318 Oakhurst Drive, Beverly Hills, CA 90210
  • MLS#: 24452575 ( )
  • Street Address: 318 Oakhurst Drive
  • Viewed: 2
  • Price: $5,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1969
  • Bldg sqft: 0
  • Days On Market: 33
  • Additional Information
  • County: LOS ANGELES
  • City: Beverly Hills
  • Zipcode: 90210
  • Provided by: Century Park Realty, Inc.
  • Contact: Jordan Jordan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Century Park Realty Inc. is proud to present 318 N Oakhurst Drive, a prime 7 unit, 4 story, multifamily investment opportunity situated in the most desirable multifamily pocket of Beverly Hills and Listed at just $431 PER SQUARE FOOT! Totaling 13,470 square feet on approximately 7,500 square feet of land zoned BHR4 and LAR4. The entire top floor features a luxurious single story Penthouse, with direct elevator access spanning +/ 5,300 square feet. The PH floor underwent a $660K renovation under the supervision of an ASID designer, making it one of the largest single floor luxury penthouse apartments in Beverly Hills. The other six (6) units are all well apportioned 2 bed and 2 bath units. The property is currently 100% leased, providing robust cash flow to an investor, while also presenting a value add component for future enhancements. The building is separately metered for electricity and features a central water meter. The property has unique zoning in that it sits between Beverly Hills and Los Angeles. As such, permits for renovations can be obtained in either city while the property benefits from all the Beverly Hills city services, like K 12 schools, Police and Fire Departments. Rarely do such well maintained secured access buildings become available in this submarket. This is only the second time 318 N Oakhurst Drive is available for purchase since its construction in 1969.This generational legacy asset is ideally positioned just north of Burton Way and west of Doheny, only one block from the Four Seasons and of a mile from the Beverly Hills City Hall, Police Department and renowned dining on Canon Drive and shopping along Beverly and Rodeo Drives. Melrose/Robertson, Cedars Sinai Medical Center, and the Beverly Center are just a half mile away.
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Features
Appliances
  1. Dishwasher
  2. Refrigerator
Building Area Total
  1. 13470.00
Cooling
  1. Central Air
Country
  1. US
Entry Location
  1. Foyer
Flooring
  1. Laminate
  2. Vinyl
  3. Carpet
Heating
  1. Central
Laundry Features
  1. Community
Laundry Income
  1. 1739.00
Levels
  1. Three Or More
Netoperatingincome
  1. 228132.00
Otherincome1
  1. 897.00
Parcel Number
  1. 4335015004
Parking Features
  1. Direct Garage Access
  2. Community Structure
  3. Tandem Garage
  4. Side by Side
  5. Gated
Pool Features
  1. None
Security Features
  1. Card/Code Access
Sourcesystemkey
  1. 24-452575:CLAW
Spa Features
  1. None
Tenant Pays
  1. Electricity
Totalexpenses
  1. 129812.00
Year Built
  1. 1969
Zoning
  1. LAR4