Property listed by SG California, Inc., Jacob Shadrooz 310-777-0436
$3,200,000
Prime Beverly Hills multifamily investment opportunity located south of Olympic Boulevard. This well-maintained 6-unit apartment building totaling approximately 6,724 square feet offers an attractive unit mix and compelling upside potential in one of the most desirable rental markets in Southern California.The property consists of four (4) spacious 2-bedroom / 2-bath… Read More units and two (2) 1-bedroom / 1-bath units, each featuring spacious, efficient floor plans, and is complemented by six (6) on-site carports. One 2-bedroom unit is currently vacant, featuring a rare private approximately 800 SF patio, making the property ideal for an owner-user seeking strong rental income or an investor looking to immediately capture market rents.The building was recently painted, overall is in condition, and features hardwood floors throughout. Two units include in-unit washers and dryers, with the remaining units well-positioned for upgrades. The roof is in good condition, minimizing near-term capital expenditures. All units are separately metered for electricity and gas, allowing for efficient utility management and improved operating margins.There is potential to add a 7th unit via an ADU (buyer to verify), creating additional long-term value. Existing tenants have expressed openness to cash-for-keys buyouts, presenting a clear path for a value-add or redevelopment strategy.Located in prime Beverly Hills, close to Olympic Boulevard, shopping, dining, and major employment centers, 455 S Oakhurst Drive represents a rare opportunity to acquire a stable, well-located asset with multiple exit strategies and meaningful upside. Read Less
Listing Snapshot
Days Online
55
Last Updated
Beds
10
Square Ft.
6,724
Lot Size
0.14 Acres
MLS Number
26643853
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Living area: 6724.0, 6 buildings, Levels: Two
Heating
Gravity, WallFurnace
Income
Gross Income: $167,966, Net Operating Income: $80,137
Lot
0.1395 acres, Dimensions: 50x121
Parking
6 total parking spaces, Carport
Taxes
Parcel Number: 4332003012, Zoning: BHR4YY
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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