Multifamily

9940 Robbins Dr

Listing Price: $4,400,000

Cap Rate
2.78%
Number of Units
8
GRM
19.96
Occupancy
97.00%
Price/Unit
$550,000
Price/Gross SF
$737.14
Gross SF
5,969

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of 9940 Robbins Drive in Beverly Hills. The 1930's Spanish Colonial revival eight unit apartment building is distinct as it has a rich Mediterranean flair appropriate as it resides on one of the most sought after blocks in not only Southern California but also in Beverly Hills. The building is characterized by red-tile roofs, bright stucco walls, rounded arches in the doorways, multi-pane windows, cove ceilings and both a private and shared patio leading to an enclosed laundry room. Additionally, there are decorative details such as both iron and wood railings, stucco vents and an elaborate chimney tops adding unique character to the building.

Built in 1936 and consisting of almost 6,000-square feet, Robbins Drive has a desired unit mix consisting of eight, one-bedroom / one-bathroom units (two of which have been converted into one large two-bedroom/two-bath unit to be delivered vacant). Additionally, another one bedroom is to be delivered vacant increasing the opportunity to command top dollar rent. Nestled in a world famous location steps to Beverly Hills High School, The Peninsula Beverly Hills, Beverly Hilton, Waldorf Astoria and only minutes to Rodeo Drive and its first class dining and shopping experience the immediate amenities for the residents are beyond superb.

Investment Highlights

  • Three Vacant Units
  • Five Parking Spaces with Private Storage Above Each
  • Private and Shared Patio
  • Laundry Room
  • Four Bike Racks
  • One Large and Two Smaller Storage Spaces in Building

Exclusively Listed By

Listing Price: $4,400,000

Cap Rate
2.78%
Number of Units
8
GRM
19.96
Occupancy
97.00%
Price/Unit
$550,000
Price/Gross SF
$737.14
Gross SF
5,969

Investment Highlights

  • Three Vacant Units
  • Five Parking Spaces with Private Storage Above Each
  • Private and Shared Patio
  • Laundry Room
  • Four Bike Racks
  • One Large and Two Smaller Storage Spaces in Building

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing of 9940 Robbins Drive in Beverly Hills. The 1930's Spanish Colonial revival eight unit apartment building is distinct as it has a rich Mediterranean flair appropriate as it resides on one of the most sought after blocks in not only Southern California but also in Beverly Hills. The building is characterized by red-tile roofs, bright stucco walls, rounded arches in the doorways, multi-pane windows, cove ceilings and both a private and shared patio leading to an enclosed laundry room. Additionally, there are decorative details such as both iron and wood railings, stucco vents and an elaborate chimney tops adding unique character to the building.

Built in 1936 and consisting of almost 6,000-square feet, Robbins Drive has a desired unit mix consisting of eight, one-bedroom / one-bathroom units (two of which have been converted into one large two-bedroom/two-bath unit to be delivered vacant). Additionally, another one bedroom is to be delivered vacant increasing the opportunity to command top dollar rent. Nestled in a world famous location steps to Beverly Hills High School, The Peninsula Beverly Hills, Beverly Hilton, Waldorf Astoria and only minutes to Rodeo Drive and its first class dining and shopping experience the immediate amenities for the residents are beyond superb.

Exclusively Listed By

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