43,996 people, the City of Beverly Hills is one of the most desirable residential communities California has to offer. Residents of this community can also benefit from the renowned Beverly Hills School district. BHUSD is recognized nationally as a leader in education. Students have consistently scored far above national averages on standardized achievement tests. Another incredible asset to this location is the public works systems including the Beverly Hills Police and Fire Departments which are known to be first class in all aspects and offers residents of this community unparalleled safety and peace of mind.

Exclusively Listed By

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