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Oakmore Inc. on behalf of ownership, are pleased to exclusively offer for sale the opportunity to acquire the 100% fee simple interest in a classic multi family building at 344 S Doheny Dr, Beverly Hills, CA 90211 (the “Property”). The Property consists of 4 units totaling approximately ±7,100 SF on ±0.129 acre (±5,620 SF) parcels of land. The Property comprises 4 units: (3) spacious 3 bedroom 2 bath units, with one unit delivered vacant, perfect for an owner user or to allow an investor to capture market rent. Income figures assume the vacant unit at $5,500/month.
The Property offers four oversized, light-filled units with open, flexible floor plans. And all units are separately metered for gas and electricity, and feature central A/C, and the building provides 10 parking spaces plus community laundry. Ownership has managed and maintained the Property exceptionally. Recently, a soft-story retrofit was completed in 2020, and a new roof was installed in 2019. Moreover, new drainlines and the water heater were installed in 2019 and 2021, respectively.
Rarely does an investor have the chance to acquire a multi-family property of such distinction in a prime Beverly Hills location. Attractively offered at $2,895,000, 344 S Doheny Dr. is more than just a property; it's a generational investment opportunity in one of Los Angeles' most desirable neighborhoods. With strong upside in the three leased units, this is an exceptional value-add property and promises unparalleled potential and long-term appreciation. Don't miss this exclusive opportunity.