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252 S Reeves Drive

Beverly Hills, CA 90212
  • $4,579,000
  • STATUS: Active Under Contract
  • ON SITE: 37 Days
  • ID#: 24463521
Under Contract
UPDATED: 34 min ago
$4,579,000
  • 14
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,240
    SQFT
  • $407
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Robert Louis of Landmark Realtors, Inc. (323-651-2200)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T13:29:59.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/159285517
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252 S Reeves Drive Beverly Hills, CA 90212

  • Price: $4,579,000
  • Status: Active Under Contract
  • On Site: 37 Days
  • Updated: 34 min ago
  • ID#: 24463521
14
Beds
0
Baths
0
½ Baths
0.14
Acres
11,240
SQFT
$407
$/SQFT
1963
Built
Neighborhood:
C01 - Beverly Hills
County:
Los Angeles
Area:
C01 - Beverly Hills
Property Description
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.
Exterior Features

Architectural Style Mid-Century Modern Carport YN Yes Construction Materials Stucco Entry Level 1 Entry Location Main Level Number Of Separate Electric Meters 11 Parking Features Carport Parking Total 14 Pool Features None Pool Private YN No Roof Rolled/Hot Mop Spa Features None Spa YN No

Interior Features

Appliances DishwasherRefrigerator Cooling Wall/Window Unit(s) Cooling YN Yes Flooring CarpetLaminate Heating Radiant Heating YN Yes

Property Features

Association YN No Disclosures Rent Control Gross Income 237000 Laundry Features Common Area Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 146313 New Construction YN No Number Of Separate Gas Meters 11 Number Of Separate Water Meters 0 Number Of Units Leased 11 Possession Close Of Escrow Rent Control YN Yes Security Features Security GateSmoke Detector(s) Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Vacancy Allowance Rate 0 Zoning BHR4YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-02-15T13:29:59.623. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Robert Louis of Landmark Realtors, Inc. (323-651-2200)