$5,800,000
- Beds
- 17
- sq ft
- 13,470
318 N Oakhurst Dr, Beverly Hills, CA 90210
318 N Oakhurst Dr
Beverly Hills, CA 90210
- 69 days on market
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.
Details
Property type
Lot size
7,497 sq ft
Price per sq ft
$431
Year built
1969
HOA
No
Price History
12/16/2024
CLAW #24452575
Listed
$5,800,000
11/12/2024
CLAW #24452575
Pending
$5,800,000
10/14/2024
CLAW #24452575
Listed
$5,800,000
Schools & Community
Neighborhood:
Mid City West
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/22/2024 at 9:10 AM
Listing updated: 12/18/2024 at 10:05 PM
Listed by: Jordan Rubinstein, Century Park Realty, Inc. Phone #: (310) 745-7660
MLS: CLAW #24452575
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