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$5,800,000

Est. payment - /mo

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17 BD

15 BA

13,470 SqFt

Active

318 N Oakhurst DR Beverly Hills, CA 90210

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Sean Glaze

sean@squirerealty.net +1(626) 975-4104

UPDATED:

10/22/2024 02:16 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,470 sqft

Price per Sqft $430

MLS Listing ID 24452575

Bedrooms 17

HOA Y/N No

Year Built 1969

Lot Size 7,496 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C01 - Beverly Hills

Zoning LAR4

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Vinyl

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Common Area

Exterior

Garage Direct Access, Garage, Gated, Community Structure, Side By Side, Tandem

Pool None

Parking Type Direct Access, Garage, Gated, Community Structure, Side By Side, Tandem

Total Parking Spaces 14

Private Pool No

Building

Story 4

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 4335015004

Security Features Key Card Entry

Special Listing Condition Standard

Listed by Jordan Rubinstein • Century Park Realty, Inc.

Sean Glaze

Broker | License ID: 01394201

+1(626) 975-4104

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Sean Glaze

318 N Oakhurst DR Beverly Hills, CA 90210

Sean Glaze

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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318 N Oakhurst DR