205 S Reeves Dr - Apartments FOR SALE


Beverly Hills, CA 90212
$3,700,000 USD
818-390-4181
205 S Reeves Dr, Beverly Hills, CA for Sale
$3,700,000 USD
Apartments - FOR SALE
1/24
null | 3.65% Cap Rate

205 S Reeves Dr
Beverly Hills, CA 90212


HIGHLIGHTS

  • In-Unit & On-Site Laundry — Select units include in-unit washer/dryer, with additional on-site laundry facilities.
  • Assigned Parking — The property offers 5 parking spaces, a high-value amenity that strengthens marketability in Beverly Hills.
  • Premium, Irreplaceable Unit Mix - Two 3-bedroom units, complemented by a 2+1 and 1+1.
  • Architectural Character — Spanish-style design elements, hardwood flooring, and period details differentiate the property from newer construction.
  • Private Courtyard Setting — Landscaped courtyard with seating creates a residential feel and enhances tenant experience.
  • Updated Unit Amenities — Units feature air conditioning, heating, functional kitchen appliances, select fireplaces, as well as a private courtyard.

OVERVIEW

-In-Unit & On-Site Laundry — Select units include in-unit washer/dryer, with additional on-site laundry facilities providing everyday convenience and enhancing tenant retention. -Assigned Parking — The property offers 5 parking spaces, a high-value amenity that strengthens marketability in Beverly Hills’ dense, supply-constrained environment. -Premium, Irreplaceable Unit Mix - Two 3-bedroom units (including a rare 3+3) anchor the property, complemented by a 2+1 and 1+1—driving higher rents, longer tenant retention, and strong demand from affluent Westside renters, further enhanced by recent upgrades and clear rent-growth upside. -Architectural Character — Spanish-style design elements, hardwood flooring, and period details differentiate the property from newer construction and support lifestyle-driven demand. -Private Courtyard Setting — Landscaped courtyard with seating creates a residential feel and enhances tenant experience uncommon among nearby multifamily offerings. -Updated Unit Amenities — Units feature air conditioning, heating, functional kitchen appliances, select fireplaces, as well as a private courtyard. -Prime Beverly Hills Location — Situated a stroll away from Urth Caffé, Chaumont Bakery & Café, Parakeet Café, and Maru Espresso Bar, 205 S Reeves Dr offers immediate access to top dining destinations including Bacari Beverly Hills, Matu, and All’Antico Vinaio. The property is also conveniently close to Whole Foods Market, Pavilions, Beverly Canon Gardens, and world-class shopping along Rodeo Drive.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$698 USD /SF

# OF UNITS

4

PRICE/UNIT

$925,000

CAP RATE

3.65%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,058 SF

ZONING

R4

APN/PARCEL ID

4331-003-002

ASK ABOUT THIS PROPERTY

Eli AppelMarcus & MillichapMore Info
818-390-4181

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Eli AppelMarcus & MillichapMore Info
818-390-4181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.