313 S Reeves Dr - Apartments FOR SALE


Beverly Hills, CA 90212
$14,250,000 USD
424-600-7633
313 S Reeves Dr, Beverly Hills, CA for Sale
$14,250,000 USD
Apartments - FOR SALE
1/13
null | 4% Cap Rate

313 S Reeves Dr
Beverly Hills, CA 90212


HIGHLIGHTS

  • Central Beverly Hills near Golden Triangle
  • Gross Floor Area of 22,313 SF - Rentable Space of 17,154 SF
  • 10 Units - Condo Mapped - Six Units: 2 + 2.5 • Three Units: 2 + 2.5 + Den • One Unit: 1 + 1.5
  • High Occupancy • High End of Market • No Affordable Units • 28 Side-by-Side Parking Spaces
  • Generational Asset • Pride of Ownership
  • Ground Floor Units feature Spacious Private Patios & All Other Units with Balconies

OVERVIEW

We are proud to present for sale for the first time ever a trophy 10 Unit Condo Building known as The Legacy Beverly Hills, in a World-Famous zip code! Presented by the Original Builders, this 2015 Construction has been lovingly maintained since the issuance of the Certificate of Occupancy, clearly showing Pride of Ownership. Built as Condominiums, with no expense spared, the property has been rented from inception, and is sold with a recorded Condo Map. Featuring units that average over 1,700 square feet (up to 2,341 SF), the sophisticated design is flooded with natural light in these open concept living areas with wood floors and clean lines. The fourth floor consists of two Penthouses, each with two bedrooms, a den/office, two full baths plus a powder room, and dual balconies. The ground floor units each include large private patios. All homes have in-unit washer/dryer closets. The building features 28 side-by-side parking spaces, which includes 3 guest spaces. The central Beverly Hills location, within walking distance to the Golden Triangle, is steps to Beverly Drive with countless dining options consisting of the quick to the fine, and the trendy to the establishment. Residents (and possible future owners) of this property will have no reason to leave the area other than by choice! Walk Score designates this area a Walker’s Paradise! Walk to Pavilions, Urth Caffe, Matu, the original CPK, Honor Bar, Chaumont Bakery…go a bit further and visit Roxbury Park, or even the coming Metro Station! The exceptional design with high-end finishes in one of the world’s premier locations has attracted high net-worth tenants and has led to a very high occupancy while keeping rents at the high end of the market. Come and make this Generational Asset yours!

FOR SALE DETAILS

PRICE

$14,250,000 USD

PRICE/SF

$639 USD /SF

# OF UNITS

10

PRICE/UNIT

$1,425,000

CAP RATE

4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased 10 Unit BH Condo Bldg from 2015

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2016

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

BHR4YY

APN/PARCEL ID

4331-004-047

ASK ABOUT THIS PROPERTY

Dario SvidlerPartners CRE - KWBHMore Info
424-600-7633

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Dario SvidlerPartners CRE - KWBHMore Info
424-600-7633

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