205 S Reeves Dr - Apartments FOR SALE


Beverly Hills, CA 90212
$3,400,000 USD
424-416-3307
205 S Reeves Dr, Beverly Hills, CA for Sale
$3,400,000 USD
Apartments - FOR SALE
1/14
null | 4.08% Cap Rate

205 S Reeves Dr
Beverly Hills, CA 90212


OVERVIEW

205 S Reeves Drive is a charming four-unit multifamily asset situated in one of Southern California’s most coveted, supply-constrained rental markets. Originally constructed in 1935, the property benefits from classic Spanish-style architecture and a premier Beverly Hills location a few steps from South Beverly Drive’s dining, retail, and lifestyle amenities. This exceptional positioning continues to drive strong and consistent tenant demand supported by walkability, proximity to employment centers, and the city’s high barriers to new development. The asset features an attractive and highly desirable unit mix anchored by larger-format residences rarely found in comparable four-unit properties. The configuration includes two expansive three-bedroom units (one 3-bedroom/3-bath and one 3-bedroom/2-bath), comple- mented by a 2-bedroom/1-bath and a 1-bedroom/1-bath unit. These larger layouts appeal to families, professionals, and long-term tenants, contributing to reduced turnover, durable income, and mean- ingful upside through interior renovation and rental growth. Residences are equipped with air conditioning and heating, functional kitchens, and select fireplaces, enhancing livability and tenant comfort. Additional amenities include in-unit and on-site laundry, covered parking, and a private central courtyard—features that further support tenant retention and long-term occupancy. Period finishes and Spanish architectural details differentiate the property from surrounding multifamily inventory while preserving its timeless Beverly Hills character. Located south of Wilshire Boulevard and adjacent to Beverly Hills’ Golden Triangle business district, 205 S Reeves Drive offers walkable access to major employment hubs, parks, high-end retail, and renowned cultural destinations. Tenants benefit from immediate proximity to Urth Caffé, Chaumont Bakery & Café, Parakeet Café, and Maru Espresso Bar, as well as top dining destinations including Bacari Beverly Hills, Matu, and All’Antico Vinaio. Daily conveniences such as Whole Foods Market, Pavilions, Beverly Canon Gardens, and world-class shopping along Rodeo Drive further reinforce the property’s exceptional livability. Situated in an irreplaceable Beverly Hills location, 205 S Reeves Drive offers the opportunity to acquire a distinguish

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$641 USD /SF

# OF UNITS

4

PRICE/UNIT

$850,000

CAP RATE

4.08%

% 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 AppelEquity Union CommercialMore Info
424-416-3307

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Eli AppelEquity Union CommercialMore Info
424-416-3307

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