Lovely Beverly Hills Apartment Building For Sale
- First time for sale in over 30 years.
- 6 units are fully rented.
- All tenants on a month to month basis.
- 7 on-site parking spaces, 4 are covered.
- Lovely hardwood floors, tile, and moldings.
- Significant improvements have been made.
- Incredible location across from Roxbury Park.
- Roxbury Park tennis courts, green spaces.
- Under market rental rates, potential upside.
- Development opportunities to be researched.
- Drive by the property to see super location.
- Please do not disturb the tenants.
Charming French style complex across from Roxbury Park. For sale for the first time in over 30 years, this beautiful original Beverly Hills residential income property has 6 units around a lovely central courtyard garden. The front unit is on two levels, and has 2 bedrooms, den, 1 full bath, and 2 half baths. Two units are on 2 levels, and two units are on 1 level. Each have 2 bedrooms, 1 full bath, and 1 half bath. The 6th unit is a studio which may not be up to code. All units feature lovely hardwood floors, tile, wainscoting, and moldings. Significant improvements have been made, such as replacing all heaters, and upgrading plumbing and electrical. All of the units are rented, and are on a month to month basis. There are 7 on-site parking spaces, 4 are covered. There is a laundry area in the basement. Amenities at Roxbury Park include tennis courts, lawn bowling, a community center, playground, and green spaces. Potential financial upside due to the current under market rental rates. Opportunity for future development potential at the property should also be researched. You should definitely drive by the property to see its incredible location, but please do not disturb the tenants.