Beverly Hills, CA 90212 252 S Reeves Drive
$4,579,000
1 more
Presented By: Robert Louis with Landmark Realtors, Inc.;
- MLS# 24463521
- 12/29/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 14
Baths • 14
SQFT • 11,240
Home Details
Unique Mid-Century style building on a beautiful tree lined street in the heart of Beverly Hills. One block from Beverly Drive and just south of Wilshire Blvd from downtown, Rodeo Drive and the soon to be Metro stop. Eleven highly desirable units featuring abundance of natural light, quality living environment, gated garage parking and on premises laundry. Ten of the eleven units have been appropriately remodeled or upgraded. The building is easy to manage and there is good upside potential in rents. Soft story retrofit has been done, painting and new roof September 2024, elevator mechanics recently modernized (all permits available). Limited showings so as not to disturb tenants, or with accepted offer. Property status is technically not back on market - it was initially listed as Coming Soon and then put on HOLD for after the holidays.
Presented By: Robert Louis with Landmark Realtors, Inc.;
Interior Features for 252 S Reeves Drive
Bedrooms
Total Bedrooms14
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths14
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories3
Other Rooms
Entry Level1
General for 252 S Reeves Drive
Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator
Architectural StyleMidCenturyModern
Attached Garage No
Carport Y/NYes
CityBeverly Hills
Construction MaterialsStucco
CoolingWallWindowUnits
CountyLos Angeles
DirectionsBetween Wilshire and Olympic, one block east of Beverly Drive
DisclosuresRentControl
Entry LocationMain Level
Full Baths
Garage Y/NNo
Gross Income237000.0
HOANo
HeatingRadiant
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Lot Size Square Feet6072.0
Lot Size UnitsSquareFeet
MLS AreaC01 - Beverly Hills
MobileHomeRemainsYNNo
Net Operating Income146313.0
New ConstructionNo
Number Of Units Total11
Number of Units Leased11
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
RoofRolledHotMop
Security FeaturesSecurityGate, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Tenant PaysCableTv, Electricity, Gas
Year Built1963
ZoningBHR4YY
Exterior for 252 S Reeves Drive
Building Area Total11240.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1394
Lot Size Area6072.0
Number of Buildings1
Number of Separate Electric Meters11
Number of Separate Gas Meters11
Number of Separate Water Meters0
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking14.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate