$2,135,000
$2,195,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
240 S Tower Dr Beverly Hills, CA 90211
6 Beds
5 Baths
4,343 SqFt
Key Details
Sold Price $2,135,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,343 sqft
Price per Sqft $491
MLS Listing ID 24-373499
Sold Date 05/24/24
Style Spanish
Bedrooms 6
Year Built 1929
Lot Size 6,734 Sqft
Acres 0.1546
Property Description
1929 Character Spanish 4-unit pride of ownership building in the city of Beverly Hills. Upstairs: 1 bed 1 bath unit that was extensively remodeled in the last 7 years ($2,700 monthly rent) and a charming 2 bed 1 bath ($2,370 monthly rent). Downstairs: cozy 1 bed 1 bath unit that has some recent updates to the kitchen ($2,550 monthly rent) and a 2 bed 2 bath+ Office unit with private patio ($2,390 monthly rent). 3 of the 4 units have their own private laundry. All units have central AC. Roof for Building and Garage replaced in 2022. Property was fumigated in 2023. Estimated annual expenses are $11,500 for water, gardener, insurance, pest, and common electrical. Owner has maintained and upgraded property over the years by installing dual paned windows in some units, painting, installing newer appliances and remodeling in some of the units. Garage has 2 tandem spaces fitting 4 cars as well as storage. Located close to Rodeo Drive, Century City, La Cienega Park & Tennis Courts, Cedars Sinai, Restaurant Row, Miracle Mile, West Hollywood, Pico-Robertson, LACMA, and the upcoming "Purple" Metro Subway Line. Incredible opportunity to own income property in the city of Beverly Hills with its award-winning schools, fire, police, and city services. The building is currently 100% tenant occupied. Access to property with accepted offer only.
Location
State CA
County Los Angeles
Area Beverly Hills
Zoning BHR475
Rooms
Other Rooms Other
Interior
Heating Central
Cooling Central, Air Conditioning
Flooring Hardwood
Fireplaces Type None
Equipment Built-Ins, Dishwasher, Dryer, Garbage Disposal, Refrigerator, Range/Oven, Microwave, Washer
Laundry Inside, In Unit, Other
Exterior
Garage Tandem, Garage Is Detached, Garage - 4+ Car
Garage Spaces 4.0
View Y/N Yes
View Tree Top, Walk Street
Building
Story 2
Architectural Style Spanish
Level or Stories One
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with KW Advisors