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209 S Reeves Dr 11 Unit Apartment Building $5,582,284 CAD ($507,480 CAD/Unit) Beverly Hills, CA 90212
INVESTMENT HIGHLIGHTS
- Location
EXECUTIVE SUMMARY
Incredible investment opportunity in the heart of Beverly Hills! This 11-unit trophy property sits moments from world-renowned Rodeo Drive, Beverly Drive, and Wilshire Blvd, offering unmatched access to luxury shopping, five-star dining, and iconic hotels. Tenants enjoy a true Beverly Hills lifestyle, surrounded by the city's most desirable amenities and beautiful tree-lined streets. The property features 5 one-bedroom units and 6 spacious studios, all equipped with full appliance packages. On-site laundry generates additional income, and there is garage or carport parking for every unit. Rare chance to own a well-maintained building in an A+ location with tremendous upside potential and long-term stability in one of the most prestigious rental markets in the world.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $5,582,284 CAD | Building Class | C |
| Price Per Unit | $507,480 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,504 SF |
| No. Units | 11 | Average Occupancy | 91% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1940 |
| Apartment Style | Low-Rise | Parking Ratio | 2.18/1,000 SF |
| Zoning | BHR4YY | ||
| Price | $5,582,284 CAD |
| Price Per Unit | $507,480 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,504 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 2.18/1,000 SF |
| Zoning | BHR4YY |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | - | 550 - 650 |
1 1
Walk Score®
Walker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 4331-003-003 | Improvements Assessment | $151,924 CAD |
| Land Assessment | $233,712 CAD | Total Assessment | $385,635 CAD |
PROPERTY TAXES
Parcel Number
4331-003-003
Land Assessment
$233,712 CAD
Improvements Assessment
$151,924 CAD
Total Assessment
$385,635 CAD
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209 S Reeves Dr
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