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Key Details
Sold Price $3,652,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,606 sqft
Price per Sqft $651
MLS Listing ID 25486971
Bedrooms 4
Year Built 1939
Lot Size 6,067 Sqft
Property Description
Reduced $150,000! Highest Cap Rate in Beverly Hills! Over $400,000 in Recent Upgrades/Renovations! 308 S Reeves Dr is an 8 Unit Apartment Building built in 1939. The property is located in an A+ Beverly Hills Location just north of Olympic Blvd and East of S Beverly Dr. The property offers an excellent unit mix comped of all Studio & 1 Bedroom / 1 Bathroom units. Spacious Units Averaging Approx. 701 SF Each. 5 of 8 Units Extensively Renovated. New Plumbing (5 Renovated Units), New Paint, New Landscaping. Carport in back offers 6 Parking Spaces. Potential ADU Opportunities
Location
State CA
County Los Angeles
Area C01 - Beverly Hills
Zoning BHR4YY
Interior
Heating Wall Furnace
Fireplaces Type Outside
Laundry Common Area
Exterior
Parking Features Carport
Building
Story 2
New Construction No
Others
Special Listing Condition Standard
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Bought with Jordan Asheghian • Lyon Stahl Investment Real Estate, Inc.
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