Institutional Property Advisors (IPA), as the exclusive listing agent, is pleased to present the opportunity to acquire 230 Hamilton (the “Property”), an unbelievably rare opportunity to acquire a premier 35-unit, 1990 Built apartment building located in hyper affluent Beverly Hills, CA. Over $3.5M of capital improvements ($100,000 per unit) have been completed in the last 10 years that have completely transformed the property into a trophy asset. Extensive, top line enhancements have been completed related to the roofs, elevator, HVACs, electrical/lighting, plumbing, water heaters, exterior paint, balconies, signage, amenities, and interior finishes to 31 of 35 units (89%). Investors will have the opportunity to capture 35-40% upside in rental income on the 4 units that remain in classic condition post renovation. 230 Hamilton is a unique asset with a mix of large 2- and 3-bedroom floorplans that average 1,466 SF, excellent amenity package that includes a spa, fitness room (with ADU conversion potential), & central courtyard with sundeck, and an expired tract map in place that provides the option to sell units as individual condominiums in the future. Furthermore, investors will have the option to acquire the property cash to new loan or by assuming the in-place loan. As Beverly Hills continues to be one of the most desirable and supply constrained markets in the western United States with few parcels for development, 230 Hamilton is well positioned to capitalize on the strong housing demand. Given the asset’s coveted Beverly Hills location, unique improvements, upside potential via renovations to the 4 remaining classic finish units, and condo conversion potential, 230 Hamilton represents a truly rare opportunity.