230 S Hamilton Dr | Beverly Hills, CA 90211
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- LoopNet Team
230 S Hamilton Dr
Beverly Hills, CA 90211
230 Hamilton · Multifamily Property For Sale
·
35 Units
INVESTMENT HIGHLIGHTS
- Rare opportunity to acquire a sizable multifamily asset in Beverly Hills, one of the most affluent cities in the United States.
- 230 Hamilton has an expired tract map in place and can be converted to for sale condominiums as a potential exit strategy.
- Over $3.5M ($100,000+ per unit) of capital improvements completed in the last 10 years.
- Investors will have the option to acquire 230 Hamilton cash to new loan OR by assuming the in-place loan
- Great unit mix consisting of (33) 2-bedrooms ranging from 1,363 to 1,694 square feet and (2) 3-bedroom townhomes that are 1,597 square feet.
- The 4 remaining classic units remain 35-40% below market, offering investors an opportunity to capture rental upside post renovation.
PROPERTY FACTS
| No. Units | 35 | Building Size | 51,301 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1990 |
| Building Class | B | Parking Ratio | 1.72/1,000 SF |
| Lot Size | 0.74 AC | ||
| Zoning | BHR475 | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.74 AC |
| Building Size | 51,301 SF |
| Average Occupancy | 94% |
| No. Stories | 4 |
| Year Built | 1990 |
| Parking Ratio | 1.72/1,000 SF |
| Zoning | BHR475 |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Crown Molding
- Kitchen
- Refrigerator
- Walk-In Closets
SITE AMENITIES
- Pool
- Sauna
- Spa
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 24 | - | 1,363 - 1,431 |
| 2+2.5 | 9 | - | 1,315 - 1,694 |
| 3+2.5 | 2 | - | 1,597 - 1,600 |
PROPERTY TAXES
| Parcel Number | 4333-029-070 | Improvements Assessment | $19,175,643 |
| Land Assessment | $24,844,963 | Total Assessment | $44,020,606 |
PROPERTY TAXES
Parcel Number
4333-029-070
Land Assessment
$24,844,963
Improvements Assessment
$19,175,643
Total Assessment
$44,020,606
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